Constellation Brands, U.S. maker of Modelo and Corona, withdraws 2028 guidance due to uncertainty
Constellation Brands withdrew its previously issued fiscal 2028 outlook on Wednesday and reported "subdued" demand across its categories.
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Constellation Brands withdrew its previously issued fiscal 2028 outlook on Wednesday and reported "subdued" demand across its categories.
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Despite US-Iran ceasefire deal fewer tankers passed the crucial waterway than during fiercest days of fighting
Despite US-Iran ceasefire deal fewer tankers passed the crucial waterway than during fiercest days of fighting
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Constellation Brands withdrew its previously issued fiscal 2028 outlook on Wednesday and reported "subdued" demand across its categories.
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Oil prices posted their biggest one-day percentage decline in almost six years on Wednesday after the U.S. and Iran agreed to a two-week cease-fire.
Bombardment prompted Iran to halt passage of oil tankers through Strait of Hormuz
The memory trade had been coming undone in recent weeks, but it now looks to be back on in a big way following the announcement of a two-week cease-fire agreement with Iran.
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