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February 2002
Wine Market News
Wine Market News Index The year-long wait has ended and the Diageo/Pernod-Ricard acquisition of Seagram's wine and spirits has been completed.December was an uplifting month for all three of our indices. The Dow advanced 2%, the Nasdaq went up 1.79%, and our wine industry index rose 3.5%. The month was better than the year, but at least our wine index lost less than the others in the year 2001. The Dow was down 6.85% and the Nasdaq down 20.45%, but our index of wine-related stocks dropped only 5...
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