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Constellation Brands raises profit forecast for second time
date:Jan 11, 2013
e $1.85 billion deal would give Constellation full control of the U.S. distribution of Corona Extra, the best-selling imported beer in the country.

The company said it still expects to close the deal in the first quarter of 2013.

Net income rose to $110 million, or 58 cents per share, from $105 million, or 52 cents per share, a year earlier.

Excluding one-time items, it earned 63 cents per share, beating Wall Street expectations of 55 cents.

The company said a lower-than-expected tax rate du

12/24 23:50