STZ Brass Looks to the Next Phase for W&S

Dear Client: Constellation Brands chief Bill Newlands and cfo Garth Hankinson sat down with Bernstein analyst Nadine Sarwat yesterday afternoon during Bernstein's Strategic Decisions Conference, providing more insight into plans for revamping their wine and spirits business.  The last time Bill took the stage at this particular conference, he was asked whether or not they would consider selling their wine and spirits business, to which he answered: "There's no sacred cows in our business," pointing to the company's divestiture of