News Headline Summary

Following the news that US sues to block InBev purchase of Grupo Modelo, Constellation Brands (STZ) shares fell over 10% before being halted by a circuit breaker

Update details:

- Constellation Brands and Grupo Modelo have a joint venture to import beer from Mexico into the US, and hence this news is also negative for Constellation.

Print 15:28, 31 Jan 2013 - US Equities - Source: RANsquawk