Despite wine losses, Foster&#39;s net rises
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SYDNEY Foster&#39;s Group, Australia&#39;s biggest maker of beer and wine, said Tuesday that full-year earnings rose 73 percent after the company sold its pubs unit.
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The beer, wine and spirits company posted a quarterly profit far above Wall Street estimates, sending its shares up sharply.
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DeShaun Foster runs well when he&#39;s angry and he was angry Sunday. So were his Carolina Panthers teammates. On Monday night, the Panthers admit they stunk it up in a 24-14 home loss to the Packers.
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Online retailer Wine.com has secured another &#36;20 million in venture capital funding and could go public as soon as next year, Chief Executive Officer George Garrick said on Friday.
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When Michael Aaron learned that Wall Street investment banks were going to be shelling out record bonuses this holiday season, the savvy wine merchant uncorked his own plan to make serious dough.
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Wine and spirits company Brown-Forman Corp.   said on Thursday quarterly net profit rose, helped by an asset sale and strong sales of premium brands such as Jack Daniel's Tennessee Whiskey.
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Brown-Forman Corp., which sells products ranging from Jack Daniel&#39;s whiskey to Lenox china, posted a better-than-expected 67 percent jump in earnings Thursday as aggressive marketing boosted sales of premium spirits and new wines.
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Dominance of Australia&#39;s retail wine market, and the high margins on offer, is just one issue at the core of the battle for ALH.
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Fine wine isn't the only  thing that gets better with age.
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IRISH drinks firm C&amp;C today posted a six per cent rise in first-half profits. The owner of Bulmers cider in Ireland and Ballygowan mineral water said operating profit in the six months to August 31 rose 6.1
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French wine and spirits producer Remy Cointreau said it was on track for profit growth after strong sales.
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Constellation Brands, the wine and spirits company, said on Tuesday that third-quarter profit rose 11 percent, lifted by strong liquor sales, a growing wine business in North America and the acquisition of Svedka vodka.
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Wine and spirits company Brown-Forman   Corp. BFa.N BFb.N on Thursday reported a   higher-than-expected jump in quarterly profit, boosted by   strong sales of premium brands such as Jack Daniel's Tennessee   Whiskey.
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SUPREME COURT There&#39;s a big money case at the Supreme Court today and it could have a major impact on the regulation and sale of alcoholic beverages.
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BARDSTOWN, Kentucky  -- For nearly half a century, this small southern town was happy to pin its star on the memory of composer Stephen Foster but now it is selling itself on a greater attraction -- bourbon.
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I note that dairy farmers are expecting to get an extra $1.5 billion over the next year from Fonterra because of higher world prices for dairy products. Good for them.   But $1.5 billion spread over about 12,000 dairy farmers is unlikely to be saved.
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Fosterâs, Australiaâs largest beer and wine maker, has been trying to sell Lensworth, aiming to focus on its beverage business.