Suntory Holdings Ltd.’s recent deal to buy Beam Inc. (NYSE:BEAM) of the United States is the latest indication that once reputedly risk-averse Japanese firms are becoming more aggressive in expanding overseas operations through mergers and acquisitions (M&As). BEAM Inc (NYSE:BEAM) stock opened at $83.30 in last session, and closed at $83.28, while the day range of BEAM stock is $83.24 – $83.35. The stock showed a positive weekly performance of 0.06%.
Constellation Brands Inc (NYSE:STZ) VP F Paul Hetterich sold 156,650 shares of the company’s stock on the open market in a transaction that occurred. Constellation Brands, Inc. (NYSE:STZ) stock opened at $79.64, in last session and closed at $79.37, by losing -0.09%. The 52 week range of STZ is $41.13 – $81.56. Company’s market capitalization is $15.09billion.
Leading brewer Diageo plc (ADR) (NYSE:DEO) has launched Orphan Barrel Whiskey Distilling Company to tap into the growing base of whiskey lovers. The company, headquartered in Tullahoma, TN, is committed to source rare and old whiskeys from distilleries around the world. Diageo plc (ADR) (NYSE:DEO) stock advanced 1.60% and finished the last session at $124.07. The EPS of the stock remained 7.05. Company’s market capitalization is $77.87billion.
Castle Brands Inc (NYSEMKT:ROX) is employing interactive digital peel-off and scratch-off puzzle ads and other interactive ad formats to drive participation in an “Irish to the Core” photo contest for its five Irish spirits brands. Castle Brands Inc (NYSEMKT:ROX) stock opened the session at $0.77, and closed the session at $0.780. The 52 week range of the ROX stock remained $0.25 – $1.10 and the day range was $0.77 – $0.78.