Latest news with #Chongqing
Forbes
a day ago
- Business
- Forbes
Can Constellation Brands Deliver In Its Next Earnings Report?
CHONGQING, CHINA - JUNE 27: In this photo illustration, the logo of Constellation Brands, Inc. is ... More displayed on a smartphone screen with a blurred version of the company's star-themed branding in the background on June 27, 2025 in Chongqing, China. (Photo illustration by) Constellation Brands Inc. (NYSE: STZ) —most recognized for Modelo Especial, Corona Extra, Pacifico, and Robert Mondavi—continues to be heavily focused on beer as it approaches its fiscal Q1 earnings report (February fiscal year) on Wednesday, July 2, 2025. Analysts anticipate an EPS of $3.33 along with $2.56 billion in revenue, which is a significant decrease from $4.80 and $2.66 billion a year prior—a 31% earnings decline and a 4% sales drop. Historically, STZ has decreased after earnings 60% of the time, with a typical one-day decrease of 3.3% and a maximum drop of 17%. In the fiscal year ending February 28, beer represented 84% of sales, equating to $8.5 billion. The beer segment enjoyed a 40% operating margin, which is double that of wine and spirits. The company's recent divestiture reflects its emphasis on premium products. Sales in the fourth quarter experienced a modest increase of 1% to $2.2 billion, but cost reductions contributed to a 6% boost in operating income. Management has also revised its medium-term revenue growth prediction to 2%–4%, down from 6%–8%. With more than 98% of sales generated in the U.S., emerging tariffs may pressure margins or reduce demand if price increases are required. Notably, the company boasts a current market capitalization of $30 billion. Revenue generated during the past twelve months was $10 billion, with operating profits amounting to $350 million and a net income of $-81 million. For traders focused on events, historical trends might provide an advantage, whether by preparing ahead of earnings or responding to post-release shifts. For those looking for upside with reduced volatility compared to individual stocks, the Trefis High Quality portfolio offers an alternative, having outperformed the S&P 500 with returns surpassing 91% since its launch. Separately, see – What's Happening With BBAI Stock? View earnings reaction history of all stocks. Historical Odds Of Positive Post-Earnings Return Insights on one-day (1D) post-earnings returns: Additional information regarding the observed 5-Day (5D) and 21-Day (21D) returns post earnings is summarized along with the statistics in the table below. STZ 1D, 5D, and 21D Post Earnings Return Correlation Between 1D, 5D, and 21D Historical Returns A relatively lower-risk strategy (though not effective if the correlation is weak) is to comprehend the correlation between short-term and medium-term returns following earnings, identify a pair that exhibits the highest correlation, and execute the appropriate trade. For instance, if 1D and 5D indicate the highest correlation, a trader can position themselves 'long' for the following 5 days if the 1D post-earnings return is positive. Below is correlation data derived from 5-year and 3-year (more recent) historical information. Please note that the correlation 1D_5D pertains to the relationship between 1D post-earnings returns and subsequent 5D returns. STZ Correlation Between 1D, 5D and 21D Historical Returns Discover more about Trefis RV strategy that has outperformed its all-cap stocks benchmark (a combination of all 3, the S&P 500, S&P mid-cap, and Russell 2000), providing strong returns for investors.
South China Morning Post
a day ago
- General
- South China Morning Post
China hotel uses red panda for morning calls, triggers safety concerns, service suspension
A five-star hotel in China has sparked controversy by using a red panda for morning calls, prompting an investigation and suspension of the service by authorities. Advertisement The establishment, Lehe Ledu Liangjiang Hotel, located in southwestern China's Chongqing municipality, raised public concerns after several guests shared videos of their morning calls delivered by an adorable red panda. In the footage, the animal climbs onto beds and desks in hotel rooms, where guests are invited to pet and feed it. In the footage, the animal playfully climbs onto beds and desks in hotel rooms, where guests are encouraged to pet and feed it. Photo: Douyin Opened in 2010, the hotel is part of a tourist resort that includes a wildlife park and features over 100 rooms. Its service offerings include 'getting close to animals'. The rooms that feature the red panda morning calls are priced between 2,000 and 3,000 yuan (US$280 to US$420) per night, and they remain especially popular among families with children. The hotel employs four red panda 'staff members', including an adult red panda, about two years old, that provides the morning call service. The hotel has four red panda 'staff members', including an adult red panda, around two years old, that provided the morning call service. Photo: Douyin Guests typically have a few minutes to interact with the red panda, depending on its mood, with a caretaker present for safety reasons.
Globe and Mail
2 days ago
- Business
- Globe and Mail
Photos of the busy ports on the Yangtze River after China-US trade friction cools
CHONGQING, China (AP) — Activity at Chinese ports has rebounded since U.S. President Donald Trump and China's leader Xi Jinping agreed to resume trade talks and put off imposing massive tariffs on each other's exports. That's true, also, of inland ports along China's mighty Yangtze River. The Chongqing International Logistics Hub Park, more than 1,000 kilometers (620 miles) from the nearest sea port, serves as a critical element of a land-sea trading corridor and part of China's vast Belt and Road Initiative connecting with countries across Europe, Africa and Asia. About 20 trains leave every day, some for Russia and others toward Europe via Central Asia. Top exports include electronics, machinery and electric vehicles, including sedans assembled at Avatr Technology's factory in Chongqing, long a major river port and industrial center. Imports include auto parts, luxury goods and medical equipment. Some 900 kilometers (560 miles) downriver from Chongqing, the Yangluo port is another major distribution center connecting China's eastern seaboard with its vast inland regions. In 2024, it handled 2 million TEUs (Twenty-foot Equivalent Units), but in April activity nearly stopped as trade was disrupted by the tariffs as Trump escalated his trade war. It resumed from mid-May, after the China and the U.S. agreed to step back and talk rather than to escalate trade tensions further.
Al Arabiya
2 days ago
- Automotive
- Al Arabiya
Photos of the Busy Ports on the Yangtze River After China-US Trade Friction Cools
Activity at Chinese ports has rebounded since US President Donald Trump and China's leader Xi Jinping agreed to resume trade talks and put off imposing massive tariffs on each other's exports. That's true also of inland ports along China's mighty Yangtze River. The Chongqing International Logistics Hub Park, more than 1,000 kilometers (620 miles) from the nearest sea port, serves as a critical element of a land–sea trading corridor and part of China's vast Belt and Road Initiative connecting with countries across Europe, Africa, and Asia. About 20 trains leave every day, some for Russia and others toward Europe via Central Asia. Top exports include electronics, machinery, and electric vehicles, including sedans assembled at Avatr Technology's factory in Chongqing, long a major river port and industrial center. Imports include auto parts, luxury goods, and medical equipment. Some 900 kilometers (560 miles) downriver from Chongqing, the Yangluo port is another major distribution center connecting China's eastern seaboard with its vast inland regions. In 2024 it handled 2 million TEUs (Twenty-foot Equivalent Units), but in April activity nearly stopped as trade was disrupted by the tariffs as Trump escalated his trade war. It resumed from mid-May after China and the US agreed to step back and talk rather than to escalate trade tensions further.
The Independent
2 days ago
- Business
- The Independent
Photos of the busy ports on the Yangtze River after China-US trade friction cools
Activity at Chinese ports has rebounded since U.S. President Donald Trump and China's leader Xi Jinping agreed to resume trade talks and put off imposing massive tariffs on each other's exports. That's true, also, of inland ports along China's mighty Yangtze River. The Chongqing International Logistics Hub Park, more than 1,000 kilometers (620 miles) from the nearest sea port, serves as a critical element of a land-sea trading corridor and part of China's vast Belt and Road Initiative connecting with countries across Europe, Africa and Asia. About 20 trains leave every day, some for Russia and others toward Europe via Central Asia. Top exports include electronics, machinery and electric vehicles, including sedans assembled at Avatr Technology's factory in Chongqing, long a major river port and industrial center. Imports include auto parts, luxury goods and medical equipment. Some 900 kilometers (560 miles) downriver from Chongqing, the Yangluo port is another major distribution center connecting China's eastern seaboard with its vast inland regions. In 2024, it handled 2 million TEUs (Twenty-foot Equivalent Units), but in April activity nearly stopped as trade was disrupted by the tariffs as Trump escalated his trade war. It resumed from mid-May, after the China and the U.S. agreed to step back and talk rather than to escalate trade tensions further. ___ This is a photo gallery curated by AP photo editors.
