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Wine Business Stock News

May 2003 Issue of Wine Business Monthly
During March, Southcorp tapped industry outsider John Ballard for CEO. Insurance and wine juggernaut AXA chose Han-Peter Gerhardt as one of its scrum of CEOs. Brown-Forman repurchased more stock. Mondavi cut its earnings forecast, and about 90 jobs. The Australian court gave its nod to Constellation's pending takeover of BRL Hardy. Hardy ceased trading shares on the ASX on March 28. Chalone released its 2002 results on March 10, Fortune Brands did so on March 12. Geerlings and Wade released its ...
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