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Constellation Brands tops Street 3Q forecasts

2016-01-07 23:28:32| Beverages - Topix.net

Shares of beer and wine maker Constellation Brands rose nearly 5 percent on Thursday after reporting fiscal third-quarter results that beat expectations and raised its earnings outlook for the year. The company also said it would build a new brewery in Mexicali, Mexico as demand for imported Mexican beer remains strong.

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