Constellation sued by JV partner, shares fall

Courtesy Newsvine - business  Wed, 12/16/2009 - 10:26

Shares of wine maker Constellation Brands Inc. tumbled Wednesday after a downgrade amid news the company was being sued by its Mexican-based partner in a joint venture.


 

Related items

Wine maker's CEO's compensation jumps 25 percent
The chief executive and president of Constellation Brands Inc. saw his pay package rise 25 percent in fiscal 2011 as the alcoholic drinks company became more profitable but lost its status as...

Constellation Brands CEO drew $6.8M compensation
Constellation Brands Inc.'s CEO received compensation valued at almost $6.8 million in fiscal 2010 as the world's biggest winemaker adjusted to sluggish sales of alcoholic drinks in a choppy...

Verizon, Coinstar Tag Team on Netflix Rival
Telco will own 65% of joint venture with DVD vending machine...

HP No. 45 Black Inkjet Print Cartridge (51645A)
Black Ink Cartridge for Hewlett Packard printers and other designated machines

Green Laser Pointer II
No, it's not red - it's green Okay, just about everyone has a red laser pointer. Heck, we even sell a fine one here at ThinkGeek. But, we're pretty sure you want to be a superior geek - and...


 

Post new comment

The content of this field is kept private and will not be shown publicly.
CAPTCHA
We apologize for the inconvenience. Please help fight spam.
business.marc8.com