Sell your Seagram's stock
Ron Wood of the Rolling Stones has checked into rehab and will be giving up alcohol. Shares of Seagram's, Miller Brewing, and Guinness all dropped by more than 10% in response to the news.
So what's made Wood get on the wagon? Rumor has it that his wife is leaving him after Wood was caught shacking up in Ireland with 19-year-old Russian waitress:
I guess if you're a Rolling Stone, that's just another day at the office.
(cross posted at appletree)