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Zacks Investment Research Downgrades Brown-Forman Co. (BF.B) to Sell

2015-12-01 08:45:55| Food - Topix.net

According to Zacks, "Brown-Forman reported robust first-quarter fiscal 2016 earnings driven by the company's strong portfolio of premium American whiskey brands, its Jack Daniel's trademark and a balanced geographic approach. However, the company's results were significantly impacted by unfavorable foreign currency translations, which led sales to fall year over year.

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