(Reuters) - In company news, wine and spirits company Constellation
Brands Inc. said quarterly profit fell sharply, hurt by
a plan to cut the amount of wine it ships to U.S. distributors
and lower results from its British business.
The Fed's benchmark fed funds target rate is forecast to
remain steady at 5.25 percent, but investors will scrutinize
the accompanying statement for any signal that the Fed is
preparing Wall Street for a shift in monetary policy.
Read more at Reuters.com Bonds News
Brands Inc. said quarterly profit fell sharply, hurt by
a plan to cut the amount of wine it ships to U.S. distributors
and lower results from its British business.
The Fed's benchmark fed funds target rate is forecast to
remain steady at 5.25 percent, but investors will scrutinize
the accompanying statement for any signal that the Fed is
preparing Wall Street for a shift in monetary policy.
Read more at Reuters.com Bonds News
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