Hedge fund manager William Ackman sold 7.3 million shares in Beam Inc (NYSE:BEAM) this week, according to a regulatory filing on Friday, trimming his holdings three weeks after the share price spiked on news of a planned takeover by Japanese whiskey maker Suntory Beverage & Food Ltd. BEAM Inc (NYSE:BEAM) stock opened at $83.30 in last session, and closed at $83.30, while the day range of BEAM stock is $83.29 – $83.42. The stock showed a negative weekly performance of -0.18%.
Constellation Brands Inc (NYSE:STZ) was downgraded by HSBC from a “neutral” rating to an “underweight” rating in a research note issued on Friday. Constellation Brands, Inc. (NYSE:STZ) stock opened at $76.04, in last session and closed at $76.67, by losing -1.19%. The 52 week range of STZ is $30.41 – $81.56. Company’s market capitalization is $14.57billion.
Reuters Market Eye – United Spirits Ltd shares rise 3.7 percentafter Relay B.V., an indirect wholly owned subsidiary of DiageoPlc (ADR) (NYSE:DEO) , increased its stake in the company to 28.77 percent from 26.37 percent on Friday, exchange data showed. Diageo plc (ADR) (NYSE:DEO) stock decreased -0.36% and finished the last session at $120.05. The EPS of the stock remained 6.50. Company’s market capitalization is $75.35billion.
The board of directors of Castle Brands Inc. (NYSEMKT:ROX), a Florida corporation (the “Company”), has set March 5, 2014 as the date of the Company’s 2013 annual meeting of shareholders (the “2013 Annual Meeting”). Castle Brands Inc (NYSEMKT:ROX) stock opened the session at $0.82, and closed the session at $0.779. The 52 week range of the ROX stock remained $0.25 – $1.10 and the day range was $0.77 – $0.82.