The
With Greek finance minister Euclid Tsakalotos having warned late this May that there are “no excuses” for the nation not to receive the next instalment of its multi-billion-dollar bailout, some might be wondering if the medicine being doled out might be a step too far. But should Greece be released entirely from its debt to reboot the economy? One might even dub that a ‘Grelease’.
Mr Tsakalotos, the Oxford University-educated economist who was born in Rotterdam in the Netherlands, stated in recent days that the Greek government had “done its part”, adding “the ball is very much on the side of our creditors and the International Monetary Fund (IMF).” This came after discussions the previous week broke down between Eurozone finance ministers seeking unlock Greece’s next set of loans.
The left-wing minister and antithesis of his predecessor Yanis Varoufakis, said a deal at the next meeting this June was now an urgent matter. He was quoted by the BBC as saying: “There are no excuses for not getting this overall deal that the Greek economy so desperately needs in its efforts to access the markets.”
Best Dividend Stocks To Invest In 2021: Constellation Brands Inc(STZ)
Constellation Brands, Inc., incorporated on December 4, 1972, is an international beverage alcohol company. The Company is a producer and marketer of beer and wine the United States and Canada. The Company’s segments include Beer, Wine and Spirits, and Corporate Operations and Other. The Company’s wine portfolio is complemented by select spirits brands and other select beverage alcohol products. It is a multi-category supplier (beer, wine and spirits) of beverage alcohol in the United States.
The Company owns principal facilities, including the Nava Brewery in Nava, Coahuila, Mexico; the glass production plant in Nava, Coahuila, Mexico; wineries in California, which include the Woodbridge Winery in Acampo and the Mission Bell winery in Madera; the Canandaigua winery in Canandaigua, New York, and the distillery in Lethbridge, Alberta, Canada. It operates over four facilities in the San Diego, California area that produce its Ballast Point brand, including Miramar, which serves as the primary production site for the brand. In the United States, the Company operates over 20 wineries using varieties of grapes grown in the Napa, Sonoma, Monterey and San Joaquin regions of California. It also operates approximately eight wineries in Canada, over four wineries in New Zealand and approximately five wineries in Italy. The Company’s Canadian whisky requirements are produced and aged at its Canadian distillery in Lethbridge, Alberta.
Beer
The Company sells a number of brands in the import and craft beer categories. Within the imported beer category, the Company has rights to import, market and sell its Mexican Beer Brands in over 50 states of the United States, which include Corona Extra, Corona Light, Modelo Especial, Pacifico, Negra Modelo and Victoria. It also includes Modelo Especial Chelada, which is a blend of beer with flavors of tomato, salt and lime. Its craft beer products are primarily sold under the Ballast Point brand. Ballast Point produces over 40 different s! tyles of beer.
Wine and Spirits
The Company is a producer and marketer of wine. It sells a number of wine brands across various categories, including table wine, sparkling wine and dessert wine, and across all price points, such as popular, premium and luxury categories. The Company owns, leases or has interests in approximately 13,300 acres of vineyards in California (the United States), over 5,800 acres of vineyards in New Zealand, approximately 1,700 acres of vineyards in Canada and over 900 acres of vineyards in Italy.
The Company’s wine produced in the United States is primarily marketed domestically and in Canada. Wine produced in Canada is primarily marketed domestically. Wine produced in New Zealand and Italy is primarily marketed in the United States and Canada. In addition, the Company exports its wine products to other major world markets. Some of its wine and spirits brands sold in the United States include Arbor Mist, Black Box, Blackstone, Clos du Bois, Estancia, Franciscan Estate, Inniskillin, Kim Crawford, Mark West, Mount Veeder, Nobilo, Ravenswood, Rex Goliath, Robert Mondavi, Ruffino, Simi, Toasted Head, Wild Horse, Black Velvet Canadian Whisky and SVEDKA Vodka. In its spirits business, SVEDKA Vodka is imported from Sweden and is the imported vodka brand in the United States.
The Company competes with Anheuser-Busch InBev, MillerCoors, Heineken, Pabst Brewing Company, The Boston Beer Company, E&J Gallo Winery, The Wine Group, Trinchero Family Estates, Treasury Wine Estates, Ste. Michelle Wine Estates, Deutsch Family Wine & Spirits, Jackson Family Wines, Andrew Peller, Kruger Wines and Spirits, Diageo, Beam Suntory, Brown-Forman, Sazerac Company and Pernod Ricard.
Advisors’ Opinion:
- [By Motley Fool Transcribers]
Constellation Brands Inc (NYSE:STZ)Q42019 Earnings Conference CallApril 04, 2019, 10:30 a.m. ET
Contents:
Prepared Remarks Questions and Answers Call Participants
Prepared Remarks:Operator
- [By Garrett Baldwin]
The Trump administration is back under pressure with Democrats in the House. According to reports, House Democrats have asked the IRS to give them six years of the president’s personal tax returns and corporate returns. Massachusetts Rep. Richard Neal, the head of the leader of the House Ways and Means Committee, has made the first request for tax returns of a sitting U.S. president in 45 years. The IRS has reportedly not replied to Neal’s demand, which has a set deadline of April 10. The request is likely set to unleash a legal battle between Democrats and the White House through 2020. Investors must pay close attention to a more important development. Last Friday (March 29), H.R. 1595, better known as the Secure and Fair Enforcement (SAFE) Banking Act, passed the House Committee on Financial Services in a 45-15 vote. The bill will now head to the floor of the House of Representatives, where it is widely expected to pass. Turns out, everyone in Congress wants to be involved. The bill now has a staggering 152 cosponsors. You couldn’t even get 152 congressmen to agree on a bill that endorses sunshine. Now, investors are poised to make huge gains on this development. Money Morning Director of Cannabis Investing Research Greg Miller tells you how to profit today.
Stocks to Watch Today: STZ, TSLA, LYFT
Shares of Constellation Brands Inc. (NYSE: STZ) are on the move as investors digest the firm’s earnings report. The earnings report comes just as the company announced plans to sell roughly 30 wine brands to Gallo in a deal worth about $1.7 billion. Don’t expect analysts to spend too much time exploring the fine ink on that deal. Instead, expect a lot of focus on the firm’s recent shift into the cannabis business and questions about its profit growth.5G Revolution: This breakthrough technology is expected to unleash $12 TRILLION in new wealth… and one $6 stock could be better positioned than any other to skyrocket. Learn more.
- [By Todd Campbell]
Beer, wine, and spirits company Constellation Brands (NYSE:STZ) owns a 38% stake in Canopy Growth, and it estimates the global, legal market for marijuana could exceed $200 billion in 15 years. Recognizing that consumer products, including beverages, that use marijuana’s chemical cannabinoids, including CBD, as ingredients will represent a big portion of future sales, Aurora Cannabis’ decision to bring Nelson Peltz on as an advisor is wise.
Best Dividend Stocks To Invest In 2021: Maximus, Inc.(MMS)
MAXIMUS, Inc., incorporated on October 18, 2007, provides business process services (BPS) to government health and human services agencies. The Company operates through three segments: U.S. Federal Services, Health Services and Human Services. The Company provides Medicaid enrollment and the Children’s Health Insurance Program (CHIP) services in the United States. It is an operator of the United States health insurance exchange customer contact centers. It provides government-sponsored health benefit appeals and assessments in the United States and the United Kingdom. It provides occupational health services in the United Kingdom. It also provides disability and long-term sick support services in the United Kingdom. It provides welfare-to-work services throughout all of its geographies, including the United States, the United Kingdom, Australia, Canada, Saudi Arabia and New Zealand.
U.S. Federal Services
The U.S. Federal Services segment provides BPS and program management for large government programs, independent health review and appeals services for both the United States Federal Government, and state-based programs and technology solutions for civilian federal programs. In this segment, its government program administration services include centralized customer contact centers and support services; documents and records management, and case management, citizen engagement and consumer education. Its independent health review services include independent medical reviews and worker’s compensation benefit appeals; health benefit appeals, and eligibility appeals. Its technology solutions include modernization of systems and information technology (IT) infrastructure; infrastructure operations and support; software development, operations and management, and data analytics.
Health Services
The Health Services segment provides a range of BPS, as well as related consulting services, for state, provincial and national government programs. These programs ! include Medicaid, CHIP and the Affordable Care Act (ACA) in the United States; Health Insurance British Columbia in Canada, and the Health Assessment Advisory Service (HAAS) and Fit for Work Service in the United Kingdom. The segment’s services help people access, navigate and use health benefit and other government programs. The segment also helps governments to engage with program recipients. Its administrative and program operations services for government health benefits programs include health insurance exchange customer contact center operations and support services; health insurance program eligibility and enrollment services to help beneficiaries make the choice for their health insurance coverage, and beneficiary outreach and education, including multilingual customer contact centers and multi-channel self-service options, such as Web-based portals for enrollment.
The Health Services segment’s administrative and program operations services also include application assistance and independent health plan enrollment counseling to beneficiaries; premium payment processing and administration, such as invoicing and reconciliation; health plan oversight, and eHealth solutions with the Medigent product suite. The Company’s independent health review services include independent disability, long-term sick and other health assessments, and occupational health clinical assessments. It also provides specialized consulting services, including Medicaid Management Information System (MMIS) planning.
Human Services
The Human Services segment provides national, state and local human services agencies with a range of BPS and related consulting services for welfare-to-work, child support, higher education and K-12 special education programs. The segment’s services include welfare-to-work services to help disadvantaged individuals transition from government assistance programs to employment and economic independence, including eligibility determination, case management, job-re! adiness p! reparation, job search and employer outreach, job retention and career advancement, and selected educational and training services; specialized child support case management services, customer contact center operations, and program and systems consulting services, and management tools and professional consulting services for higher education institutions. Its services also include program consulting services, such as independent verification and validation, cost allocation plans and other specialized consulting offerings, and tax credit and employer services.
The Company competes with Xerox, HP, Automated Health Systems, Fanuel, Serco, General Dynamics Information Technology, FCi, IBM, Oracle, CSRA, Atos, Capita, Interserve, Virgin Care, Optum, Ingeus, Staffline, Shaw Trust, Sarina Russon, Advanced Placement Management, The Salvation Army and Goodwill Industries.
Advisors’ Opinion:
- [By Ethan Ryder]
Violich Capital Management Inc. purchased a new stake in MAXIMUS, Inc. (NYSE:MMS) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 3,280 shares of the health services provider’s stock, valued at approximately $204,000.
- [By Motley Fool Transcribers]
MAXIMUS, Inc.(NYSE:MMS)Q32018 Earnings Conference CallAug. 9, 2018,9:00 a.m. ET
Contents:
Prepared Remarks Questions and Answers Call Participants
Prepared Remarks:Operator
- [By Stephan Byrd]
Shares of MAXIMUS, Inc. (NYSE:MMS) have received an average recommendation of “Hold” from the six ratings firms that are covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell recommendation and three have issued a hold recommendation on the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $71.33.
- [By Stephan Byrd]
Get a free copy of the Zacks research report on Maximus (MMS)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Best Dividend Stocks To Invest In 2021: Forrester Research, Inc.(FORR)
Forrester Research, Inc. (“Forrester” or “the Company”) conducts independent research and provides pragmatic and forward-thinking advice to global leaders in business and technology. Forrester’s products and services are targeted to specific roles, including principally senior management, business strategists, and marketing and technology professionals at $1 billion-plus companies who collaborate with Forrester to align their technology investments with their business goals. Principles of Consolidation The accompanying consolidated financial statements include the accounts of Forrester and its wholly-owned subsidiaries. All intercompany balances have been eliminated in consolidation. Advisors’ Opinion:
- [By Stephan Byrd]
Get a free copy of the Zacks research report on Forrester Research (FORR)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Shane Hupp]
Forrester Research (NASDAQ:FORR) was downgraded by stock analysts at BidaskClub from a “buy” rating to a “hold” rating in a research note issued to investors on Tuesday.
- [By Stephan Byrd]
ValuEngine upgraded shares of Forrester Research (NASDAQ:FORR) from a hold rating to a buy rating in a research note issued to investors on Monday.
- [By Alexander Bird]
According to a report from Forrester Research Inc. (Nasdaq: FORR), online sales will account for 17% of all retail sales in the United States by 2022.