Research And Markets Research And Markets

Risk-to-Price Commentary: Constellation Brands Inc. Sep 10

  • ID: 2042577
  • September 2010
  • Standard & Poors
1 of 3


  • Altria Group Inc.
  • Campbell Soup Co.
  • Constellation Brands Inc.
  • Kraft Heinz Foods Company
  • PepsiAmericas Inc.
  • The Coca-Cola Co.
  • MORE

U.S. equity markets have been less volatile and on a more solid footing this month as U.S. economic figures since the end of August, on average, are beating market expectations. The S&P 500 Index increased 8.5% since Aug. 30, 2010, while the VIX, measuring S&P 500 index volatility, fell 5.42 percentage points to 21.79% from 27.21%. The Federal Open Market Committee (FOMC) meets today, and despite the more positive overall tone in financial markets, some investors still anticipate that the Fed may, at some point, have to officially table the topic of additional quantitative easing measures. In this context of cross-currents and continued uncertainty, traditionally defensive sectors such as consumer staples, less subject to cyclical swings, may still provide interesting...

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.

Research Type: Commentary
Criteria articles describe the thought process and methodology Standard & Poor's analysts use in determining ratings. These commentary pieces discuss both the quantitative (economic and financial) and qualitative (business analysis and caliber of management) aspects of the analysis, as well as legal issues.

Note: Product cover images may vary from those shown
2 of 3

- Archer Daniels Midland Co.
- Campbell Soup Co.
- The Coca-Cola Co.
- ConAgra Foods Inc.
- Kraft Heinz Foods Company
- The Hershey Co.
- McCormick & Co. Inc.
- Nabisco Inc.
- PepsiCo Inc.
- RJ Reynolds Tobacco Holdings Inc.
- Brown-Forman Corp.
- Altria Group Inc.
- Constellation Brands Inc.
- UST Inc.
- Del Monte Corp. (Old)
- PepsiAmericas Inc.
- Coca-Cola Amatil Ltd.
- Tyson Foods Inc.
- Bottling Group LLC
- The Pepsi Bottling Group Inc.
- Ingredion Inc.
- Mondelez International Inc.
- Vector Group Ltd.
- Reynolds American Inc.
- Dr Pepper Snapple Group Inc.
- Mead Johnson Nutrition Co.

Note: Product cover images may vary from those shown
3 of 3
Note: Product cover images may vary from those shown