Houston's wine market loses $67 million as alcohol consumption drops to 90-year low [Yahoo! Finance]
First Citizens BancShares, Inc. - Class A (FCNCA)
US:NASDAQ Investor Relations:
firstcitizens.com/about/who-we-are/annual-report
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Source: Yahoo! Finance
Some of your favorite wine brands have plenty of bottles but not necessarily enough buyers, which has already cost the Houston economy around $70 million. Hundreds of bottles of wine are on the walls at Houston Wine Merchant. If you want one taken down Manager Antonio Gianola is around and he'll teach you what he knows. "The fill levels look different, but the bottles are all made by hand," Gianola tells us when explaining the fill lines in hand made bottles. Hundreds of bottles are delivered to the Montrose-area store, weekly. The orders reflecting current drinking trends. "From the small to large we're, we're all having to deal with the changes that are happening," Gianola said. Those changes are happening quickly. Silicon Valley Bank said in 2025 the wine market went down $1,300,000,000. "If we want to talk about Houston specifically it's a little more around 3.4% down," Texas Restaurant Association Chief Revenue Officer Joe Monastero said. "Just for the Houston and Har
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FCNCA
News
- Why The Crash Was Delayed [zero hedge]zero hedge
- First Citizens BancShares (FCNCA) had its "outperform" rating reaffirmed by Citigroup Inc..MarketBeat
- First Citizens Appoints Chris Stringer to Lead the Dallas MarketPR Newswire
- First Citizens BancShares (FCNCA) had its price target lowered by Keefe, Bruyette & Woods from $2,375.00 to $2,300.00. They now have an "outperform" rating on the stock.MarketBeat
- First Citizens BancShares (FCNCA) was downgraded by Deutsche Bank Aktiengesellschaft from "buy" to "hold". They now have a $2,154.00 price target on the stock.MarketBeat
FCNCA
Earnings
- 1/23/26 - Beat
FCNCA
Sec Filings
- 4/16/26 - Form 4
- 4/14/26 - Form 4
- 4/8/26 - Form SCHEDULE
- FCNCA's page on the SEC website