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Search resuls for: "Depletions"


3 mentions found


☆ As Constellation's shares fall on weak earnings, we see a buying opportunity
  + stars: | 2023-01-05 | by ( Zev Fima | ) www.cnbc.com   time to read: +6 min
Excluding equity losses from Constellation's stake in cannabis company Canopy , adjusted earnings came in at $3.01 per share. Company results Beer sales of $1.89 billion, up 8% year-over-year, were better than analysts' expectations of $1.82 billion. Meanwhile, wine-and-spirits front sales came in at $544.6 million, a decrease of 4% year-over-year and below analysts' expectations of $565 million. Assumed in this guidance are beer sales growth of 9% to 10% and operating income growth of 4% to 5%. Additionally, operating cash flow is still expected to come in between $2.6 billion and $2.8 billion.
☆ Column: Europe on course to end winter with plenty of gas: Kemp
  + stars: | 2022-11-28 | by ( John Kemp | Thomson Reuters | John Kemp Is A Senior Market Analyst Specializing In Oil | ) www.reuters.com   time to read: +4 min
LONDON, Nov 28 (Reuters) - Europe's gas inventories are on course to end the winter of 2022/23 at one of the highest levels on record - if prices stay high and provided pipeline deliveries from Russia continue. Exceptionally high prices, energy conservation, and warmer-than-normal temperatures since the middle of October have combined to cut consumption and attract large volumes of imported LNG. Depletions have ranged from as much as -712 TWh in the winter of 2018/19 to as little as -311 TWh in the winter of 2014/15. Related columns:- Europe's gas storage peaks after record refill season (Reuters, Nov. 18)- Europe's gas prices retreat as storage almost full (Reuters, Oct. 13)- Mission accomplished? Europe fills gas storage ahead of schedule (Reuters, Oct. 4)- Europe tops up gas stocks, but winter demand cuts essential (Reuters, Sept. 7)John Kemp is a Reuters market analyst.
☆ We're making a small buy in Friday's terrible market, adding high-quality on sale
  + stars: | 2022-09-23 | by ( Jeff Marks Jim Cramer | Jeff Marks | Jim Cramer | ) www.cnbc.com   time to read: +4 min
Following the selloff in the market Thursday, the Oscillator moved even further into oversold territory with a reading of minus 7.04%. CNBC's Zev Fima , portfolio analyst for the Investing Club, contributed to this report.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
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