+ For weeks now numerous papers have been reporting about how it is a proven fact that red wine saves lives. The reports aren't spurring action in Constellation Brands (STZ) who is the worlds largest wine producer. Investors are being given a gift with STZ and although analysts are painting a bleak picture for this stock. The wine makers are not able to advertise the benefits of what they sell. STZ floats under the radar but they should blow out numbers. It is a good stock to own and should make you a lot more money and Jim said that red wine is basically a "vitamin."
- NEW YORK, Oct 25 (Reuters) - Wine, beer and spirits company Constellation Brands Inc. on Wednesday said Chief Financial Officer Tom Summer would retire in May. Summer, who has been CFO since 1997, said he was "looking forward to exploring a variety of new challenges and spending more time with my family." He agreed to stay on until May to help the company complete its annual report and to provide an orderly transition to his successor.
The company said it hired an executive search firm to find a replacement.
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