Constellation Brands Talks Cannabis, Beer Profits, and Glass Costs in Its Quarterly Conference Call

Constellation Brands Talks Cannabis, Beer Profits, and Glass Costs in Its Quarterly Conference Call
Constellation Brands (NYSE: STZ) delivered mixed results in its recent quarterly earnings report. While raising its profit outlook for the year, the alcoholic beverage giant lowered its sales target in the wine and spirits division and forecast a profitability drop in its booming beer segment. CEO Rob Sands and his executive team don’t see those short-term challenges derailing their growth... Read More

How Fed Rate Increases Impact Investors

How Fed Rate Increases Impact Investors
By Steve Economopoulos, CFP, ChFC, CMT One of the main factors impacting the current market, an omnipotent issue, is the role of the Federal Reserve Bank (the Fed) and how it influences the movement of the stock market. There is a relationship between what the Fed does to the discount rate, and how it impacts bond prices and borrowing costs for borrowers. This will affect... Read More