Read as much as you want on, anywhere and anytime, for just 99¢.

Celtics Live



3rd Quarter 7:19


Wine company hits a 4-year-plus high

Martin Bernetti/AFP/Getty Images

Constellation’s solid market position, with brands like Robert Mondavi wine, Corona beer (in a joint venture with Grupo Modelo), and Svedka vodka, spells long-term growth, analysts say.

Continue reading below

It was a day for investors to offer a toast: Constellation Brands Inc.’s stock rose 2.3 percent to reach its highest price since December 2007. The Victor, N.Y., company, which is the world’s largest wine company, was raised to “buy’’ from “neutral’’ by Goldman Sachs Group. And on Monday, Auriga USA said the company will post higher profits on Thursday; Auriga expects profit margins to continue to improve.

Loading comments...
Subscriber Log In

You have reached the limit of 5 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of
Marketing image of