alcohol

Brown-Forman (NYSE:BF), the company that produces Jack Daniel’s, has reportedly turned down a $15 billion acquisition bid from its competitor, Sazerac. Sazerac’s $32 per share cash offer was declined by Brown-Forman earlier this week, reported the Wall Street Journal on Tuesday....

President Donald Trump declared the elimination of tariffs on Scottish whisky as a mark of respect for Britain’s King Charles III and Queen Camilla, following their state visit. Shortly after bidding adieu to the British royals at the White House on Thursday, Trump announced on his...

SNDL Inc (NASDAQ:SNDL) shares are trading lower on Wednesday afternoon after reporting first-quarter financial results that featured a revenue miss. Here’s what investors need to know. SNDL stock is among today’s weakest performers. What’s weighing on SNDL shares? SNDL Q1...

Shares of Brown-Forman (NYSE:BF) declined 5.88% in premarket trading on Wednesday, after French spirits behemoth Pernod Ricard S.A. (OTC:PRNDY) and the Jack Daniel’s whiskey maker mutually called off the merger talks on Tuesday. Pernod Ricard said it remains confident in its strategy and team...

Molson Coors Beverage Co (NYSE:TAP) is scheduled to report its first-quarter results on Thursday, April 30, before the market opens. The earnings expectation has been reduced from 40 cents per share to 36 cents per share to reflect lower revenue and margin estimates in the Americas, according to...

Spirits group, Sazerac, has reportedly put forth a $15 billion acquisition proposal for Brown-Forman (NYSE:BF, NYSE:BF), potentially disrupting the merger plans of the Jack Daniel producer with the French liquor giant, Pernod Ricard S.A. (OTC:PRNDY). Sazerac has proposed a...

Constellation Brands, Inc. (NYSE:STZ) shares raced higher in Wednesday's extended trading after the company released its fourth-quarter earnings report and a disappointing fiscal 2027 outlook.   STZ stock is moving. Watch the price action here. The Details: Constellation Brands, home of...

A mega-merger is brewing in the spirits world—but this isn't about strength. It's about pressure. When two global liquor giants start talking about combining in an all-stock deal, the signal isn't growth—it's a shift in the cycle. Pernod Ricard S.A.‘s (OTC:PRNDY) talks with Brown-Forman Inc...

Alcohol beverage company Diageo Plc (NYSE:DEO) shares are tumbling on Wednesday after it released worse-than-expected H1 FY26 results and provided weak FY26 guidance. • Diageo shares are retreating from recent levels. What’s weighing on DEO shares? Earnings Snapshot The...

Viewers of Super Bowl LX may see Super Bowl commercials from artificial intelligence companies and products similar to last year's NFL championship. This year's big game will also feature the first Super Bowl commercial made primarily using AI. • Comcast shares are powering higher. What...

Constellation Brands, Inc. (NYSE:STZ) shares climbed in Wednesday's extended trading after the company released its third quarter earnings report, beating estimates on the top and bottom lines. Here's a look at the key figures from the quarter.  STZ stock is moving. Watch the price action...

Just as the holidays roll around — peak season for whiskey pours and gift boxes — one of America's most iconic bourbon brands is easing off the gas. Jim Beam says it will temporarily pause production at its main Kentucky distillery starting Jan. 1, a move that says less about celebration and more...

Constellation Brands Inc (NYSE:STZ) reported financial results for the second quarter of fiscal 2026 after the market close on Monday. Here’s a rundown of the report. Follow STZ stock here. Q2 Highlights: Constellation Brands reported second-quarter revenue of $2.48 billion, beating analyst...

If you thought "Canada Dry" was just a soft drink, U.S. alcohol producers are discovering it's also a way to describe a Canadian market suddenly devoid of American booze. In the first half of 2025, U.S. alcohol exports to Canada plummeted by more than 60%, wiping American spirits and wines from...

Bill Gates and Elon Musk are two of the richest men in the world and at times enemies who don't agree on much. When it comes to thoughts on drinking, the two may have more in common than they know. What Happened: A social media thread in 2023 by entrepreneur and investor Marc Andreessen ...