Category Archives: Finance

Splash Beverage Chairman to Ring NYSE Opening Bell Wednesday

Splash Beverage Group, Inc. said Robert Nistico, chairman/CEO along with the rest of the executive team and Board will ring the New York Stock Exchange Opening Bell  Wednesday, July 27. Nistico commented: “Splash Beverage Group listed its shares on the NYSE American … Continue reading

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With Fed’s 3/4-Point Rate Hike, Bev/Al Stocks Turn Upward

Just one stock — Constellation Brands — that we follow showed a dip in Wednesday’s stock trading.  All other stocks posted gains ranging from 1% for Campari Group to 10.27% of Eastside Distilling.  That sharp gain for Eastside brought the stock … Continue reading

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Some Bev/Al Stocks Recover a Bit, But Most Top Names Don’t

The stock market closed Tuesday down about 0.5% as measured by the Dow Jones Industrial Average of 30 blue-chip stocks.  But unlike Monday’s blood-bath, eight of the 17 stocks we follow gained ground.  Among those gaining ground, Constellation Brands (up 0.64%) … Continue reading

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Hella Cocktail Gets $5 Million Funding from Uncle Nearest

 Hella Cocktail Co., a brand of botanically inspired mixers and beverages crafted to elevate cocktail culture for everyone, said  Uncle Nearest Premium Whiskey, the fastest-growing American whiskey brand in U.S. history, made a $5 million investment. Hella Cocktail Co. was … Continue reading

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Lost Lantern Spirits Completes Fundraising Round

Lost Lantern Spirits said its $1 million seed financing round was oversubscribed.  Backers inlcude FreshTracks Capital, Vermont Seed Capital Fund, Dudley Fund and Burlington Telecom Innovation Fund as well as a group of independent angel investors.  Proceeds will be used to expand … Continue reading

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CBrands Prices $1.85 Billion Senior Notes Offering

Constellation Brands, Inc. said it priced the public offering of $1.85 billion aggregate principal amount of Senior Notes, consisting of (i) $550.0 million of 3.60% Senior Notes due 2024 (the “2024 notes”) for a public offering price of 99.941% of … Continue reading

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