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Dividend.com: No Stars for Constellation
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Constellation Brands Drop on 2009 Outlook
Constellation Brands(STZ Quote) are down more than 6% today after the company said its third-quarter earnings fell to $83.5 million, or 38 cents a share, from $119.6 million, or 55 cents a share, in the year-earlier period.
The world's biggest winemaker said sales results were hurt by currency exchange rates as well as the impact of the economic downturn on its key markets. ...
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