COSENTINO: CRIPPLING MANAGEMENT ISSUES BACK ON TRACK

Napa-based Cosentino Signature Wines saw sales rise 62% to $5.3 million in the six months to June 30 thanks to a surge in wine club membership, the company said. Shares rose 50% yesterday (September 26) as a result.As you’ll recall, the company struggled with debt last fall, which ceo Larry Soldinger blamed on a lack of proper management. Splits over the future of the company were worsened when the bottling of Cosentino was delayed last fall, leading to supply problems.“The