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Wine Giant Giddy on Profits

Economy staggers, consumers drink more

By Peter Fearon,  Newser Staff

Posted Jul 3, 2008 2:43 AM CDT

(Newser) – The turbulent economy may be driving consumers to drink. While some might be crying in their beer, the world's biggest wine maker, Constellation Brands—whose labels include Robert Mondavi and Ravenswood—reported a huge 50% increase in profit the first quarter of 2008, reports the...   Read full story »

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