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SEP 30, 2013 - Investors Business Daily

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Can Corona, Negra Modelo Lift Constellation's Profit?

Will Constellation Brands' (STZ) acquisition of Grupo Modelo's U.S. beer help it turn around two quarters of lower earnings when it reports Thursday before the open? That's what analysts expect from the wine and spirits company, which wrapped up its first quarter with Corona Extra and Negra Modelo in its beer lineup. Its $4.75 billion purchase, completed in June, lifted the Victor, N.Y.-based company to the No. 3 spot among U.S. beer companies,

Tags: Can Corona, Negra Modelo Lift Constellation's Profit?,  Grupo Modelo Latest News