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Category Archives: Investing
CBrands Top Stock Pick for Credit Suisse. Here’s Why
That recommendation will hold through year-end, Credit Suisse says, citing Constellation Brands‘ “healthy depletions, minimal seltzer exposue and margin upside” along with expected improving supply and “steady on-premise performance.” It’s an example of how staying focused on the fundamentals, and not … Continue reading
Posted in Investing
Tagged Consstellation Brands
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Law Firm Readies Class Action Suit Against Boston Beer
Pomerantz LLP, a New York law firm that pioneered securities class actions, said it is “investigating” whether “Boston Beer and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.” Pomerantz invited investors to … Continue reading
Posted in Investing, Litigation
Tagged Boston Beer, class action, Pomerantz
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SoBe Founders Invest in ‘Merican Mule RTD Canned Cocktails
The Bishop Family, founders of SoBe Beverages and the Blue Buffalo line of pet food, made a major investment in ‘Merican Mule, one of the fastest growing Ready to Drink canned cocktail brands. “While there are many Ready To Drink cocktail products … Continue reading
Posted in Investing
Tagged 'Merican Mule, Bishop Family, SoBe
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Mission Brewery Sells Stock to Fans
It’s seeking to raise $1 million from the public through the crowdfunding site Wefunder.
Posted in Brewery News, Investing
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Brown-Forman to Invest $45 Million in Barrel Making
The investment will modernize the Brown-Forman Cooperage, reduce operating costs, improve efficiency and allow continued production of high-quality barrels in Louisville. Some 70 hourly positions, mostly in the Heading and Staving Departments, will be eliminated. The Cooperage will continue to … Continue reading
Posted in Distillery News, Investing, Spirits
Tagged Alex Alvarez
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Rebecca Creek Distillery Raises $15 Million Capital
Investors led by Dr. Henning Kreke, board chairman of Düsseldorf–based beauty retailer Douglas GmbH and a graduate of the University of Texas, acquired a minority stake in the San Antonio, Tex., distillery. The investment provides Rebecca Creek Distillery with $15 … Continue reading
Posted in Distillery, Investing
Tagged Henning Kreke, John Morrow, Matt Appleby, Seth Richardson, Steve Ison
Comments Off on Rebecca Creek Distillery Raises $15 Million Capital