The Business First of Louisville (Free subscription) | 29/09/2008
Brown-Forman Corp. has declared a stock split on its Class A and Class B common stock, payable in shares of Class B common stock. (BFB)
Avenue Vine (Free subscription) | 25/09/2008
Brown-Forman has been commended by the Carbon Disclosure Project ( CDP ), which represents 385 institutional investors with $57 trillion in assets under management, for its approach to climate change disclosure. This year marks the first time Brown-Forman has been included in CDP’s “ Carbon Disclosure Leadership Index .” This index highlights the constituent companies within the S&P 500 Index which...
The Business First of Louisville (Free subscription) | 25/09/2008
John D. Cook, director emeritus of management consulting firm McKinsey & Co., has been elected to the Brown-Forman Corp. board of directors. (BFB)
Business Wire (Free subscription) | 25/09/2008
LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE: BFA) (NYSE: BFB) announced that John D. Cook has been elected to the company’s Board of
Business Wire (Free subscription) | 23/09/2008
LOUISVILLE, Ky.--(BUSINESS WIRE)--
The Mex Files (Free subscription) | 08/09/2008
(Conde Nast Portfolio.com) A lot of dead cacti in Mexico are causing a headache for the maker of Southern Comfort and Jack Daniels. The liquor company Brown-Forman said today that quarterly earnings fell 7.5 percent after the cost of dead or dying agave, the blue cactus-like plants that are the main raw material for tequila, erased $16 [...]
Avenue Vine (Free subscription) | 05/09/2008
Brown-Forman experienced the same changing trends as other spirits companies in the recent period, namely a worsening economy and shift to the off-trade, but one thing was notably different: agave. A combination of bad weather and questionable farming practices left Brown-Forman short on the agave fruit that is vital in producing tequila in the first quarter. CFO Don Berg said the company understood...
The Business First of Louisville (Free subscription) | 03/09/2008
To mark the start of the football season, wine and spirits maker Brown-Forman Corp. has donated $100,000 to Tailgaters Urging Responsibility & Fun, an alcohol education program designed to remind football fans to consume alcoholic beverages responsibly. (BFB)
SeekingAlpha Retail Stocks (Free subscription) | 01/09/2008
FP Trading Desk submits: When the makers of Jack Daniels whiskey bought Casa Herradura for $875-million two years ago, the company got a 136-year-old brand and one of Mexico’s finest tequila makers at a time when prices were soaring as an agave plant shortage threatened supply. But Brown-Forman Corp. (BF.A) is learning that farming is not as easy as distilling and shareholders of the Louisville, Kentucky...
Business Spectator (Free subscription) | 28/08/2008
US distiller hurt by lower sales of its Jack Daniel's Tennessee whiskey. 29 Aug 2008 6:55 AM
SeekingAlpha Retail Stocks (Free subscription) | 28/08/2008
Brown-Forman Corporation (BF.B) F1Q09 (Qtr End 07/31/08) Earnings Call Transcript Complete Story »
Forbes (Free subscription) | 28/08/2008
The alcoholic drinks maker was hurt by a $22 million charge related to its agave plants.
Forbes (Free subscription) | 28/08/2008
The liquor maker was hurt by a $22 million charge related to its agave plants.
Stocks to Watch Today (Free subscription) | 28/08/2008
TEQUILA OPERATIONS TRIP BROWN-FORMAN Farming, it turns out, isn’t a foolproof business. At least, that is, if you’re inexperienced at it. And it turned out that Brown-Forman (BFB) proved more Oliver Douglas from ”Green Acres” than Bick Benedict from ”Giant.” The distillery concern recorded disappointing fiscal first-quarter results that included a [...]
MarketBeat (Free subscription) | 28/08/2008
It’s news like this that makes an investor want to go out and have a drink. Former Van Halen bassist Michael Anthony’s bass was not made of agave plants. Shares of Brown-Forman Corp. are staggering, losing 6.5% after the distiller said a quarterly charge related to raw materials needed to [...]
