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Wine Business Stock News

Jul 2003 Issue of Wine Business Monthly
During May, Southcorp revised its earnings forecast downward and promptly received a thrashing from the markets. As usual the market appears to have overreacted as Southcorp shares saw a slight bounce at the end of the month despite receiving ratings cuts from several analysts. Constellation extended the Arbor Mist line of products with "Blenders" but it's hard to imagine how a beverage that tastes so vile could give any stock the almost 3% boost that Constellation saw during May. More likely, C...
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