CEFs, Dividend Investing, REITs
Contributor Since 2007
04.07.13
Put on a synthetic long: short April $47.50 puts and long April $50 calls. Should be working on Monday: $STZ shares at over $49.3 after hours on 04.05.13.
Department of Justice gave, per WSJ 04.05.13 evening, approval of the Constellation Brands acceptance of marketing/distribution of Corona/Modelo in the U.S.
BUD takes commanding lead, however, in the beer market. This is great news for $STZ shareholders. Corona is a growing brand in the growing Hispanic U.S. population.
Todd
Disclosure: I am long STZ, BUD.
Additional disclosure: synthetic longs in STZ