Constellation Brands CEO: Q4 results capped off a 'great year'

Constellation Brands News

Constellation Brands CEO: Q4 results capped off a 'great year'
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Constellation Brands (STZ) reported fourth quarter results that exceeded analyst expectations on both profit and sales. CEO of Constellation Brands Bill...

Investors are watching for the giant banks to demonstrate how they benefit if interest rates remain higher than expected this yearreported fourth quarter results that exceeded analyst expectations on both profit and sales. CEO of Constellation Brands Bill Newlands joins The Morning Brief to discuss the performance.

Newlands credits the company's"great brand loyalty" and"approach to pricing" for its ability to maintain consistent sales, even as consumers have become more cautious about spending. He believes Constellation Brands has"a lot going in their favor," with plans to extend product lines across its brands and update existing offerings.

Get Rich Quick Former president Donald Trump's "Truth Social" bid is continuing its decline. Shares of Trump Media & Technology Group , which owns the far-right social media platform, have slid almost 30 percent over the last five days, wiping out even more of Trump's personal stake.

A brazen cyber-heist of $14.2 million has sparked a bizarre court battle between one of Canada's largest banks and one of the country's biggest cryptocurrency services business.Nearly three months after hackers wired millions out of Canadian Western Bank's accounts payable system, a B.C. Supreme Court judge unfroze accounts this week belonging to Aquanow — the Vancouver-based digital platform the thieves used to convert the money into Bitcoin.

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