Fortune Brands, Inc., (NYSE: FO), the consumer company behind leading brands including Jim Beam, Moen and Titleist, announced that its board of directors approved an 8% increase in the dividend on the company’s common stock. The dividend will increase 12 cents per share to an annual rate of $1.68 (payable $0.42 per quarter) from $1.56 per share ($0.39 per quarter). The next quarterly dividend is payable on September 4, 2007 to shareholders of record at the close of business August 15, 2007.
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Archive for the 'Company News' Category
Constellation Brands, Inc. (NYSE: STZ, ASX: CBR), a leading international producer and marketer of beverage alcohol, today announced its board of directors has named Robert S. (Rob) Sands, 49, chief executive officer effective July 26, 2007. Richard Sands, 56, will remain active in the company as chairman of the board.
Signature Wines, the premier provider of direct-to-consumer beverage programs in the US, announced it has expanded its personalized label product offerings beyond wine to include bottled spring water and both large and small format champagne, thus officially changing its name to Signature Wines & Beverages.
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The Michael Mondavi family announced today the opening of the Folio Winemakers’ Studio located in the Los Carneros appellation of Napa Valley.
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Company to Sell Paso Robles Facility and Reorganize Northern California Wine Operations
Continue reading ‘Brown-Forman Continues Streamlining Wine Operations’
William A. Terlato, President and CEO of Terlato Wine Group, recently announced that Paterno Wines International has been renamed Terlato Wines International. The change affirms the Terlato family’s ongoing commitment to quality and pays tribute
to Anthony J. Terlato, the man who built the luxury wine marketing company.
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Fortune Brands, Inc. (NYSE:FO), a leading consumer brands company, today declared a regular dividend of 39 cents per share on the Common Stock, payable in cash on December 1, 2006, to stockholders of record at the close of business November 8,
2006.
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By mutual agreement, Cork Supply USA/Newpak and StaVin have ended a marketing agreement pertaining to Savour Oak™ products, returning all U.S. sales operations to StaVin. Cork Supply will, however, continue to sell the Savour Oak™ products in both Australia and South Africa.
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Omnia Wines, a key player in the South African wine industry and Ehrmanns, a UK distribution group, have announced a joint venture alliance in the United Kingdom, effective 3 April 2006.
Continue reading ‘Omina Wines and Ehrmanns create Joint Venture Alliance’
Brown-Forman Corporation (NYSE:BFB) announced today that its Board of Directors has elected Sandra Frazier, Martin S. Brown, Jr., and Geo. Garvin Brown IV to become directors of the company, effective May 8. All three are descendants of George Garvin Brown, who founded Brown-Forman in 1870, and they are the first members of the family’s fifth generation to join the company’s board. The Brown family controls a majority of the voting stock of the company.
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According to recent reports from Information Resources, Inc. (IRI), Constellation’s wine and beer brands are ranked among the top performers for 2005. Constellation Brands has five top performing brands in each of the “Table Wine Top 30 Brand Performers” and the “Table Wine Top 10 New Brands” rankings, plus six beer brands in the “Top 30 Beer Brand Performers.” These reports highlight both new products introduced in 2005, and existing brands that are both trendsetters and sales leaders.
Continue reading ‘IRI Reports for 2005 Cite Top Performing Brands in Constellation Portfolio’
New Name and Logo Reflect Company’s Evolution and Stature as a Premium Wine Industry Leader
Canandaigua Wine Company have announced it is changing its name to Centerra Wine Company. The new name and logo reflect the company’s transformation in recent years to a broad-based company that is the leader in U.S. premium and super-premium wines. The Centerra Wine Company portfolio consists of leading, nationally distributed brands, including many of the most highly sought-after wines available on- and offpremise.
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The presentation by Brown-Forman Corporation President and CEO Paul Varga will begin at approximately 1:40 p.m. ET on Thursday, March 16, 2006. To access the Web cast, go to www.brown-forman.com, click on “Investors Information,” and then click on “Presentations.” It is recommended that listeners log on 10 minutes prior to the start of the presentation.
Continue reading ‘Brown-Forman Corporation (NYSE:BFB) will present at the Banc of America Securities Consumer Conference on March 16, 2006, in New York City.’
Company Also Taps Southern Wine & Spirits in Arizona
Pernod Ricard USA has named Republic Beverage Company, one of the largest wholesalers of premium spirits and wines in the United States, to distribute Pernod Ricard’s full line of spirits and wine brands in Texas and Louisiana, effective March 1, 2006. Republic also was reconfirmed as Pernod Ricard’s vendor of record in Oklahoma, and as its exclusive broker in Alabama and Mississippi.
Continue reading ‘Pernod Ricard USA appoints Republic Beverage Co. as its Distributor/Broker in 5 Markets’
A better reflection of company ethos…
Omnia Wines has elected to employ a change of name to better reflect its business ethos; and to this effect will shortly be known as ‘the company of wine people™’.
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