BOLD. ZESTY. ALWAYS ELECTRIC: SMIRNOFF INTRODUCES AWARD-WINNING ELECTRIC GUAVA WITH A FLAVOR-FORWARD MIAMI TAKEOVER FEATURING GENRE-BLENDING ARTISTS AND CULTURAL TASTEMAKERS COCO & BREEZY
- The new limited-edition offering blending the flavors of juicy guava and zesty ginger haspicked up multiple awards before officially hitting shelves in June NEW YORK , May 21, 2025 /PRNewswire/ -- From the brand that brought the sweet and spicy sensation of Smirnoff Spicy Tamarind comes its latest vibrant flavor: NEW Smirnoff Electric Guava. The limited-edition vodka specialty is already turning heads and activating tastebuds, earning top honors including Double Gold at the San Francisco World Spirits Competition and Platinum at the L.A.
- 05/21/2025
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Diageo resets expectations but offers plenty of self-help for the patient
- Diageo is in repair mode. Growth has stalled, margins have slipped, and debt is running higher than the company would like.
- 05/21/2025
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5 Taboo Sin Stocks That Pay Investors Dependable and Rising High-Yield Dividends
- Investors love dividend stocks, especially high-yield varieties, because they offer a significant income stream and have substantial total return potential.
- 05/21/2025
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Diageo Issues Q3 Sales Data & Other Updates, Organic Sales Rise 5.9%
- DEO net sales of $4.4 billion jumped 2.9% year over year for third-quarter fiscal 2025. Robust organic volumes and positive price/mix aid organic sales.
- 05/20/2025
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CAPTAIN MORGAN SLICED TURNS GOLF'S MOST DREADED SHOT -- THE SLICE -- INTO A CELEBRATION WITH YOUR CREW
- Captain Morgan Sliced, West Wilson and Breezy Golf Are Teaming Up to Bring Bold Flavor and Big Energy to the Course All Summer Long For Fans who Play the Slice The brand is rewarding the shots that don't go viral—for all the right reasons. Miss big, post proud, and celebrate your slice by tagging @captainmorganUSA and #PlaytheSliceContest NEW YORK , May 20, 2025 /PRNewswire/ -- Fore!
- 05/20/2025
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Top Sin Stocks With Strong Upside Potential to Purchase in 2025
- Sin stocks stir debate, but their steady returns, strong margins and recession resistance make them smart, long-term plays for performance-focused investors.
- 05/19/2025
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Guinness Parent Diageo Expects $150M Annualized Impact From Tariffs
- Alcoholic beverage giant Diageo (DEO) said in its fiscal third-quarter report Monday that it expects a $150 million annualized impact from tariffs.
- 05/19/2025
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Diageo's comments about disposals 'could see Guinness sold'
- Diageo PLC's (LSE:DGE) third-quarter performance benefited from some one-off factors, analysts said, noting that the group's plans to sell off some of its brands could reignite speculation that Guinness could be put on the block. Organic sales growth of 5.9% in the FTSE 100 group's third quarter benefited a lot from "technical effects", UBS analysts said, but the underlying performance was better than expected.
- 05/19/2025
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Diageo launches cost saving plan as sales boosted by US tariff front-loading
- Diageo PLC (LSE:DGE) reported an improved rate of revenue growth in the past quarter and launched a new efficiency programme, but said sales trends were likely to reverse in the current quarter. The maker of alcoholic drinks including Guinness and Johnnie Walker estimated that it is facing an unmitigated impact of around $150 million from US tariffs on an annualised basis.
- 05/19/2025
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Diageo Sticks With Guidance Despite Tariff Hit
- The company behind Johnnie Walker whisky, Guinness beer and Smirnoff vodka expects U.S. tariffs to result in an unmitigated $150 million hit on profit, but reiterated its guidance for the year.
- 05/19/2025
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Diageo launches $500 million savings plan, lowers tariff impact view
- Diageo , the maker of Johnnie Walker whisky and Guinness beer, launched a plan to save $500 million by 2028 after years of sales declines and lowered the expected hit from U.S. tariffs after Washington held off threats of higher duties, for now.
- 05/19/2025
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Diageo Canada and Business in the Streets (BITS) expand partnership to empower and fund entrepreneurs across Ontario
- ONTARIO--(BUSINESS WIRE)--Through this partnership Diageo and BITS have supported over 1,200 entrepreneurs with training and resources in the past three years.
- 05/15/2025
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CABGY or DEO: Which Is the Better Value Stock Right Now?
- Investors looking for stocks in the Beverages - Alcohol sector might want to consider either Carlsberg AS (CABGY) or Diageo (DEO). But which of these two stocks presents investors with the better value opportunity right now?
- 05/12/2025
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Diageo Stock Rises 7.5% in a Month: Buy or Wait for a Pullback?
- DEO faces near-term headwinds, but its strategic pricing and productivity efforts pave the way for a stronger, more efficient comeback.
- 05/08/2025
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Diageo named Official Spirits Supporter in North, Central and South America for FIFA World Cup 26™
- NEW YORK--(BUSINESS WIRE)-- #CelebrateResponsibly--Diageo is the Official Spirits Sponsor in the Americas of the FIFA World Cup 26™.
- 05/08/2025
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Crown Royal Unveils Crown Royal Marquis: A Bold New Whisky Crafted for the Next Era of Nightlife
- Finished in Caribbean rum casks, the newest innovation by Crown Royal launches in select cities with 'Crown Royal Marquis Moments' – an invitation to reignite nightlife beyond status and exclusivity NEW YORK , April 30, 2025 /PRNewswire/ -- Crown Royal announces the release of Crown Royal Marquis Blended Canadian Whisky, the latest innovation in its award-winning portfolio. Finished in Caribbean rum casks and aged to perfection, this distinctive blend is crafted for moments that start as a typical night out and turn unforgettable, reflecting the brand's commitment to crafting exceptional whisky for every occasion.
- 04/30/2025
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Warren Buffett's April DiviDogs Tag One Buy In 15 'Safer'
- Berkshire Hathaway's Q4 additions include Constellation Brands, while increasing stakes in Occidental Petroleum, Domino's Pizza, and Pool, reflecting Buffett's strategic growth and value investments. Top Berkshire dividend stocks like Kraft Heinz, Sirius XM, and Ally Financial offer attractive yields, meeting the dogcatcher ideal of dividends exceeding share prices. Analysts forecast significant gains for Berkshire's top-yielding stocks, with Ally Financial leading potential returns, highlighting the value in underpriced, high-yield investments.
- 04/27/2025
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Diageo and Burberry tarnished as lux rival LVMH's sales turn negative
- Diageo PLC (LSE:DGE) and Burberry Group PLC (LSE:BRBY) face headwinds ahead, analysts said as they read across from a trading update from luxury giant Louis Vuitton Moet Hennessy (EPA:MC). As well as making Johnnie Walker and Crown Royal whiskey, Smirnoff and Ciroc vodka, Diageo also has a 34% stake in LVMH's Wine & Spirits division.
- 04/15/2025
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HEINY or DEO: Which Is the Better Value Stock Right Now?
- Investors interested in stocks from the Beverages - Alcohol sector have probably already heard of Heineken NV (HEINY) and Diageo (DEO). But which of these two stocks presents investors with the better value opportunity right now?
- 04/14/2025
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Diageo still top spirits pick, but the drinks market will be unsettled at best
- Diageo PLC (LSE:DGE) remains the preferred name in the spirits sector, according to UBS, as the European beverages group braces for a mixed first quarter marked by foreign exchange pressure, patchy consumer demand, and lingering trade uncertainty. In a preview note ahead of results season, the bank says it continues to favour the Smirnoff and Johnnie Walker maker over its rivals despite a challenging backdrop.
- 04/14/2025
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Diageo taps markets with $1.5 billion bond split
- Diageo PLC (LSE:DGE) has gone to market with a $1.5 billion bond deal, splitting it evenly across two maturities. The deal includes $750 million in 5.125% notes due in 2030 and another $750 million in 5.625% notes due in 2035.
- 04/11/2025
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Diageo Trades Below 200 & 50-Day SMA: How to Play the Stock?
- DEO faces near-term headwinds, but its strategic pricing and productivity efforts could pave the way for a stronger, more efficient comeback.
- 04/10/2025
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GUINNESS SPOTLIGHTS 'LOVELY DAYS' ACROSS THE COUNTRY IN NEW CAMPAIGN
- Guinness debuts an ad campaign starring real groups of friends and their stories of coming together over shared passions and pints! NEW YORK , April 10, 2025 /PRNewswire/ -- Fifty states, one truth: when you're with your people, every day is a lovely day.
- 04/10/2025
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DEO Enters a JV With Main Street Advisors: Things You Should Note
- Diageo benefits from its focus on improving productivity, coupled with a diversified footprint. It has entered into a strategic deal with Main Street Advisors.
- 04/08/2025
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Captain Morgan Sliced is Turning Up the Heat: NEW Sweet vs. Heat Variety Pack is Serving up Bold Flavors with the Crack of a Can
- Craving a fiery kick or something smooth and sweet? No Need to Choose with New Sweet vs Heat Variety Pack – Now Available Nationwide NEW YORK , April 8, 2025 /PRNewswire/ -- Whether you're Team Sweet, Team Spicy or somewhere in between, Captain Morgan Sliced has you covered.
- 04/08/2025
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The Best Stocks To Buy Now, While The Market Implodes Around Them (CHD, CLX, DEO, UL)
- Things look pretty grim out there. Every single one of ‘The Magnificent Seven' stocks are in the red before the open, though MSFT only narrowly so.
- 04/06/2025
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Trump Tariffs Drama: Staples Companies To The Rescue?
- President Trump's “Liberation Day” announcement rattled the market, leaving only few stocks in the green. The likelihood of a stagflationary environment and recession has increased significantly. Even though the intent of the tariffs seems clear, we can expect significant pain in the short term (and possibly longer term). In this article, I take a look at four sub-segments of the consumer staples sector and explore whether relevant stocks should be considered as portfolio hedges in the current environment.
- 04/03/2025
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DEO Offloads 54.4% Stake in Seychelles Breweries: What Should You Know
- Diageo benefits from its focus on improving productivity coupled with its diversified footprint. It has sold its 54.4% shareholding in Seychelles Breweries Limited to Phoenix Beverages.
- 04/03/2025
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4 Warren Buffett Blue-Chip Dividend Stocks Baby Boomers Can Buy and Hold Forever
- While many baby boomers have enjoyed a long bull market over the past 35 years, there is a point when income becomes more critical than stock appreciation.
- 03/30/2025
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HEINY vs. DEO: Which Stock Is the Better Value Option?
- Investors interested in stocks from the Beverages - Alcohol sector have probably already heard of Heineken NV (HEINY) and Diageo (DEO). But which of these two stocks presents investors with the better value opportunity right now?
- 03/27/2025
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Spirits giant Diageo suggests alternative to Trump's tariffs
- Spirits giant Diageo has suggested the U.S. government consider tougher rules of origin requirements in trade agreements as an alternative to tariffs, a letter to the U.S. Trade Representative showed.
- 03/14/2025
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Don't buy into the Gen Z drinking myth, says leading investment bank; good news for Diageo
- Barclays is pushing back against the idea that Gen Z has turned its back on alcohol. The investment bank says fears of a structural decline in drinking, particularly in the US, are overblown.
- 03/12/2025
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4 Warren Buffett Dividend Stocks Are Safe Havens During Stock Market Sell-Offs
- If any investor has stood the test of time, it is Warren Buffett, and with good reason.
- 03/12/2025
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“Get [There] Safe” Campaign by MADD Canada, Uber Canada and Diageo Canada Helps Torontonians Make Safe Choices This St. Patrick's Day
- OAKVILLE, Ontario, March 12, 2025 (GLOBE NEWSWIRE) -- With St. Patrick's Day approaching, MADD Canada, Uber Canada and Diageo Canada are launching the national Get [There] Safe campaign in Toronto to reduce the risk of impaired driving. From March 14 at 9 a.m.
- 03/12/2025
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CROWN ROYAL RETURNS TO RODEOHOUSTON® AS AN OFFICIAL SPONSOR, CELEBRATING THE RICH ESSENCE OF RODEO STYLE
- Driven by the spirit of generosity, the award-winning whisky teamed up with Houston icons Bun B and PURPLE BRAND co-founder Luke Cosby to debut a limited-edition collection honoring rodeo style HOUSTON , March 11, 2025 /PRNewswire/ -- On Black Heritage Day (March 7), Crown Royal returned to the Houston Livestock Show and Rodeo™, transforming the 2025 opening weekend into a defining moment in celebration of Houston culture. As an official RODEOHOUSTON® sponsor, the award-winning whisky brought the Crown Royal Saloon & Showroom back to NRG Park.
- 03/11/2025
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MEET THE MOUTH-BLOWING FLAVOR THAT'LL MAKE YOUR TASTE BUDS DO BACKFLIPS: NEW CAPTAIN MORGAN SWEET CHILI LIME
- Featuring Flavor That Refuses To Be Defined, Captain Morgan Sweet Chili Lime Is Now Available Nationwide NEW YORK, March 11, 2025 /PRNewswire/ -- Welcome to the mind-blowing world of mouth-blowing flavor. New Captain Morgan Sweet Chili Lime delivers a one-of-a-kind taste, merging sweetness, zesty citrus flavors, and notes of subtle chili heat.
- 03/11/2025
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Celebrating All Shot Callers: 21SEEDS & Danielle Robay Launch Shot Callers Game For Women's History Month
- The 21SEEDS x Question Everything Shot Callers Game combines hilarious thought-provoking questions and effortless cocktails to create connections and meaningful memories NEW YORK , March 10, 2025 /PRNewswire/ -- Today 21SEEDS, the award-winning, female-founded infused tequila brand, announces Shot Callers, a conversation card game created with E! and NBC media personality Danielle Robay, host of Hello Sunshine's The Bright Side and Question Everything.
- 03/10/2025
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Americans Slash Spending: 5 High-Yield Dividend Consumer Staples Stocks Are Bulletproof
- U.S. consumer spending collapsed in January, falling to lows not seen in almost four years.
- 03/08/2025
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Introducing the Guinness Lovely Day Project
- Guinness is looking for real stories of people coming together over pints. This St. Patrick's Day, share photos of your celebrations — and we might feature your story in our upcoming project.
- 03/06/2025
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10 Dividend Aristocrat Bargains To Help You SWAN During This Trade War Turmoil
- The trade war is causing market volatility, with stocks falling and bonds performing well as investors seek hedges against economic slowdown fears. Dividend aristocrats, particularly low-volatility, defensive ones, offer a stable investment strategy during trade war turmoil. They provide dependable income and lower downside risk. The recommended 10 low volatility dividend aristocrats include Johnson & Johnson, PepsiCo, and Kimberly-Clark, offering a 4% yield and strong long-term return potential.
- 03/06/2025
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Diageo: Free Cash Flows And Great Brands But Low Organic Growth
- Diageo is nearing 5-year lows, presenting a potential buying opportunity at 16.9x P/E for long-term value investors. The combination of share buybacks, dividends, and sales growth supports a positive long-term investment thesis. While volume growth may be low and stagnating, this mature company with great brands is able to increase prices over the rate of inflation.
- 03/04/2025
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Diageo upgraded after 42% slide. But it's still not time to buy
- Deutsche Bank has upgraded Diageo PLC (LSE:DGE) to 'hold' from 'sell', saying the stock is now “substantially de-risked” after a sharp decline. The bank kept its price target at 2,020p, which suggests 6.5% downside from current levels.
- 03/03/2025
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Sainsbury's, M&S, Diageo among those cheering rebounding retail sales
- News sales had enjoyed a healthy rebound across the sector in January sent shares in retailers higher on Friday. FTSE 250-listed Ocado Group PLC ticked up 3.1% to lead broad-based gains, which stretched to other mid-caps such as Pets at Home Group PLC and several blue chips.
- 02/21/2025
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TAP vs. DEO: Which Stock Should Value Investors Buy Now?
- Investors looking for stocks in the Beverages - Alcohol sector might want to consider either Molson Coors Brewing (TAP) or Diageo (DEO). But which of these two companies is the best option for those looking for undervalued stocks?
- 02/20/2025
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Diageo: Half Full Or Half Empty?
- We are still positive about Diageo. Positive price MIX evolution and gross margin up. H2 organic sales and EBIT are expected to improve, with North America showing strong innovation and LatAm having easier comps. Potential tariffs could impact US sales, but mitigation strategies and supply chain optimizations are in place to offset this.
- 02/05/2025
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Diageo 1H25 Earnings & Sales Fall Y/Y, Medium-Term View Withdrawn
- DEO's first-half fiscal 2025 results benefit from organic sales growth across four out of five regions, offset by unfavorable currency impacts.
- 02/05/2025
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JOHNNIE WALKER BLACK LABEL AND DEVEREUX GOLF UNVEIL THE "KEEP WALKING COLLECTION" - A BOLD NEW SECOND LINE OF THEIR CAPSULE COLLECTION THAT HONORS THE PROGRESSIVE SPIRIT OF ONE OF THE FASTEST GROWING SPORTS IN THE US
- Inspired by the game Johnnie Walker has been associated with for over a century and timed to WM Phoenix Open, the partnership's largest drop to date celebrates the next generation of golfers and whisky drinkers NEW YORK , Feb. 5, 2025 /PRNewswire/ -- For almost 100 years, Johnnie Walker has been committed to expanding the traditions for both golf and Scotch occasions. In 1926, Johnnie Walker introduced its 'hole-in-one' program, offering a bottle to any player who had a verified shot – the beginning of the brand becoming the go-to Scotch for celebrations big and small.
- 02/05/2025
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Diageo splits analysts as ‘peak pessimism' hits with tariff threat
- Diageo PLC had divided analysts after removing medium-term guidance and flagging the potential impact of US tariffs against Canada and Mexico on Tuesday. Deutsche Bank hit the drinks maker with a ‘sell' rating following interim results, noting sales and profit had declined slower than expected over the first half to December.
- 02/05/2025
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Diageo plc (DEO) F25 Interim Results Q&A Conference Call Transcript
- Diageo plc (NYSE:DEO ) F25 Interim Results Q&A Conference Call February 4, 2025 4:30 AM ET Company Participants Sonya Ghobrial - Global Head of Investor Relations Debra Crew - Chief Executive Officer Nik Jhangiani - Chief Financial Officer Conference Call Participants Simon Hales - Citi Sanjeet Aujla - UBS Andrea Pistacchi - Bank of America Mitch Collett - Deutsche Bank Gen Cross - BNP Paribas Edward Mundy - Jefferies Celine Pannuti - JPMorgan James Edward Jones - RBC Operator Good morning and welcome to Diageo's F25 Interim Results Q&A Conference Call. [Operator Instructions].
- 02/04/2025
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Tariff threats impact alcohol
- CNBC's Brandon Gomez joins 'Squawk on the Street' with the latest details on how tariffs could impact the alcohol industry.
- 02/04/2025
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U.S. tariffs would deal a major blow to alcohol companies, analyst says
- Jonny Forsyth, senior director of food & drink at Mintel, weighs in on Diageo's earnings and the potential impact of U.S. tariffs on the drinks industry.
- 02/04/2025
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Diageo Q2: When Pessimism Becomes Too Much
- Diageo plc's organic sales grew in most regions despite challenges, with notable success in tequila and Guinness brands, indicating resilient consumer demand. Investors are concerned about tariffs and declining alcohol interest among young people, but Diageo's long-term market presence and brand strength remain solid. DEO's current stock price slump may be an overreaction, presenting a potential buying opportunity given its strong fundamentals and high dividend yield.
- 02/04/2025
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Diageo figures 'hard' to gauge as Trump tariffs hamper outlook
- Diageo PLC has no doubt left investors with questions after interim results saw uncertainty around US tariffs flagged and medium-term guidance scrapped, according to analysts. Despite organic sales and earnings growth beating consensus estimates over the first half to December, Barclays analysts noted it was “hard to make a firm conclusion” from the results.
- 02/04/2025
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Diageo plc (DEO) Q2 2025 Earnings Call Transcript
- Diageo plc (NYSE:DEO ) Q2 2025 Earnings Conference Call February 4, 2025 2:15 AM ET Company Participants Debra Crew - Chief Executive Officer Nik Jhangiani - Chief Financial Officer Conference Call Participants Debra Crew Good morning, everyone. Thank you for joining our results presentation for the first half of fiscal '25.
- 02/04/2025
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Tequila has to be made in Mexico. Diageo offers no financial outlook on tariff uncertainty.
- The maker of Don Julio tequila and Crown Royal whisky said on Tuesday it can't provide financial guidance because of the uncertainty over tariffs.
- 02/04/2025
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Diageo warns of tariff hit as profit slips and guidance scrapped
- Diageo PLC has removed medium-term guidance as it warned over the impact of tariffs by the US on Mexico and Canada. Firmed up by Donald Trump at the weekend, tariffs on Mexican and Canadian imports were set to come into force on Tuesday but later delayed for a month on respective deals.
- 02/04/2025
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Spirits maker Diageo removes medium-term guidance on U.S. tariff uncertainty
- The drinks maker has come under pressure from investors amid falling sales, management changes, and a broader trend toward reduced alcohol consumption.
- 02/04/2025
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Troubles Mount for DEO Before 1H25 Earnings: Smart Buy or Risky Bet?
- Diageo's 1H25 results are expected to reflect the continued impacts of troubles in the LAC and North America businesses.
- 02/03/2025
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BLADE AND BOW BOURBON AND PRO GOLFER WYNDHAM CLARK LAUNCH SWEEPSTAKES FOR THE GOLF TRIP OF A LIFETIME
- A Lucky Winner will Have the Chance to Play a Round of 18 Holes & Enjoy a 19th Hole Celebration with the Golf Legend LOUISVILLE, Ky. , Feb. 3, 2025 /PRNewswire/ -- Today, Blade and Bow Kentucky Straight Bourbon launched a sweepstakes offering the ultimate golf outing with pro golfer and bourbon-lover Wyndham Clark, including a post-game social hour with Clark at The 19th Hole.
- 02/03/2025
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Vodafone, Diageo, Crest Nicholson, Entain tee up packed Tuesday
- Vodafone, Diageo, Crest Nicholson and Entain line up a busy day of reporting in London, before a string of updates from across the Atlantic.
- 02/03/2025
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Diageo slides as Trump tariffs to hit Mexican, Canadian production
- Diageo PLC was among companies facing pressure on Monday after US president Donald Trump firmed up tariffs on Canadian and Mexican imports over the weekend. Diageo, which owns the likes of the Crown Royal, Don Julio and Casamigos brands, dropped 3% to 2,345.5p on Monday.
- 02/03/2025
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DEO North America Invests in Montgomery: What It Means for the Stock
- Diageo's investment in a new facility in Montgomery strengthens its supply chain, drives sustainable growth and boosts local economic development.
- 01/31/2025
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Diageo North America Announces New Manufacturing and Warehousing Facility in Alabama
- MONTGOMERY, Ala.--(BUSINESS WIRE)--Significant investment to bring approximately 100 jobs to the City of Montgomery once the 360,000 square foot facility is operational.
- 01/30/2025
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JOHNNIE WALKER BLENDED SCOTCH WHISKY AND RONNY CHIENG CELEBRATE LUNAR NEW YEAR, HONORING TRADITIONS WHILE MAKING THEM YOUR OWN FOR A MEMORABLE CELEBRATION
- Johnnie Walker continues its tradition with a limited edition Blue Label Lunar New Year bottle designed by James Jean, inviting whisky lovers to gift, savor and celebrate the Year of the Snake NEW YORK , Jan. 30, 2025 /PRNewswire/ -- Johnnie Walker, the world's number one blended Scotch whisky, is celebrating the occasion by bringing a touch of humor and heart to the holiday in partnership with Emmy-winning correspondent from The Daily Show and actor/comedian from Interior Chinatown Ronny Chieng. With the arrival of the Year of the Snake – symbolizing wisdom and transformation – Johnnie Walker and Ronny are embracing the evolving customs that reflect the dynamic spirit of the season, honoring both tradition and progress.
- 01/30/2025
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CROWN ROYAL HONORS NEW ORLEANS WITH LIMITED-EDITION STARTER SUPER BOWL LIX SATIN JACKET INSPIRED BY THE HISTORIC CITY
- The Official Whisky Sponsor of the NFL taps New Orleans Legends Juvenile and Mannie Fresh and more to drive generosity and pay homage to the city ahead of the Big Game NEW ORLEANS , Jan. 29, 2025 /PRNewswire/ -- All NFL season long, Crown Royal has brought its spirit of generosity to NFL stadiums and cities nationwide with the first ever Crown Royal Rig Tour . Now, the Official Whisky Sponsor of the NFL is headed to New Orleans for Super Bowl LIX, where Crown Royal will debut its partnership with one of the most iconic sports apparel companies in the world, Starter.
- 01/29/2025
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Top investors question Diageo's growth goals
- Diageo's new finance chief Nik Jhangiani is under pressure to row back on the spirits giant's medium-term sales goals next week, which some investors say may no longer be realistic given sliding sales across the sector.
- 01/29/2025
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Diageo to sell Guinness Ghana stake to Castel for $81 mln
- Spirits giant Diageo has agreed to sell its 80.4% shareholding in Guinness Ghana to Castel Group for $81 million, it said on Tuesday, continuing to refine its operating model in Africa.
- 01/28/2025
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KNBWY vs. DEO: Which Stock Is the Better Value Option?
- Investors interested in stocks from the Beverages - Alcohol sector have probably already heard of Kirin Holdings Co. (KNBWY) and Diageo (DEO). But which of these two companies is the best option for those looking for undervalued stocks?
- 01/27/2025
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CÎROC Ultra-Premium Vodka Opens Applications for Inaugural Blue Dot Creative Residency in Park City During Festival Week
- CÎROC has opened applications for ambitious creatives to join Erika Alexander and Woody McClain as part of the inaugural class of the Blue Dot Creative Residency, and bring their passion project into production NEW YORK , Jan. 27, 2025 /PRNewswire/ -- CÎROC Ultra-Premium Vodka is proud to announce that applications to the Blue Dot Creative Residency (BDCR) have been opened to the public. Following the program launch in December, the brand selected two storytellers looking to bring to life new and groundbreaking projects as the first members of the BDCR – Actor Woody McClain and actress and writer Erika Alexander!
- 01/27/2025
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Diageo denial of Guinness sales underlines recovery story, Jefferies believes
- Diageo PLC's (LSE:DGE) confirmation that Guinness or its MH stake (34%) are not for sale points to confidence that cash and returns will improve as recovery becomes visible according to US broker Jefferies. The brokers added that the market narrative around such disposals is that they will help to unlock value through accelerating deleveraging and bringing forward buybacks.
- 01/27/2025
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Diageo dismisses Guinness and Moet Hennessy sale reports
- Guinness owner Diageo has dismissed reports that it might sell the iconic black stout or its stake in spirits group Moet Hennessy. Bloomberg News reported on Friday that the company was exploring options for Guinness and champagne and cognac giant Moet Hennessy.
- 01/27/2025
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Diageo says it has no intention to sell Guinness or stake in Moet Hennessy
- Diageo does not intend to sell its beer brand Guinness or its stake in Moet Hennessy, LVMH's drinks unit, the world's top spirits makers said on Sunday.
- 01/26/2025
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Diageo denies reports that it is considering selling Guinness or its stake in Moët Hennessy
- Diageo has denied reports that it is considering selling Guinness or its stake in Moët Hennessy. Bloomberg had reported that the company was reviewing its portfolio.
- 01/26/2025
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Diageo Offloads Cacique Rum Brand: What Does This Mean for the Stock?
- DEO's strategic shifts with the Cacique sale and productivity initiatives pave the way for future growth and market expansion.
- 01/24/2025
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CAPTAIN MORGAN & T-PAIN SET SAIL IN THE BIG EASY FOR THE BIG GAME, TRANSFORMING BOURBON STREET INTO 'RUM STREET' FOR SUPER BOWL LIX
- The Official Spiced Rum Sponsor of the NFL is Serving Up More than Delicious Cocktails for Football Fans in New Orleans and at Home NEW ORLEANS, Jan. 23, 2025 /PRNewswire/ -- When you think of New Orleans, you think Bourbon Street — renowned the the world over for its enduring one-of-a-kind spirit, electric energy, and of course, legendary cocktails. Bourbon Street's most iconic cocktails have one thing in common – rum.
- 01/23/2025
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BUD vs. DEO: Which Stock Has More Spirit?
- We think that Anheuser-Busch InBev stock (NYSE: BUD) is currently a better pick over its peer, Diageo stock (NYSE: DEO). BUD stock trades at 1.6x trailing revenues, versus 3.3x for DEO.
- 01/23/2025
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Kentucky Distilleries and Precision Conservation Management Join Forces to Enhance Regenerative Corn Farming Practices throughout Commonwealth
- FRANKFORT, Ky.--(BUSINESS WIRE)--Four leading spirits companies and the Kentucky Distillers' Association (KDA) are joining forces with Precision Conservation Management (PCM) and the Kentucky Corn Growers Association (KCGA) to launch a five-year, $2.8 million initiative for Kentucky corn farmers. Together, Kentucky distillers are providing tools for corn farmers to successfully implement proven practices that will support the long-term resilience of the state's historic agricultural community w.
- 01/14/2025
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UK's Fundsmith says it shed Diageo over management issues, weight loss drugs
- Britain's Terry Smith made public for the first time on Thursday why his fund dumped its Diageo stake last year, citing problems with its new management and early signs that weight loss drugs threatened the drinks sector.
- 01/09/2025
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Diageo identifies 2025 socialising trends in new global report
- Distilled 2025 uses AI-driven analysis to offer foresights into trends shaping consumer behaviour in 2025, including the rise of consumers alternating between alcoholic and non-alcoholic drinks ('zebra striping'), exploring 'one night only' experiences and integrating AI further into their daily lives. The report's findings are not siloed to the alcohol industry, supporting brands in any region or sector.
- 01/08/2025
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Diageo splits City opinions again ahead of interims
- Two of the City's big hitters are going head to head again over the prospects for Guinness and spirits giant Diageo PLC (LSE:DGE)ahead of its interim results on 4 February. Deutsche Bank has an impressive record in calling the problems facing the Johnnie Walker owner and is downbeat again for the most recent six months.
- 01/07/2025
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United States Steel, Diageo And Other Big Stocks Moving Lower In Friday's Pre-Market Session
- U.S. stock futures were higher this morning, with the Dow futures gaining more than 100 points on Friday.
- 01/03/2025
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Diageo Stock: Dividend Aristocrat At A Discount
- Diageo's cost-cutting measures aim to save $2 billion over three years, potentially boosting EPS by 30% and offering double-digit returns at current valuation. Despite a slight decline in net sales, Diageo's strong presence in emerging markets like China and India bodes well for future growth. With a 3.3% dividend yield and solid free cash flow, Diageo remains a reliable dividend aristocrat with a robust financial foundation.
- 01/02/2025
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STZ vs. DEO: Which Stock Is the Better Value Option?
- Investors interested in stocks from the Beverages - Alcohol sector have probably already heard of Constellation Brands (STZ) and Diageo (DEO). But which of these two companies is the best option for those looking for undervalued stocks?
- 01/01/2025
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Diageo: Premiumization Drives Future Growth; Initiating With 'Buy'
- Diageo's diversified portfolio and global distribution channels support its growth, despite a 0.6% organic revenue decline in FY24 due to weak consumer sentiment. The company's premiumization strategy and acquisitions, like Don Papa Rum, are driving price growth and improving margins, making it an attractive investment. Diageo's solid capital allocation, including significant dividends and share repurchases, reflects a healthy balance sheet and strong shareholder returns.
- 12/23/2024
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Diageo 'tapping' Irish reserves to offset Guinness shortage
- Guinness owner Diageo PLC (LSE:DGE)is reportedly shipping supplies from its reserves from Ireland to the UK to alleviate a shortage of the famous black stout. Stories have been running for weeks ag about shortages of Guinness with some pubs introducing ration cards to distribute what they get fairly.
- 12/23/2024
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Diageo ditching Diddy-linked drink brand? Good news, says Jefferies
- Diageo PLC (LSE:DGE) is reportedly considering the sale of Ciroc Vodka, the drinks brand backed by disgraced music mogul Sean “Diddy” Combs. According to sources cited by Bloomberg, FTSE 100-listed Diageo has contacted potential buyers, including beverage companies and private equity firms, to gauge interest in the brand.
- 12/20/2024
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TANQUERAY LONDON DRY GIN LAUNCHES 'CLASSIC OR NOTHING' CAMPAIGN: A BOLD DECLARATION THAT CELEBRATES THE ENDURING INFLUENCE OF TIME-HONORED CLASSICS AND THE LEGENDS THAT CHOOSE THEM
- The new campaign will cement Tanqueray as the audaciously classic choice by showcasing the brand's history of boldness and iconicity to appeal to the new generation of cocktail lovers. NEW YORK , Dec. 18, 2024 /PRNewswire/ -- Tanqueray London Dry Gin, the #1 Gin in the US (Nielsen/NABCA) and 7-time winner of the bartender's choice award by Drinks International, is an icon that is known for its unique blend of botanicals and its ability to elevate timeless drinks like the Martini and Negroni.
- 12/18/2024
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Wetherspoon boss blasts Guinness owner Diageo for current shortage
- JD Wetherspoon PLC's (LSE:JDW) outspoken boss Tim Martin has told Guinness owner Diageo to get its finger out and start brewing more to ease the current shortage of the black stuff. In comments to the FT, Martin said: "I'm going to be having a stern word with them and say: 'What's happened to your crystal ball?
- 12/18/2024
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STZ vs. DEO: Which Stock Should Value Investors Buy Now?
- Investors interested in Beverages - Alcohol stocks are likely familiar with Constellation Brands (STZ) and Diageo (DEO). But which of these two stocks presents investors with the better value opportunity right now?
- 12/16/2024
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Diageo flat as Guinness rationing comes to a head
- Pubs have started to ration Guinness after panic buying exacerbated what was already heading to a tight supply situation over Christmas. Reports started circulating at the start of December that Guinness brewer Diageo PLC (LSE:DGE) was considering ‘managing ‘ supplies in the key holiday period after a recent spike in demand.
- 12/16/2024
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Diageo rallies as Guinness maker gets double upgrade from UBS
- Diageo PLC (LSE:DGE) rose to the top of the FTSE 100 risers after UBS added its name to the (short) list of brokers predicting a recovery in the Guinness and Johnnie Walker group's fortunes in 2025. In fact, Diageo got a double upgrade from the Swiss bank with its rating rising to 'buy' from ‘sell' based on the prospects for strong growth in areas such as Tequila.
- 12/12/2024
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Exclusive: Trump tariff plan puts $3 billion in Diageo, Becle tequila imports at risk
- Some $3 billion in tequila and mezcal imports from top makers of the popular spirits, Diageo and Jose Cuervo owner Becle, are at risk from U.S. President-elect Donald Trump's planned tariffs on Mexico, according to Mexican customs data reviewed by Reuters.
- 12/11/2024
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CÎROC Champions Creative Ease with the 'Blue Dot Creative Residency': An Innovative Program Empowering Emerging Storytellers
- The new program will give creatives the financial capital, mentorship and the space to develop a passion project that will shape the culture of tomorrow NEW YORK , Dec. 9, 2024 /PRNewswire/ -- In a world where hustle culture is a necessary part of a creator's journey, time, resources and funding can be increasingly elusive luxuries for those looking to invest in their creative footprint. The makers of CÎROC Ultra-Premium Vodka proudly announce a chance to turn passion into production with the launch of the 'Blue Dot Creative Residency.
- 12/09/2024
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12 High-Yield Dividend Aristocrats To Weather The Coming 2025 Storm In Style
- The S&P is up almost 28% in 2024, and many investors worry about a melt-up followed by a sharp correction like in 2022 or 2018. A 2025 market correction is likely, but low-volatility, high-yield Dividend Aristocrats offer a better alternative to the traditional 60-40 portfolio and S&P. These 12 Aristocrats provide a 3.2% yield, 14% discount, 22% upside potential next year, and 10% long-term income growth consensus, while being 54% lower volatility than the S&P.
- 12/07/2024
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Top 10 High-Yield Picks For December 2024 With Strategic Allocations: 5 Yield Over 7%
- In this article, I will share with you 10 attractive high dividend yield companies that could help you enhance your portfolio's ability to generate dividend income. I will also share allocation limits for each of the selected companies to help you reduce the risk level of your dividend portfolio, better positioning it for positive investment outcomes. Each of the companies is financially strong, pays an attractive dividend yield, has dividend growth potential, and has an attractive valuation, allowing you to invest with a margin of safety.
- 12/05/2024
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Diageo upgraded to 'buy' at Jefferies as new CFO tipped to shake up giant
- Diageo PLC (LSE:DGE) is splitting opinion among City analysts with US group Jefferies today upgrading the Guinness and Johnnie Walker group to buy, albeit conceding it has challenges ahead. Deutsche Bank maintained a 'sell' rating yesterday but Jefferies thinks that Diageo will start to look different as confidence in spirits growth increases and under a new, heavyweight CFO.
- 12/05/2024
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Guinness pub sales limited by Diageo as supplies run low pre-Christmas
- Guinness supplies to pubs have been limited in the run-up to Christmas following a boom in sales and reported spate of panic buying. Brewer Diageo PLC (LSE:DGE) said the number of kegs UK hospitality venues could order was being “managed” after a spike in demand during the likes of recent international rugby fixtures.
- 12/05/2024
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IT'S THE MOST WONDERFUL PINT OF THE YEAR
- Guinness is bringing cheer and treats to a city near you, with NYC's most favorite cookies from Levain Bakery, and Most Wonderful Pop-Up experiences to keep the magic going all season long NEW YORK , Dec. 4, 2024 /PRNewswire/ -- This holiday season, Guinness is bringing people together for the most wonderful pints of the year! "This time of year is all about sharing quality time together over a round of pints," said Joyce He, Guinness Brand Director.
- 12/04/2024
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Buchanan's Scotch Whisky Pledges $150,000 From its 200% Futuro Fund to Create Más Noches Buenas for 200% Foodservice Workers This Holiday Season
- A continuation of the 'We Are the Spirit of the 200%' Campaign, Buchanan's 'Más Noches Buenas' campaign, featuring Marcello Hernández, invites fans to embrace the 200% holiday spirit with a series of festive events, digital content and funding opportunities for those who bring more to our tables to share in the spirit they help create. NEW YORK , Dec. 4, 2024 /PRNewswire/ -- On Giving Tuesday, Buchanan's Scotch Whisky Buchanan's Scotch Whisky announced the "Más Noches Buenas" campaign, inviting fans to embrace and celebrate the 200% experiences, spirit, stories and people that make that make Noche Buena (Christmas Eve) so unique.
- 12/04/2024
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Diageo glass still half-empty says seller Deutsche Bank
- After a tough 2024 things should start to look up for the alcoholic beverages sector in 2025, Deutsche Bank believes but not for Diageo PLC (LSE:DGE), which remains firmly on its sell list. The German bank called the problems facing the Guinness, Johnnie Walker and Smirnoff group well ahead of the pack earlier this year and it stays on the least preferred list heading into the New Year.
- 12/04/2024
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Buffett's November DiviDog Pile Had No 'Safer' Buys
- Berkshire Hathaway's portfolio includes diverse blue chips and lesser-known growth stocks, with 25 dividend-paying stocks analyzed for yield-based investment opportunities. Top Berkshire dividend stocks like Kraft Heinz and Sirius XM meet the dogcatcher ideal, offering dividends from $1K investments exceeding their share prices. Analysts project net gains of 4.31% to 25.75% for top Berkshire stocks by November 2025, with an average estimated gain of 13.83%.
- 12/03/2024
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Diageo, MADD, the NFL and Uber Team Up to Launch "Take a Minute. Make a Plan.
- Unveiled during National Impaired Driving Prevention Month, the new campaign encourages football fans to make responsible choices and plan to never drive impaired NEW YORK , Dec. 2, 2024 /PRNewswire/ -- Premium drinks company Diageo North America, Mothers Against Drunk Driving (MADD), the National Football League (NFL), and Uber Technologies, Inc. join forces in a unique partnership to launch "Take a Minute. Make a Plan.
- 12/02/2024
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Diageo drops as Trump Mexico and Canada tariff pledges hit stocks
- Diageo PLC (LSE:DGE) was among those hit in the wake of Donald Trump's latest pledge to introduce sweeping tariffs on goods from Mexico and Canada. Shares in the Guinness maker, which distils Don Julio tequila in Mexico and operates sites across the country, fell as much as 3.5% on Tuesday morning.
- 11/26/2024
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CROWN ROYAL JOINS FORCES WITH NATE SMITH AND SCOTTY HASTING TO SUPPORT VETERANS AS THE AWARD-WINNING WHISKY DONATES $50,000 TO CREATIVETS ON COUNTRY MUSIC'S BIGGEST NIGHT
- Crown Royal Paints Nashville Purple During "The 58th Annual CMA Awards" Week from launch of Crown Royal 31 Year Old in Partnership with Daniel Diamond to Generous Moment on CMA Awards Stage NASHVILLE, Tenn. , Nov. 21, 2024 /PRNewswire/ -- In its seventh year as the exclusive whisky partner of the CMA Awards, Crown Royal spread generosity through Music City across the week, culminating in a special announcement on Country Music's Biggest Night.
- 11/21/2024
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Captain Morgan Ventures into Fresh Territory with Super Bowl Champion Victor Cruz and KidSuper for the Most Adventurous Collab of the Season
- Follow the Captain to unlock something SUPER for you and your crew NEW YORK , Nov. 21, 2024 /PRNewswire/ -- Captain Morgan is teaming up with Super Bowl champ Victor Cruz and NYC multidisciplinary label KidSuper for a collab that's as bold as it is legendary. The one-of-a-kind merch drop is the latest adventure for fans who ' Follow the Captain ' -- aka your pass to unlocking epic surprises and unforgettable fun with your crew, courtesy of Captain Morgan.
- 11/21/2024
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DELEÓN Tequila Unveils Its New Campaign and Brand Platform, "Bold Spirits, Rise"
- Celebrating the power of community and opening the space for bold spirits to create and inspire together. NEW YORK , Nov. 20, 2024 /PRNewswire/ -- Today, DELEÓN Tequila is launching its new campaign "Bold Spirits, Rise" celebrating those who embrace their creative drive (or spirit) and inspire others to do the same.
- 11/20/2024
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4 of Warren Buffet's Highest-Yielding Stocks Are Huge Wall Street Favorites
- Key Points Barring a return of inflation, rates should trend lower in 2025.
- 11/20/2024
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Diageo: No Path For Market-Beating Returns
- Diageo's lack of growth and declining revenues make it a risky investment despite its long history and presence in the staple industry. FY24 results show a 1% revenue decline and 12% drop in earnings per share, highlighting the company's problems. Diageo's market share is vulnerable due to increased competition from smaller brands and influencers, with no clear path for long-term growth.
- 11/19/2024
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Price hikes offer chance for Guinness rivals as Diageo pushes zero alcohol brew
- Diageo needs its leading stout beer Guinness to keep growing fast and is pushing a zero alcohol alternative. But price hikes are turning off some UK customers and opening the door to rivals such as Heineken's Murphy's.
- 11/18/2024
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A Bold Fusion of Cultures: New Guinness Fonio Stout Honors African Heritage and Irish Tradition As Part of the Brewing for Impact Campaign
- Guinness and Brooklyn Brewery Brewmaster Garrett Oliver Launch a Limited Time Beer to Celebrate the Power of Tradition and Innovation NEW YORK , Nov. 13, 2024 /PRNewswire/ -- Guinness and Brooklyn Brewery have just announced the launch of Guinness Fonio Stout, a limited-edition beer brewed in support of the Brewing for Impact campaign - a collaborative initiative inspired by Brooklyn Brewery Brewmaster Garrett Oliver's pioneering work with ancient West African grain fonio. Now available in select locations in the greater New York area, this beer celebrates the rich global history of Guinness, blending their Irish heritage with the vibrancy of West African culture and the creative spirit Garrett Oliver.
- 11/13/2024
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3 Dividend Stocks for November 2024
- The dividend prospects of a US firm, a UK firm, and a Canadian company.
- 11/10/2024
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Diageo: Ongoing Challenges, But It Is Still Cheap
- Diageo is struggling in LatAm due to the downtrading of beer and emerging spirits. Global volumes are down, but pricing strategies are mitigating revenue hits. Despite concerns, Diageo offers an attractive valuation and a solid shareholders' return.
- 11/08/2024
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Stock Picks From Seeking Alpha's October 2024 New Analysts
- In October, 42 new analysts joined Seeking Alpha, sharing diverse investment ideas and strategies, from biotech to real estate. Highlighted strong buy recommendations include MicroStrategy, CorMedix, Hewlett Packard Enterprise, Vertex Pharmaceuticals, and several others. Readers are encouraged to engage with the new analysts, share thoughts on their picks, and join the conversation.
- 11/08/2024
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Diageo Stock Declines 8% in a Month: What Should Investors Do Next?
- DEO has been committed to strengthening its portfolio of brands and countering challenges like a cautious consumer market and retailer inventory adjustments.
- 11/04/2024
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Aged to Perfection: Crown Royal Launches Iconic Reserve Offering with 12-Year Age Statement
- Introducing Crown Royal Reserve Aged 12 Years Blended Canadian Whisky: a Celebration of Time, Patience and the Art of Masterful Blending NEW YORK , Oct. 31, 2024 /PRNewswire/ -- Award-winning Canadian whisky brand Crown Royal ushers in a new Reserve offering with the introduction of Crown Royal Reserve Aged 12 Years Blended Canadian Whisky. A patiently aged blend, this remarkable new expression is a showcase in craftsmanship in the growing Crown Royal portfolio, with each barrel hand-selected by master blenders and aged for a minimum of 12 years.
- 10/31/2024
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Ketel One Family Made Vodka Taps Patrick Schwarzenegger to Serve as First Ever "Spirit Advisor" this Holiday Season
- The actor steps into next role as the steward of exceptional holiday moments in an exclusive collaboration with the iconic vodka brand NEW YORK , Oct. 30, 2024 /PRNewswire/ -- Known for toasting moments of celebration and making occasions remarkable, Ketel One Family Made Vodka is excited to announce actor and entrepreneur, Patrick Schwarzenegger as the brand's very first "Spirit Advisor," this holiday season. Through a multi-platform campaign including engaging social media content and exciting seasonal cocktails, Ketel One will deliver consumers all the tools necessary to embark on an extraordinary holiday season.
- 10/30/2024
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5 Spooky High-Yield Sin Stocks Are All Offering Big Treats With No Tricks
- 24/7 Wall St. Insights: Wall Street pros expect volatility to ramp up regardless of presidential outcome.
- 10/29/2024
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5 Low-Beta Defensive Stocks to Sail Through Ongoing Market Volatility
- Low-beta utility and consumer staple stocks like AEP, AWK, FTS, CLX and DEO are safe bets during times of market volatility.
- 10/24/2024
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ADDING MULTIMEDIA DHL Supply Chain and Diageo North America Power Up Sustainability Partnership with Deployment of Hydrogen Fuel Cell Trucks
- WESTERVILLE, Ohio--(BUSINESS WIRE)--DHL Supply Chain and Diageo North America announced plans to incorporate two fuel cell electric trucks, powered with hydrogen, to their U.S. fleet.
- 10/23/2024
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DHL Supply Chain and Diageo North America Power Up Sustainability Partnership with Deployment of Hydrogen Fuel Cell Trucks
- WESTERVILLE, Ohio--(BUSINESS WIRE)--DHL Supply Chain and Diageo North America announced plans to incorporate two fuel cell electric trucks, powered with hydrogen, to their U.S. fleet.
- 10/23/2024
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MGPI vs. DEO: Which Stock Should Value Investors Buy Now?
- Investors interested in Beverages - Alcohol stocks are likely familiar with MGP (MGPI) and Diageo (DEO). But which of these two stocks presents investors with the better value opportunity right now?
- 10/18/2024
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DIAGEO CHAMPIONS THE NEXT GENERATION OF LEADERS IN PARTNERSHIP WITH HBCUs
- Diageo's "Show Your HBCU Spirit" Initiative Announces Homecoming & Classic Activations and Continues its Ongoing Scholarship Distributions NEW YORK , Oct. 18, 2024 /PRNewswire/ -- Diageo North America continues to celebrate Historically Black Colleges and Universities (HBCUs) with unique and engaging activations at Homecomings and Classics throughout the 2024 fall season. Together with its brands Casamigos, Crown Royal and Guinness, Diageo is honoring HBCU culture and the longstanding traditions of Homecoming at Howard University in Washington, DC, and football Classics in Alabama and Louisiana.
- 10/18/2024
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Glass Packaging Market Report 2024-2034 - Diageo Aiming to Replace Single-Use Glass Bottles and Potentially Eliminate up to 1,000 Bottles Over Their Lifespan
- Dublin, Oct. 17, 2024 (GLOBE NEWSWIRE) -- The "Glass Packaging Market Report 2024-2034" has been added to ResearchAndMarkets.com's offering. World revenue for the Glass Packaging Market is forecast to surpass US$67.7 billion in 2024. Collaboration and Partnership Between Market Players Opportunities for the Market Growth Collaboration and partnerships between market players present significant opportunities for the growth of the glass packaging market. In an increasingly interconnected global economy, strategic alliances allow companies to leverage each other's strengths, resources, and capabilities to drive innovation and market expansion. By joining forces, companies can enhance their product offerings, expand their market reach, and achieve economies of scale that can lead to cost efficiencies. One of the key advantages of collaboration in the glass packaging industry is the ability to combine expertise in different areas of the value chain. For example, manufacturers can partner with recycling facilities to improve the collection and recycling rates of glass packaging materials, thereby enhancing the sustainability credentials of their products. Collaborations can also facilitate access to advanced technologies and production methods, enabling companies to develop innovative glass packaging solutions that meet evolving consumer preferences and regulatory requirements. This collaborative effort can influence policymakers and industry stakeholders to prioritize initiatives that enhance the overall sustainability of the packaging industry. For instance, on 12 Dec 2023, Diageo has partnered with ecoSPIRITS to introduce ecoTOTEs, aiming to replace single-use glass bottles and potentially eliminate up to 1,000 bottles over their lifespan. This initiative, set to debut in 2024, will initially focus on brands like Gordon's gin, Captain Morgan rum, and Smirnoff vodka, employing reusable 4.5-litre containers akin to kegs. The move underscores Diageo's commitment to reducing carbon emissions and waste in the spirits industry through sustainable packaging solutions. Demand for Paper Packaging Hinders Glass Packaging Market Growth The glass packaging market is facing significant challenges due to the increasing demand for paper packaging solutions. This shift is primarily driven by growing consumer preferences for environmentally friendly and sustainable packaging options. Paper packaging is often perceived as eco-friendlier because it is biodegradable and sourced from renewable resources, which aligns with the rising environmental consciousness among consumers. As a result, many industries, including food and beverage, cosmetics, and personal care, are adopting paper-based alternatives to meet these consumer demands. Additionally, regulatory pressures and policies aimed at reducing plastic waste are inadvertently benefiting paper packaging solutions. Governments and environmental organizations are advocating for reduced reliance on materials that contribute to landfill waste and pollution, thereby promoting the use of recyclable and biodegradable materials such as paper. This trend is accelerating the shift away from traditional glass packaging, which, while recyclable, is perceived as less environmentally friendly compared to paper packaging.
- 10/17/2024
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Crown Royal Reaches New Pinnacle of Luxury Canadian Whisky, with Introduction of Crown Royal Aged 31 Years
- The award-winning whisky brand is taking its Higher Marques portfolio to new heights with its oldest and finest whisky to-date NEW YORK , Oct. 9, 2024 /PRNewswire/ -- Crown Royal is thrilled to announce the release of its latest premium offering, Crown Royal Aged 31 Years, a remarkable addition to the Crown Royal Higher Marques lineup. This exquisite, rare blended Canadian whisky marks a continuation of the brand's commitment to crafting exceptional spirits, taking the art of whisky-making yet another step further.
- 10/09/2024
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Diageo's Problems And Valuation
- Diageo is currently facing both company-specific and industry headwinds. I explain what these are. The market is not very optimistic on the company's future. We assess valuation to explain why. Many people believe that Diageo is in terminal decline so we compare it to Altria´s case to understand what might happen.
- 10/08/2024
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Diageo: Undervalued With Upside Potential
- Diageo stock price has underperformed the market in recent years and is down 30% over the last 3 years. A global leader in the beverage alcohol industry which is well positioned to take advantage of the expected upturn in the market. I believe that Diageo is undervalued and the current level of the stock price represents a great buying opportunity.
- 10/08/2024
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Blade and Bow Re-Releases 22-Year-Old Kentucky Straight Bourbon Whiskey
- The Rare American Bourbon Bottling from Stitzel-Weller Distillery Will be Available in Highly-Limited Quantities in the U.S. LOUISVILLE, Ky. , Oct. 3, 2024 /PRNewswire/ -- Blade and Bow has re-released its ultra-premium 22-Year-Old Kentucky Straight Bourbon Whiskey at the Stitzel-Weller Distillery and Garden & Gun Club in Louisville, KY.
- 10/03/2024
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Time To Buy 2 September Berkshire DiviDogs And Watch 6 More
- This Berkshire/Buffett holdings from Kiplinger first appeared on 8/16/24 on BKH's SEC-Form13F. Kiplinger, YCharts, and Dogs-of-The-Dow all track this BRK batch. Here is your update from 9/30/24 YCharts data. 25 of 41 current BRK-owned stocks pay dividends. As of 9/30/24, the Top 10 ranged from 2.23% to 4.56% by annual yield, and 29 of 41 ranged from 0.26% to 46.69% in broker-estimated target-price-upsides. Analysts project 10-50.2% net gains for top Buffett-held dividend stocks by September 2025, with Sirius XM and Occidental Petroleum leading in estimated returns.
- 10/02/2024
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Diageo Completes Sale of Its Guinness Nigeria Share to Tolaram
- DEO benefits from its focus on improving productivity, coupled with its diversified footprint. It concludes the sale of its shareholding in Guinness Nigeria PLC to Tolaram.
- 10/01/2024
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14 Incredible High-Yield Dividend Aristocrat Bargain Buys For October
- The market keeps hitting record highs, and many investors fear putting new money to work. It's always a market of stocks, not a stock market. Wonderful blue-chip bargains are always on sale if you know where to look. Here are the 14 dividend aristocrats that are 15%-plus historically undervalued, representing super growth at a reasonable price.
- 09/28/2024
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Guinness Owner Says Spirits 'Growth Will Return' as Consumer Environment Improves
- The owner of liquor brands like Guinness, Crown Royal and Johnnie Walker saw its shares rise Thursday on optimism that a bleak consumer spending environment may be improving.
- 09/26/2024
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Is Diageo the next hot takeover target?
- Global beer and spirits giant Diageo PLC (LSE:DGE) chalked up a surprising gain on the London Stock Exchange today, despite the Smirnoff, Johnnie Walker, Guinness and many other cornerstone booze brands owner delivering another cautious trading update. “The global environment remains challenging for both our industry and Diageo,” said chief executive Debra Crew.
- 09/26/2024
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Diageo PLC Announces Trading commentary ahead of AGM 2024
- Trading commentary ahead of AGM 2024 LONDON, UNITED KINGDOM / ACCESSWIRE / September 26, 2024 / Debra Crew, Chief Executive, commented: "Our expectations are unchanged from when we reported our fiscal 24 preliminary results on 30 July 2024. The global environment remains challenging for both our industry and Diageo.
- 09/26/2024
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Diageo a 'sell' for UBS as US pricing trends spark concern
- Diageo PLC (LSE:DGE) has a sell rating slapped on it by UBS, adding its voice to a growing list of brokers expressing concern about the pricing trends in the US spirits sector. The Swiss bank sees weak pricing extending into 2025 with its concern that the industry is losing its pricing power as consumers become more price-sensitive.
- 09/25/2024
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What's Behind The 20% Fall In Diageo Stock?
- Diageo (NYSE: DEO) has seen around a 20% fall in value since early January 2023 – declining from levels of $166 then to $133 now – vs. an increase of 51% for the S&P 500 over this period.
- 09/24/2024
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Diageo Offers A Decade-High Yield, Yet Growth Lags
- Diageo's stock has declined nearly 40% since 2021 due to rising interest rates, negative sentiment toward UK equities, and stalled growth. Despite a near-decade high dividend yield of 3.2%, Diageo's modest growth outlook and inflationary pressures dampen investor confidence. The company faces challenges like weak demand in key markets, rising costs, and a shift toward non-alcoholic alternatives, impacting sales and margins.
- 09/23/2024
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5 High-Yield Dividend Sin Stocks Are the Perfect September Surprise
- 24/7 Wall St. Insights The interest rate cuts have started, and dividend stocks will be the big winners.
- 09/21/2024
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Strategically Building A $100,000 Dividend Portfolio With September's Top 10 High-Yield Picks
- Combining ETFs and individual companies can offer many benefits for investors, especially for those who aim to balance dividend income and dividend growth. The September 2024 Top Dividend Picks Portfolio offers investors a Weighted Average Dividend Yield [FWD] of 3.92% and a 5-Year Weighted Average Dividend Growth Rate [CAGR] of 9.62%. The portfolio consists of my top 10 high dividend yield companies for September 2024, five selected companies with a dividend growth focus, and SCHD.
- 09/19/2024
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Bulleit Frontier Whiskey Launches New Rye 10-Year-Old Permanent Expression and Unveils the '10-Year Aged Whiskeys' Range
- LOUISVILLE, Ky. , Sept. 19, 2024 /PRNewswire/ -- Bulleit Frontier Whiskey proudly announces the launch of Bulleit Rye 10-Year-Old, the latest addition to its permanent portfolio of exceptional whiskeys.
- 09/19/2024
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Diageo Stock Slides 8% YTD: A Buy Opportunity or Time to Exit?
- DEO faces hurdles from shifting consumer sentiment and high inventory in LAC, while a cautious consumer backdrop impacts its U.S. Spirits segment in North America.
- 09/18/2024
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CROWN ROYAL AND KANE BROWN CELEBRATE LONG-STANDING PARTNERSHIP AND THE FINALE OF THE 'IN THE AIR' TOUR WITH A SPECIAL SALUTE TO MILITARY VETERANS
- A Grand-prize military veteran winner was honored with the ultimate VIP experience, receiving a once-in-a-lifetime surprise from Kane Brown and Crown Royal in Arlington, Texas. NEW YORK , Sept.
- 09/17/2024
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Ketel One Family Made Vodka is the World's First Spirits Brand to Implement Accessible QR Codes on Packaging
- The award-winning brand continues in its endeavor for inclusivity, offering innovation for consumers who are blind or have low vision NEW YORK , Sept. 17, 2024 /PRNewswire/ -- Ketel One Family Made Vodka is thrilled to announce its latest innovation: an accessible on-bottle QR code (AQR).
- 09/17/2024
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Bulleit Frontier Whiskey launches its biggest US brand campaign to date: "We Aren't Made To Be Still"
- LOUISVILLE, Ky. , Sept. 16, 2024 /PRNewswire/ -- Bulleit Frontier Whiskey is announcing the launch of its new US brand campaign, "We Aren't Made To Be Still".
- 09/16/2024
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10 Days, 250 Bars, Endless Espresso Martini Possibilities: Mr Black Espresso Martini Fest is Back
- Join the Nation's Most Exciting Cocktail Celebration, September 19 - 29 NEW YORK , Sept. 16, 2024 /PRNewswire/ -- The highly anticipated Mr Black Espresso Martini Fest is back for its third year, inviting cocktail enthusiasts across the country to embark on a journey of flavor and innovation from September 19th through 29th.
- 09/16/2024
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Consider Buying These 3 Stocks This Fall
- Thanksgiving is right around the corner, whether we like to acknowledge that fact or not.
- 09/15/2024
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Year Two is for the Crew -- Captain Morgan's Epic Scavenger Hunt, 'Follow the Captain,' Returns with Bigger, Even Better and More Legendary Adventures
- All season long, rally the crew for legendary adventures (on land and sea) that only start when you Follow the Captain NEW YORK , Sept. 10, 2024 /PRNewswire/ -- Captain Morgan, the Official Spiced Rum Sponsor of the NFL, is setting sail with the return of 'Follow the Captain,' inviting crews across America to join in on the most epic scavenger hunt – with even more legendary adventures and prizes up for grabs all season long.
- 09/10/2024
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JOHNNIE WALKER BLENDED SCOTCH WHISKY TEAMS UP WITH EBON MOSS-BACHRACH, COURTNEY STORER AND CHARLES JOLY TO CREATE BLUE LABEL COCKTAIL PAIRINGS IN CELEBRATION OF THE 76TH EMMY® AWARDS
- The brand's partnership with television's biggest night kicks off the next chapter for Johnnie Walker as it embarks on a new era of cultural collaborations, redefining expectations and occasions for Scotch whisky enjoyment NEW YORK , Sept. 6, 2024 /PRNewswire/ -- Johnnie Walker, the world's number one blended Scotch whisky, is embarking on a groundbreaking series of partnerships to inspire a new generation of whisky drinkers and expand its impact across spheres within modern luxury culture.
- 09/06/2024
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Crown Royal Unveils the Crown Royal Rig - Driving Generosity Nationwide with An Epic Tailgate on Wheels This NFL Season
- Crown Royal Invites NFL Fans to Join Legendary Tailgate Tour and Announces Sweepstakes for a Chance to Win Super Bowl LIX Tickets NEW YORK , Sept. 4, 2024 /PRNewswire/ -- Award-winning Canadian whisky brand, Crown Royal, proudly returns for a fourth year as the Official Whisky Sponsor of the NFL with its 'Kick Off with Crown' (KOWC) program to launch the Crown Royal Rig.
- 09/04/2024
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My Top 10 High Dividend Yield Companies For September 2024: One Yields Above 9%
- Identifying companies that pay sustainable dividends is crucial for generating an annually increasing dividend income, as well as enhancing the likelihood of successful investment outcomes. Today, I will present you with 10 high dividend yield companies that, I believe, are attractive choices and worth considering investing in during this month of September 2024. Each company can significantly contribute to your portfolio's income generation, has recently shown dividend growth, has a relatively low Valuation, is financially robust, and holds a well-established competitive position.
- 09/03/2024
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CHURROS, BUT SIPPABLE! INTRODUCING THE LIMITED-EDITION BAILEYS CINNAMON CHURROS IRISH CREAM LIQUEUR, A NEW WAY TO ENJOY CHURROS
- The perfect indulgence that brings everyone together, so Don't Churro Solo! NEW YORK , Sept.
- 09/03/2024
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Diageo: Fundamentally Conservative, With A Well-Covered Dividend
- Diageo is a quality beverage business with a low P/E ratio and a high yield, making it an attractive investment opportunity. Despite some challenges and declines in the sector, Diageo is expected to rebound and offer a potential 15%+ annualized return. The company's strong position in the market, diverse footprint, and potential for long-term demand make it a solid investment choice.
- 09/02/2024
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Diageo turns turtle as Pernod gin slump points to more trouble ahead
- Pernod Ricard's latest results had a knock-on effect on rivals Diageo PLC (LSE:DGE) and spirits group Fevertree Drinks (AIM:FEVR) as gin sales at the French group were notably weak. Among the brands Beefeater Gin volumes were down 10%, noted Peel Hunt, which pointed out this is an unhelpful read for tonic specialist Fevertree, although one that has already been flagged.
- 08/29/2024
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Diageo boosted as China drops brandy import measures
- Diageo PLC (LSE:DGE) got an early boost on Thursday after China backtracked on plans to introduce anti-dumping measures on imported brandy. Shares in the FTSE 100-listed beverage company climbed early on before falling as they began trading without the right to their latest dividend award.
- 08/29/2024
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KNBWY or DEO: Which Is the Better Value Stock Right Now?
- Investors interested in Beverages - Alcohol stocks are likely familiar with Kirin Holdings Co. (KNBWY) and Diageo (DEO). But which of these two stocks is more attractive to value investors?
- 08/28/2024
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Diageo: Current Macro-Environment Creates Headwinds; Long-Term Prospects Remain Bright
- Diageo's H2 2024 results fell short of expectations due to FX impacts and a decline in average selling prices, despite slightly higher shipment volumes. Management remains cautious about the 2025 outlook due to moderate global consumer demand and the cost of financing working capital. The company continues to invest in marketing and production, which supports future growth prospects, particularly in markets like Asia with healthy sales performance.
- 08/23/2024
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10 Dividend Aristocrat Bargain Buys You Don't Want To Miss
- Market volatility has become extreme, but smart investors know that great stock returns are created by volatility. Missing the market's best 60 days over the last 20 years resulted in 75% inflation-adjusted losses, worse than the Great Depression loss of 67%. Dividend aristocrats are some of the world's most dependable dividend blue chips. And despite aristocrats being flat in this downturn, plenty of bargains are available.
- 08/17/2024
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A New Way to Sunday - The Cocktail Collection Introduces The Crown Royal Whisky Sour Cocktail with Black Cherry, Championed by Football's Leading Wives and Girlfriends
- Join the tailgate revolution with the lauded lineup's newest game day essential NEW YORK , Aug. 13, 2024 /PRNewswire/ -- Just in time for football season, Diageo introduces the latest addition to its esteemed line of ready-to-serve cocktails, The Cocktail Collection: The Crown Royal Whisky Sour Cocktail with Black Cherry. This seventh offering complements the Collection's lineup of cocktails including the Ketel One Espresso Martini and Tanqueray Negroni, designed to bring the expertise of a skilled bartender to any host, from a spirited tailgate or a cozy home watch party.
- 08/13/2024
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Diageo has a premiumisation problem. Is rebranding the key to recovery?
- Has a reality check on the so-called ‘premiumisation' trend in the beverage sector caused British multinational alcoholic drinks supplier Diageo PLC (LSE:DGE) to become one of the worst FTSE 100 performers over the past 12 months? Premium, or ‘reserve' brands, as Diageo has historically called them, include the likes of Johnnie Walker Blue, single malts, Don Julio tequila and Zacapa rum.
- 08/13/2024
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Cramer points out current economic issues some companies are ignoring
- CNBC's Jim Cramer on Monday said a variety of companies won't admit they're hurting due to certain ongoing economic trends. "If companies would just own up to their changing circumstances, things would be so much easier for everybody.
- 08/12/2024
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KNBWY or DEO: Which Is the Better Value Stock Right Now?
- Investors looking for stocks in the Beverages - Alcohol sector might want to consider either Kirin Holdings Co. (KNBWY) or Diageo (DEO). But which of these two companies is the best option for those looking for undervalued stocks?
- 08/12/2024
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10 High-Yield Dividend Aristocrats That Could Be Perfect For What's Coming Next
- Market volatility recently hit the 3rd highest levels ever recorded, and extreme fear grips Wall Street. The yen carry trade unwind is likely not over yet; US recession risks remain elevated, and the market decline might still have another 8%. Dividend aristocrats are down just 0.9% in this downturn, and many aristocrats are up modestly.
- 08/10/2024
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Tug-Of-War Between Weakening Consumers And Forthcoming Rate Cuts: 3 Stocks I'm Buying
- The market is caught between excitement over Fed rate cuts and nervousness over weakening consumer trends, unemployment, and falling wage growth. I've been discussing the ongoing economic weakening, declining consumer spending power, and labor market struggles for months. I discuss my call for a 2024 recession, data on weakening consumer trends, the impact of Fed rate cuts on big tech, and a cautious buy list.
- 08/03/2024
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Diageo: This Is A Bargain
- Not the expected quarter, but we are positive on premiumization, scale, and new markets. Good inventory levels worldwide and near-term actions to support Diageo's operating profit margin. Discount compared to the company's historical average and the Staples sector. Diageo is gaining market share with a favorable price MIX. Our buy rating is confirmed.
- 08/01/2024
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Diageo PLC (DEO) Preliminary Q4 2024 Q&A Call Transcript
- Diageo PLC (NYSE:DEO ) Preliminary Q4 2024 Q&A Conference Call July 30, 2024 4:30 AM ET Company Participants Debra Crew - CEO Lavanya Chandrashekar - CFO Conference Call Participants Simon Hales - Citi Edward Mundy - Jefferies Celine Pannuti - JPMorgan Mitch Colett - Deutsche Bank Olivier Nicolai - Goldman Sachs Sanjeet Aujla - UBS James Edwardes Jones - RBC Laurence Wyatt - Barclays Sarah Simon - Morgan Stanley Jeremy Fialko - HSBC Fintan Ryan - Goodbody Operator Good morning and welcome to Diageo's F24 Preliminary Results Q&A Conference Call. Your call today will be hosted by Debra, Diageo's CEO, and Lavanya, Diageo's CFO.
- 07/31/2024
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Diageo PLC (DEO) Preliminary Q4 2024 Earnings Call Transcript
- Diageo PLC (NYSE:DEO ) Preliminary Q4 2024 Earnings Conference Call July 30, 2024 2:15 AM ET Company Participants Debra Crew - CEO Lavanya Chandrashekar - CFO Conference Call Participants Debra Crew Good morning, everyone. Thank you for joining our Results Presentation for Fiscal '24.
- 07/31/2024
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Diageo (DEO) FY24 Earnings & Sales Decline Y/Y on Soft Volume
- Diageo's (DEO) FY24 results reflect the impacts of soft volume particularly in LAC and North America, which hurt organic sales. Soft operating profit and higher costs hurt the bottom line.
- 07/31/2024
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Lloyds Banking Group, BP, Diageo, Greggs – News Defused
- Markets Defused is an easy-to-understand and straightforward recap of the day's most engaging business and stock market news. Lloyds dropped with investors uneasy over motor probe Diageo shares dropped despite surge in Guinness sales BP's latest bumper earnings beat expectations Greggs dividend boon boosted shares Diageo shares dropped despite surge in Guinness sales Diageo PLC (LSE:DGE) shares closed Tuesday's session more than 5% lower, after its full-year financials fell short of market forecasts.
- 07/30/2024
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Why Diageo Stock Was Slipping Today
- Diageo posted a decline in sales and profits for its fiscal year. Consumer demand has been weak.
- 07/30/2024
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Diageo Plunges as Johnnie Walker Maker Posts LatAm, North American Weakness
- Diageo (DEO) American depositary receipts (ADRs) plunged about 6% soon after the opening bell Tuesday after the alcoholic beverage giant posted a drop in its full-year sales through June, dragged lower by declines in Latin America and the Caribbean (LAC) and a weak North American market.
- 07/30/2024
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Earnings downturn 'heavily driven by our Latin America region,' Diageo CEO says
- Diageo's CEO Debra Crew talks through the alcoholic beverage company's latest earning results.
- 07/30/2024
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Diageo Tanks on Sales Slump
- Diageo, the maker of Johnnie Walker and Smirnoff, has been hit by a slowdown in Latin America, the Caribbean and the US. That resulted in the British distiller posting its first annual sales decline since the pandemic.
- 07/30/2024
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Diageo Sinks 9% As FTSE Firm Announces First Sales Drop Since 2020
- Diageo's share price plunged after the drinks giant announced its first sales reversal since the depths of the Covid-19 pandemic.
- 07/30/2024
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Johnnie Walker-maker Diageo plunges 10% on full-year sales decline, but Guinness a bright spot
- Johnnie Walker-maker Diageo plunges 10% on full-year sales decline, but Guinness a bright spot
- 07/30/2024
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Guinness maker Diageo's profits leak more than expected
- Diageo PLC (LSE:DGE), the maker of alcoholic drinks including Guinness and Smirnoff, has reported a fall in annual sales and profit, but increased its dividend payout as it eyed a return to growth. Group sales declined 0.6% to $20.3 billion in the year to 30 June, due to a 3.5% drop in sales volumes, mostly from a larger-than-forecast 21.1% plunge in Latin America and the Caribbean, while North American sales were down 2.5%.
- 07/30/2024
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Diageo results tomorrow to be a deck clearing, says Citi
- Diageo PLC (LSE:DGE) full-year results tomorrow will be ‘a clearing event', suggest the analysts at Citi. On-going weak consumer off-take trends for spirits in North and destocking through Jan-June 2024, coupled with lacklustre trading in China, means the numbers won't be pretty and more earnings downgrades are likely to follow.
- 07/29/2024
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Diageo set for first post-COVID annual sales decline
- Diageo is set to post its first yearly sales decline since 2020 next week, when it needs to convince investors that plans to turn around its North American and Latin American businesses are showing progress.
- 07/29/2024
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KNBWY vs. DEO: Which Stock Is the Better Value Option?
- Investors interested in stocks from the Beverages - Alcohol sector have probably already heard of Kirin Holdings Co. (KNBWY) and Diageo (DEO). But which of these two stocks presents investors with the better value opportunity right now?
- 07/25/2024
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LVMH's liquid sales decline sparks spillover concerns for Diageo
- The problems continue to pile up for global luxury bellwether LVMH, this time in the wine and spirits division. First-half results show a 9% year-over-year decline in organic liquid sales in the period, driven by weak local demand and destocking in China, as well as lower demand in Europe and the US.
- 07/24/2024
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Will LAC Issues & Inflation Hurt Diageo's (DEO) FY24 Earnings?
- Diageo's (DEO) FY24 results are likely to reflect negative consumer sentiment and increased inventory levels in LAC, pressured further by escalating input costs.
- 07/24/2024
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CAPTAIN MORGAN SLICED AND REALITY STAR WEST WILSON 'SLICE' THROUGH SUMMER BUCKET LISTS
- The newest cocktail-inspired RTD offering from America's favorite rum brand launches a nationwide sweepstakes that goes all-in on summer adventures and bold flavor NEW YORK , July 22, 2024 /PRNewswire/ -- Summer bucket lists are back, and there's one item that's topping lists nationwide
- 07/22/2024
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Diageo Still Fits In A Diversified Portfolio
- Diageo is the market leader in spirits and has historically been valued at a rich Price to Earnings Ratio. Since December 2021, its stock price is in decline due to internal setbacks with inventory and consumer shifts after the pandemic. If the company is able to grow at its historical level, investors should have a decent return due to its growing Net Income, Dividends and Buybacks.
- 07/20/2024
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3 Stocks Scraping New 52-Week Lows. Time to Back Up the Truck?
- Contrarian investing is hard. It is difficult to go against the crowd.
- 07/18/2024
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Diageo to cut growth targets as it suffers profit slide – analyst
- Guinness owner Diageo PLC (LSE:DGE) is expected to report another slide in earnings in its full-year results later this month, with analysts expecting it to lower mid-term guidance as a result. Ahead of the update on July 30, analysts at Deutsche Bank warned organic sales in the second half may drop by 2%, compared to market consensus of a 0.9% rise.
- 07/15/2024
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Diageo downgraded to sell at Goldman on prospect of vodka, whisky slump
- Goldman Sachs has downgraded Diageo from a neutral to sell rating over concerns an ongoing slump in the U.S. spirits market will have an outsized impact on the London firm's sales.
- 07/12/2024
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UK Spirit Production Industry Market Research Report 2024 Featuring Diageo, Chivas Brothers, Edrington Group, William Grant & Sons Distillers
- Dublin, July 10, 2024 (GLOBE NEWSWIRE) -- The "Spirit Production in the UK - Industry Market Research Report" report has been added to ResearchAndMarkets.com's offering.
- 07/10/2024
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A proposed PA law may allow spirit-based canned cocktails to be sold in grocery stores
- CNBC's Brandon Gomez reports on new laws that could boost booze sales.
- 07/08/2024
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U.K. Top 40 Quality Dividend Stocks: Summer 2024
- Unfortunately, UK investors have had to suffer weak or negative capital gains in recent years to get those high yields. The good news is that the UK remains an attractive market for dividend investors. Don't forget that companies usually retain some of their earnings to fund expansion and growth, so dividends have (on average) grown ahead of inflation over the medium and long term,.
- 07/03/2024
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Diageo offers a rich cocktail of opportunities now that inflection point met
- British booze supplier Diageo PLC (LSE:DGE) has hardly been in high spirits this year, with the FTSE 100-listed multinational's share price falling more than 10% in the first half. But with destocking headwinds settling down and the prospect of positive earnings momentum in the upcoming financial year, Diageo shares may currently offer a cheap round for patient investors.
- 07/03/2024
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GREAT TASTE IS FOREVER! SEAGRAM'S 7 CROWN AMERICAN BLENDED WHISKEY CELEBRATES 'TIMELESS TASTE' IN NEW AD CAMPAIGN
- Rolling Out Six New Ads, Seagram's 7 Crown is Toasting to Timeless American Staples with an Icon in America – the 7&7 NEW YORK , July 1, 2024 /PRNewswire/ -- The 1970s: the decade that marked when Seagram's 7 Crown cemented its status as a classic in America – from dive bars to its own iconic 7&7 drink, and the advertisements that captured it all. Now, the number one American Blended Whiskey is giving those beloved ads a modern take while honoring the spirit of the era, reminding fans everywhere that great taste is timeless.
- 07/01/2024
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Diageo's US whisky Crown Royal could be dethroned
- The Diageo PLC (LSE:DGE) whisky brand Crown Royal, the company's largest in the US, has experienced a recent slowdown and it could be a worrying "inflection point" for the group. Analysts at Jefferies noted that NielsenIQ data indicates fading demand for Crown Royal as the influence of its blackberry variant launched in March dissipates.
- 07/01/2024
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How Does The Current Fall In Diageo Stock Compare With That During The 2008 Recession?
- The stock price of Diageo (NYSE: DEO) trades at $130 per share, about 40% below its peak level of over $220 seen in December 2021. In contrast, its peer Anheuser-Busch InBev stock (NYSE: BUD) saw a 2% decline over this period.
- 06/24/2024
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Legal cannabis sales eat into beer revenue, survey data shows
- Consumer surveys in Canada and the U.S. show that alcohol consumption is down in areas where adults have the option to consume legal cannabis, Bernstein analyst Nadine Sarwat said in a research note on Friday.
- 06/21/2024
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Are Diageo Shares A Buy After Their 35% Price Decline?
- Diageo's dividend has increased every year for more than 20 years, so it has an exceptional track record of progressive dividend growth. Diageo's declining equity is slightly odd because a growing company will usually be growing its equity, as that's the foundational source of funding upon which the rest of the business depends. Looking beyond the short-term headwinds, Diageo still operates in a very large and growing market.
- 06/15/2024
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U.S. Sen. Sheldon Whitehouse Just Bought Crown Castle Stock and Unloaded Diageo Stock.
- Diageo has been struggling, and management has forecast a weaker first half of 2024. Crown Castle has been exceeding analysts' estimates, and its shares are in the bargain bin.
- 06/14/2024
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Diageo (DEO), Tolaram Alliance to Aid Growth in Guinness Nigeria
- Diageo (DEO) benefits from its focus on improving productivity coupled with its diversified footprint, a solid portfolio of brands, innovation and pricing.
- 06/13/2024
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Crown Royal and FORVR Mood Co-Founder, Jackie Aina, Partner to Release Limited-Edition Candle Inspired by Popular New Flavor Crown Royal Blackberry Flavored Whisky
- The award-winning duo is celebrating their collaboration and success of the new flavored whisky launch with a two-day Crown Royal Blackberry Stand pop-up shop in Los Angeles NEW YORK , June 12, 2024 /PRNewswire/ -- Crown Royal is thrilled to announce an exciting new partnership with Beauty & Lifestyle Creator and Co-Founder of FORVR Mood, Jackie Aina. With bottles flying off the shelves nationwide, Crown Royal Blackberry Flavored Whisky has proven to be one of the brand's most popular flavor offerings.
- 06/12/2024
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21SEEDS Infused Tequila and LoveShackFancy Launch Limited-Edition Collaboration Cocktail Tote
- The Stylish Carryall Tote Bag Is The Perfect Cocktail Companion For The Summer NEW YORK , June 11, 2024 /PRNewswire/ -- Today, 21SEEDS Infused Tequila and LoveShackFancy are serving summer with the launch of a limited-edition, multifunctional cocktail tote bag. The collaboration came to fruition through a mutual love of fashion, fun, and a mission to create the ultimate summer accessory.
- 06/11/2024
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Zacks Industry Outlook AnheuserBusch InBev, Diageo, Constellation Brands, Molson Coors and The Boston Beer
- AnheuserBusch InBev, Diageo, Constellation Brands, Molson Coors and The Boston Beer have been highlighted in this Industry Outlook article.
- 06/10/2024
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5 Stocks in Focus as Alcohol Industry Faces Inflation Wrath
- The Beverages - Alcohol industry continues to be in the doldrums, thanks to commodity cost inflation resulting in higher input and packaging costs, and elevated marketing expenses. Innovation and premiumization place players like BUD, DEO, STZ, TAP and SAM in a favorable spot.
- 06/07/2024
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Diageo target downgraded as City analyst take more cautious view
- Diageo PLC (LSE:DGE) saw its price target clipped by Deutsche Bank, with the German financial institution taking a “more cautious” view of the London-listed share. Deutsche has a ‘Sell' rating for the Guiness and Smirnoff parent company, and, with a new target of £23.00 (down from £24.00) the bank sees around 14% downside to the current Diageo price of 2,672p.
- 06/07/2024
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TANQUERAY INVITES MARTINI LOVERS TO BOOK A TABLE AND MAKE IT 'FANCY HOUR' WITH A FIRST OF ITS KIND OPENTABLE PARTNERSHIP
- 'Fancy Hour' is Tanqueray's invitation to elevate the moment with a Tanqueray gin martini and hosts first 'Fancy Hour' with Rachel Zoe. NEW YORK , June 5, 2024 /PRNewswire/ -- If there's one thing Tanqueray knows, it's that the first drink sets the tone for the night, and a Tanqueray gin martini is the go-to drink for every fancy occasion.
- 06/05/2024
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CROWN ROYAL EXPANDS HORIZONS WITH NEW SINGLE MALT CANADIAN WHISKY EXPRESSION
- Distilled Delicately in Canada's Cool Climate, Crown Royal Single Malt Canadian Whisky is 'Cut from the Cold' NEW YORK , June 4, 2024 /PRNewswire/ -- Award-winning Canadian whisky brand, Crown Royal, is proud to continue their legacy of innovation with the release of Crown Royal Single Malt Canadian Whisky. This is the brand's first venture into the single malt market, and the liquid offers a unique experience to whisky connoisseurs and adventure-seekers alike.
- 06/04/2024
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Want Long-Term Gains? 3 Value Stocks to Build a Buffett-Style Portfolio
- Warren Buffett is by far the most well-known investor alive right now. The stocks he buys are looked at significantly more favorably by the market.
- 06/02/2024
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Diageo: Low Beta And Economic Moat Mean Long Upside
- Diageo's recent stock price underperformance may provide a long-term upside for patient investors. Diageo's Chinese and Indian subsidiaries might increase their core operating profit margin in the next 2-3 years. This is supported by premiumization and scale. Ongoing discount on Diageo's valuation, despite a quality asset-based portfolio. This means a buy.
- 06/01/2024
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3 Buyable Berkshire Dividend Dogs From May, Plus 6 To Watch
- This Berkshire/Buffett holdings list from Kiplinger first appeared 5/16/24 on the Berkshire Hathaway SEC Form-13F. Kiplinger, YCharts, and Dogs-Of-The-Dow all track this Berkshire batch. Here is your 5/28/24 update from YCharts data. 25 of 41 current Berkshire-owned-stocks pay dividends. As of 5/28/24 the top-ten ranged 2.22%-4.57% by annual yield and 36 of 41 ranged 0.51% to 69.04% by broker-estimated target-price-upsides. Analyst-estimated top-ten net gains from Berkshire's May divi-dogs ranged 13.56%-50.69% from TMUS, AON, OXY, MA, LEN, ALLY, DEO, CVX, KHC, and SIRI per YCharts.
- 05/30/2024
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JOHNNIE WALKER BLACK LABEL AND DEVEREUX GOLF DROP FIRST EVER CAPSULE COLLECTION TO CELEBRATE A NEW ERA FOR A TIMELESS DUO - SCOTCH & GOLF
- The 'Johnnie Walker Golf Collection' celebrates the game as it swings towards a more vibrant, accessible, fashionable and social future, reflecting the next generation of Scotch whisky drinkers and golfers NEW YORK , May 30, 2024 /PRNewswire/ -- Johnnie Walker, the world's number one blended Scotch whisky, is reigniting its roots in golf - a game it has been associated with for over a century - by bringing its bold, progressive spirit to the beloved game. 'The Johnnie Walker Clubhouse' – the brand's latest golf program – is designed to excite the next generation of 21+ golfers and celebrate a progressive new era of the sport, which has become more inclusive, vibrant, and straight up more fun.
- 05/30/2024
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CABGY or DEO: Which Is the Better Value Stock Right Now?
- Investors with an interest in Beverages - Alcohol stocks have likely encountered both Carlsberg AS (CABGY) and Diageo (DEO). But which of these two stocks is more attractive to value investors?
- 05/21/2024
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Meridian Wealth Management LLC Invests $256,000 in Diageo plc (NYSE:DEO)
- Meridian Wealth Management LLC bought a new stake in shares of Diageo plc (NYSE:DEO – Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 1,760 shares of the company’s stock, valued at approximately $256,000. Other large investors have also recently added to or reduced their stakes in the company. Planned Solutions Inc. acquired a new stake in shares of Diageo in the 4th quarter worth about $27,000. Addison Advisors LLC raised its holdings in shares of Diageo by 97.3% during the fourth quarter. Addison Advisors LLC now owns 217 shares of the company’s stock valued at $32,000 after buying an additional 107 shares during the last quarter. Criterion Capital Advisors LLC acquired a new position in shares of Diageo during the fourth quarter worth approximately $36,000. First Command Advisory Services Inc. bought a new position in Diageo in the 3rd quarter worth approximately $48,000. Finally, Orion Capital Management LLC acquired a new stake in Diageo in the 3rd quarter valued at approximately $60,000. 8.97% of the stock is owned by institutional investors and hedge funds. Diageo Stock Down 0.4 % Shares of DEO opened at $142.40 on Monday. Diageo plc has a one year low of $135.63 and a one year high of $179.78. The stock’s fifty day moving average is $143.22 and its 200-day moving average is $144.74. The company has a debt-to-equity ratio of 1.73, a current ratio of 1.58 and a quick ratio of 0.65. About Diageo (Free Report) Diageo plc, together with its subsidiaries, engages in the production, marketing, and sale of alcoholic beverages. It offers scotch, gin, vodka, rum, raki, liqueur, wine, tequila, Chinese white spirits, cachaça, and brandy, as well as beer, including cider and flavoured malt beverages. The company also provides Canadian, Irish, American, and Indian-Made Foreign Liquor whiskies, as well as ready to drink and non-alcoholic products. See Also Five stocks we like better than Diageo Best Stocks Under $5.00 JD’s Earnings Could Mean Chinese Stocks Making a Comeback Why Are Stock Sectors Important to Successful Investing? Canada Goose Flies Higher Driven By DTC Growth Dividend Screener: How to Evaluate Dividend Stocks Before Buying CVS Health Stock Has a Silver Lining Called Value
- 05/20/2024
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Diageo plc (NYSE:DEO) Shares Sold by Beacon Pointe Advisors LLC
- Beacon Pointe Advisors LLC decreased its holdings in shares of Diageo plc (NYSE:DEO – Free Report) by 3.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,436 shares of the company’s stock after selling 569 shares during the quarter. Beacon Pointe Advisors LLC’s holdings in Diageo were worth $2,103,000 as of its most recent SEC filing. A number of other hedge funds have also modified their holdings of the business. Planned Solutions Inc. purchased a new stake in Diageo in the 4th quarter valued at about $27,000. Addison Advisors LLC raised its stake in shares of Diageo by 97.3% in the 4th quarter. Addison Advisors LLC now owns 217 shares of the company’s stock valued at $32,000 after acquiring an additional 107 shares during the period. Criterion Capital Advisors LLC acquired a new position in shares of Diageo in the 4th quarter worth approximately $36,000. First Command Advisory Services Inc. purchased a new position in shares of Diageo during the 3rd quarter worth approximately $48,000. Finally, Orion Capital Management LLC purchased a new position in shares of Diageo during the 3rd quarter worth approximately $60,000. 8.97% of the stock is currently owned by institutional investors and hedge funds. Diageo Stock Down 0.4 % Shares of NYSE DEO opened at $142.40 on Monday. The company has a quick ratio of 0.65, a current ratio of 1.58 and a debt-to-equity ratio of 1.73. Diageo plc has a twelve month low of $135.63 and a twelve month high of $179.78. The stock has a fifty day simple moving average of $143.22 and a 200-day simple moving average of $144.74. Diageo Profile (Free Report) Diageo plc, together with its subsidiaries, engages in the production, marketing, and sale of alcoholic beverages. It offers scotch, gin, vodka, rum, raki, liqueur, wine, tequila, Chinese white spirits, cachaça, and brandy, as well as beer, including cider and flavoured malt beverages. The company also provides Canadian, Irish, American, and Indian-Made Foreign Liquor whiskies, as well as ready to drink and non-alcoholic products. See Also Five stocks we like better than Diageo Conference Calls and Individual Investors Canada Goose Flies Higher Driven By DTC Growth Investing In Automotive Stocks CVS Health Stock Has a Silver Lining Called Value When to Sell a Stock for Profit or Loss Magnificent 7 Still Magnificent as the Halfway Mark Approaches? Want to see what other hedge funds are holding DEO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Diageo plc (NYSE:DEO – Free Report).
- 05/20/2024
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Productivity Actions Drive Diageo (DEO) Amid Cost Woes
- Diageo plc DEO has been in a good spot, thanks to its focus on improving productivity, along with its diversified footprint, advantaged portfolio of brands, innovation and marketing investments, and pricing initiatives. Moreover, DEO looks well-poised for growth, driven by strength in the overall beverage industry.
- 05/16/2024
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Diageo: AI Won't Change How We Drink
- Diageo's dividend yield is currently above its historical average and +1 standard deviation level, indicating an extreme valuation compression. While the company faces near-term headwinds, such as a decline in EPS and challenges in Latin America, its long-term growth potential and consistent profitability support a positive outlook. It is as close to an equity bond as we can think of.
- 05/15/2024
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OLD PARR SCOTCH WHISKY AND BRAZILIAN FÚTBOL LEGEND ROBERTO CARLOS ARE OFFERING FANS A CHANCE TO WIN A TRIP TO MIAMI FOR THE BIGGEST FÚTBOL EVENT OF THE SUMMER
- Ahead of the most anticipated fútbol tournament of the year, the scotch whisky brand is celebrating the 'Goalden Moments' of the sport, pouring hometown pride both on and off the pitch across the U.S. with the ultimate finals weekend celebration. NEW YORK , May 14, 2024 /PRNewswire/ -- Old Parr Scotch Whisky is getting ready to celebrate one of the biggest South American fútbol events of the year by raising a glass to Latinos across the U.S. pouring the spirit of their home country with pride.
- 05/14/2024
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Lone River Serves Up a New Look, Flavor and Spirit of the Modern West Ahead of Country Music's Big Celebration in Texas
- Introducing the Lone River Collective, a One-Stop Destination for the Ultimate Western Experience Featuring Country Powerhouse Miranda Lambert with Performances by Ashley Cooke and Kameron Marlowe NEW YORK , May 9, 2024 /PRNewswire/ -- Lone River rolls into the Lone Star State serving up fresh new flavor and possibilities in a one-of-a-kind celebration of the modern West and those who embody its unique spirit. Ahead of one of country music's biggest nights, Lone River will raise a can to its flavor-forward new look and delicious NEW Blackberry Ranch Water at the first-ever Lone River Collective.
- 05/09/2024
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Diageo: A Dividend Gem Amid 2024 Challenges
- Diageo presents an attractive investment opportunity with its undervalued stock price and strong history of consistent dividend payouts. The company is facing challenges in 2024 due to fluctuating foreign exchange rates and destocking in Latin America, but its strategic adaptability positions it well for future recovery. DEO's focus on enhancing operational efficiencies and expanding its product portfolio suggests promising growth potential in the post-pandemic landscape.
- 05/07/2024
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Lagavulin and Nick Offerman Unite Sweetness and Smoke With New Lagavulin Offerman Edition: Caribbean Rum Cask Finish Aged 11 Years
- Finished in Ex-Caribbean Rum Casks, the Fourth Limited-Edition Scotch Whisky From The Longtime Partners Merges the Flavors of the West Indies and Western Scotland for a Delightful Mix of Sweet and Smoky NEW YORK , May 6, 2024 /PRNewswire/ -- Nick Offerman, ever the intrepid voyager, has embarked on another odyssey, this time to reveal his fourth limited-edition collaboration with Lagavulin Single Malt Scotch Whisky. Inspired by Nick's deep-seated affinity for maritime adventure, this new liquid isn't just a whisky – it's a journey across seas and flavors.
- 05/06/2024
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Diageo chooses Coca-Cola exec as new CFO
- Diageo PLC (LSE:DGE) has appointed Nik Jhangiani as chief financial officer in place of Lavanya Chandrashekar, who will step down after three years in the role. Chandrashekar will also leave the board after six years with the drinks supplier.
- 05/03/2024
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Diageo PLC Announces Nik Jhangiani to Join Diageo as CFO
- This announcement contains inside information LONDON, UK / ACCESSWIRE / May 3, 2024 / Diageo plc ('Diageo') today announces that Nik Jhangiani will join the company as Chief Financial Officer, taking up the position and joining Diageo's Board and Executive Committee in Autumn 2024. Lavanya Chandrashekar will step down from the Executive Committee and Board at the same time after three years as Chief Financial Officer and six years with the company, and will return to the US.
- 05/03/2024
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GEORGE DICKEL UNVEILS LATEST ADDITION TO AWARD-WINNING BOTTLED IN BOND WHISKY SERIES
- The Latest George Dickel Bottled in Bond Offering Wins Double Gold at the San Francisco World Spirits Competition Before Hitting Shelves this May TULLAHOMA, Tenn. , May 1, 2024 /PRNewswire/ -- In 2019, George Dickel made waves in the whisky community with the debut of the George Dickel Bottled in Bond series.
- 05/01/2024
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Stock Market Crash Alert: 3 Must-Buy Consumer Stocks When Prices Plunge
- The market has been getting bumpier in recent weeks. Investors have grown more worried as the intermediate-term outlook for stocks has become cloudier.
- 04/30/2024
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Bulleit Frontier Whiskey Kicks Off Glass Recycling, 'Don't Trash Glass,' at Kentucky Distillery
- Building on the partnership's success in its first year, Bulleit brings Diageo's bar and restaurant glass recycling initiative to its home state. LOUISVILLE, Ky.
- 04/29/2024
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7 Blue Chip Sin Stocks Can Deliver Huge Passive Income
- If you want your portfolio to pay you cash like clockwork, it's time to stop blindly following conventional wisdom like relying on Dividend Aristocrats.
- 04/27/2024
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Tequila Don Julio Brings Modern Mexican Culture to a National Stage with 'A Summer of Mexicana'
- As Música Mexicana continues to rise, Sony Music Latin artists joins Tequila Don Julio in spotlighting the Mexican creatives behind the art NEW YORK , April 23, 2024 /PRNewswire/ -- Now more than ever, Mexican culture is making its global mark as seen in the meteoric rise of Música Mexicana which has become one of Spotify's most popular genres with 47% growth in streams globally over the last year alone. To help keep la fuerza of Mexico alive this summer, Tequila Don Julio is introducing ' A Summer of Mexicana ' to celebrate and spotlight inspiring Mexican creatives who live Por Amor.
- 04/23/2024
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Diageo still a sell as tequila adds to woes, brokers suggest
- Diageo boosted US spirits growth in the second half of its financial year data from Nielsen and NABCA suggests, notes Deutsche Bank. But most of this growth year-to-date has been in flavour extensions, adds the bank.
- 04/22/2024
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10 High-Yield Dividend Aristocrats Perfect For An Uncertain Market
- Volatility in the stock market is normal and healthy, with average yearly gains of 22% in positive years and average peak intra-year declines of -14%. Dividend aristocrats, which have lower volatility than the overall market, can be a good investment during market downturns. The ten lowest-volatility aristocrats offer a 3.1% average yield, a 50-year dividend growth streak, and an A-credit rating. Since 2007, they have fallen 50% less than the S&P during bear markets.
- 04/20/2024
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This Ridiculously Cheap Warren Buffett Stock Could Make You Richer
- Diageo is arguably the most powerful alcohol company in the world. The London-based global business should steadily grow and pay dividends.
- 04/18/2024
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CÎROC Limonata Invites you to Experience a Vacation to the Mediterranean in a City Near You
- This summer, the Makers of CÎROC Ultra-Premium Vodka are bringing the vacation vibes right to you with a chance to win the ultimate Amalfi Coast Yacht experience in Miami! NEW YORK , April 17, 2024 /PRNewswire/ -- New CÎROC Limonata continues its latest campaign just in time for the summer – Escape with Flavor.
- 04/17/2024
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CROWN ROYAL JOINS 2X ACM ENTERTAINER OF THE YEAR NOMINEE KANE BROWN AS THE OFFICIAL WHISKY OF THE 'IN THE AIR' TOUR
- The Award-Winning Whisky Brand Announces the That Deserves a Crown With Kane Brown Contest In Support of Veterans NEW YORK, April 16, 2024 /PRNewswire/ -- Just in time for the warmer months, Crown Royal has partnered with award-winning, multi-platinum country music artist, Kane Brown , as the official whisky of Brown's In The Air Tour. The brand is joining the current ACM Entertainer of the Year Nominee across the country as part of this exclusive sponsorship, bringing its award-winning whisky and Purple Bag Project to several tour stops.
- 04/16/2024
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U.K. Top 40 Quality Dividend Stocks: Q2 2024
- The list ranks stocks based on their market cap and dividend yield alone. What I am looking for is quality dividend stocks with long track records of progressive dividend growth, and while dividend yield is still important, it's a secondary consideration.
- 04/12/2024
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Diageo tequila boost not enough to change sell rating, says Deutsche Bank
- Diageo has seen some much-needed good news with the price of a key ingredient in Tequila down by 85% from its peak in late 2022. Analysts at Deutsche Bank however don't see that as sufficient for them to change their sell recommendation, with Campari likely to see a bigger benefit.
- 04/12/2024
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Diageo's (DEO) Strategic Endeavors on Track: Stock to Gain
- Diageo (DEO) has been in a good spot, thanks to its strong brand portfolio, premiumization efforts, cost management plans, innovation and marketing investments.
- 04/10/2024
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5 Alcohol Stocks to Watch Amid Wavering Industry Trends
- The Beverages - Alcohol industry has been in troubled waters due to adverse trends like inflation, higher input and packaging costs, and elevated marketing expenses. Persistent innovation, premiumization and innovation place players like BUD, DEO, STZ, BF.B and TAP in a favorable spot.
- 04/10/2024
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Meet Europe's Mag 18. Novo Nordisk Stock, ASML, and Others Can Rival the Mag Seven.
- The Mag Seven stocks have powered gains in the U.S. market. Now, the hunt is on for an equivalent group of outperformers elsewhere.
- 04/09/2024
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TAP or DEO: Which Is the Better Value Stock Right Now?
- Investors interested in stocks from the Beverages - Alcohol sector have probably already heard of Molson Coors Brewing (TAP) and Diageo (DEO). But which of these two stocks presents investors with the better value opportunity right now?
- 04/08/2024
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Dividend Monsters That Warren Buffett Loves
- If any investor has stood the test of time, it is Warren Buffett, and with good reason.
- 03/23/2024
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TAP vs. DEO: Which Stock Is the Better Value Option?
- Investors with an interest in Beverages - Alcohol stocks have likely encountered both Molson Coors Brewing (TAP) and Diageo (DEO). But which of these two stocks offers value investors a better bang for their buck right now?
- 03/22/2024
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St. Paddy's Day Picks: 3 Stocks to Shamrock Your Returns
- These are three St. Patrick's Day stocks for investors to add to their portfolios. I believe these companies will see a boost in sales and consumer interest around the March 17th holiday celebrating Irish culture.
- 03/19/2024
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Happy St. Patrick's Day! Top 3 alcohol stocks to cheer for right now
- The day of shamrocks, wearing green and making merry is upon us – it's officially St. Patrick's Day. So, we thought we'd get into the spirit of things by rounding up the three cheeriest alcohol stocks to toast this March 18th.
- 03/18/2024
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The 3 Most Undervalued Warren Buffett Stocks to Buy in March 2024
- We all know that the Oracle of Omaha offers great investment advice so it stands to reason that undervalued Warren Buffett stocks may be one of the most compelling ideas to consider. Here's what I like about this particular investment category.
- 03/17/2024
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3 Companies With Strong Irish Operations
- One of Diageo's biggest brands shares a very special symbol with the country of Ireland. Medtronic acquired an Irish company and then found the island a great place to settle.
- 03/17/2024
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Diageo: Not As Bad As It's Made Out To Be
- Diageo: Not As Bad As It's Made Out To Be
- 03/16/2024
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Pricing & Productivity Plans Keep Diageo (DEO) on Growth Track
- Diageo (DEO) is a stock to watch amid the challenging macro environment, thanks to its diversified footprint, advantaged portfolio, strong brands, pricing initiatives and productivity savings.
- 03/12/2024
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4 Warren Buffett Stocks to Hold Forever
- Consumer spending is the engine of the U.S. economy. Consumer stocks are plentiful in Berkshire Hathaway's portfolio.
- 03/05/2024
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The Sober Curious Surge: 3 Stocks to Buy for the Non-Alcoholic Beer Boom
- Although Dry January is well behind us, the non-alcoholic (NA) beer market is booming. Fortune recently reported that the global non-alcoholic beer market was valued at $22 billion in 2022.
- 02/26/2024
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How Diageo creates the drinks and brands of the future
- CNBC's Arabile Gumede goes inside one of Diageo's R&D centers in England, where new variations of Smirnoff, Tanqueray and Baileys were created.
- 02/24/2024
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How AI informs Diageo's R&D and media spend, according to the company's CMO
- Drinks conglomerate Diageo's Chief Marketing officer, Cristina Diezhandino, tells CNBC's Arabile Gumede how data and AI is used to within different areas of the business.
- 02/23/2024
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Diageo is reportedly interested in selling its iconic Pimm's brand
- Diageo plc (LON: DGE) is reportedly interested in unloading its iconic Pimm's brand. Shares of the alcoholic beverages company are slightly in the red at writing.
- 02/22/2024
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Diageo mulls sale of Pimm's
- Pimm's, the classic English summer drink, has been put up for sale by its owner Diageo PLC (LSE:DGE), along with two other brands. The FTSE 100 drinks giant has hired bankers at Rothschild to explore the sale, with Diageo having owned the gin-based fruity liqueur since its inception back in 1997.
- 02/22/2024
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Diageo CMO: Iconic Guinness ads inspire our future
- Cristina Diezhandino, chief marketing officer of Diageo, the company behind brands including Guinness, discusses the stout's legacy and the changing advertising landscape.
- 02/22/2024
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CABGY vs. DEO: Which Stock Is the Better Value Option?
- Investors looking for stocks in the Beverages - Alcohol sector might want to consider either Carlsberg AS (CABGY) or Diageo (DEO). But which of these two stocks offers value investors a better bang for their buck right now?
- 02/08/2024
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47 Stocks From Bloomberg's Dividend Focus For 2024
- January 15, Bloomberg Business Week published The Year Ahead special edition. 50 stocks therein touted as “Companies to Watch". YCharts produced this list of January 47 stocks; of which, 32 Pay dividends and 12 measure-up to the dogcatche-ideal of promising dividend-payouts, from $1k invested, greater-than their single-share prices. How're they doin' now? The top-ten Divvy 32 for January ranged 4.09% to 8.59% in annual-yield and ranged 10.87% to 62.07% in one-year price-target-upsides per brokers as of 1/29/24.
- 02/01/2024
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Diageo (DEO) 1H24 Sales & Earnings Decline Y/Y, View Bleak
- Diageo (DEO) 1H24 results decline on soft performances in North America and LAC. Soft sales, lower organic operating profit and higher finance charges hurt earnings.
- 01/31/2024
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Diageo cut again at Deutsche Bank which fears more pain to come
- Diageo's first-half results were below consensus and Deutsche Bank says the debate now is whether the latest cuts to forecasts will be the last negative revision. In its view the answer is no, with US challenges increasingly looking more structural than cyclical “We strongly suspect there will be more disappointment to come”.
- 01/31/2024
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Diageo PLC (DEO) Q2 2024 Earnings Call Transcript
- Diageo PLC (DEO) Q2 2024 Earnings Call Transcript
- 01/30/2024
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Diageo CEO: Premiumization is the right strategy
- Debra Crew, CEO of the British alcoholic beverage company, says the market is not seeing "linear progression."
- 01/30/2024
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Diageo's spirits sales slump on Latin America and Caribbean slowdown
- Shares in Diageo dropped on Tuesday after the Guinness seller said a slump in sales of expensive spirits in its Latin America and Caribbean segment offset a surge in sales of beer in Europe and Africa driven by soaring demand for Guiness.
- 01/30/2024
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Diageo Shares Fall 4% As Latin And Caribbean Weakness Dents Sales
- Diageo's share price dropped again as the drinks manufacturer reported continued stress in its Latin America and Caribbean (LAC) territory in its half-year update.
- 01/30/2024
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Diageo sales and profit hit by Latin American & Caribbean drop
- Diageo PLC (LSE:DGE) on Tuesday reported a drop in half-year revenue and operating profit reflecting a 23% decline in Latin America & Caribbean (LAC) sales. The owner of Guinness, Johnnie Walker and Smirnoff said sales in the half-year ended December fell 1.4% to $11.0 billion, with organic sales down 0.6%, driven by a 23% decline in LAC.
- 01/30/2024
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Sobering financial results from Diageo shows alcoholic earnings under pressure
- United Kingdom corporation Diageo announced its 2024 interim results before markets opened on January 30th. Diageo (DGE on the FTSE stock exchange in London) is one of the world's premier brands in the alcoholic drinks space.
- 01/30/2024
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4 Buyable Buffett Dividend Dogs In January
- This Buffett holdings list from Kiplinger first appeared 11/14/23 on the BKH SEC Form 13F. Kiplinger, YCharts, and Dogs of the Dow all track this BKH batch. Here is your. 27 of 45 current BKH-owned stocks pay dividends. As of 1/25/24, the top-ten ranged 2.5%-4.29% by annual yield and 34 of 45 ranged -11.35% to 56.06% by broker-estimated target price upsides. Analyst-augured top-ten net gains from Buffett's January dividend dogs ranged 11.13%-22.07% from KR, KO, DEO, OXY, TMUS, BAC, DHI, C, JEF, and CVX per YCharts data.
- 01/28/2024
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Diageo: A Stalwart, Finally "On Sale"
- The author sold their position in Diageo in 2022 but now believes the stock is undervalued and recommends buying with a significant upside. Diageo has a strong portfolio of spirits and beer brands and a global presence, with sales in over 180 countries. Despite short-term uncertainty and potential risks, Diageo's strong financial performance and potential for future growth make it an attractive investment.
- 01/27/2024
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Diageo in high spirits after LVMH, Remy Cointreau updates
- Diageo PLC (LSE:DGE) on Friday led the FTSE 100 risers after investors took heart from results from LVMH and Remy Cointreau. LVMH's Wines & Spirits business delivered organic sales growth in the fourth quarter after declining in the two previous quarters.
- 01/26/2024
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Here's What's in Store for Diageo (DEO) in 1H24 Earnings
- Diageo's (DEO) first-half fiscal 2024 results are likely to reflect gains from a diversified footprint, advantaged portfolio, strong brands and favorable industry trends of premiumization.
- 01/24/2024
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Cramer's Stop Trading: Diageo
- CNBC's Jim Cramer explains why he is keeping an eye on shares of Diageo plc.
- 01/17/2024
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Rapper P Diddy withdraws allegations against Diageo
- Spirits giant Diageo said that it had settled its row with rapper Sean Combs, better known as P Diddy, over the marketing of his Ciroc Vodka and DeLeon Tequila. In a statement, Diageo said Combs had withdrawn all of his allegations about Diageo and would voluntarily dismiss his lawsuits against the company with prejudice.
- 01/16/2024
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Diageo Settles Disputes With Rapper Diddy
- The liquor maker said Combs has withdrawn all of his allegations about Diageo and will voluntarily dismiss his lawsuits against the company with prejudice.
- 01/16/2024
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Diageo hangover will get worse predicts seller Deutsche Bank
- New Year has brought no cheer for Diageo with Deutsche Bank following up its ‘sell' note of November with another brutal update reiterating the message. Deutsche Bank was a seller even before the Guinness, Johnnie Walker and Smirnoff group's profit warning that month and its latest update suggests things have gotten worse since then.
- 01/16/2024
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HEINY vs. DEO: Which Stock Is the Better Value Option?
- Investors interested in Beverages - Alcohol stocks are likely familiar with Heineken NV (HEINY) and Diageo (DEO). But which of these two companies is the best option for those looking for undervalued stocks?
- 01/15/2024
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Diageo to lose out to brewers Carlsberg and Heineken – analyst
- Diageo PLC (LSE:DGE), the spirits company, has been downgraded from a ‘buy' to ‘neutral' by analysts at the Bank of America. The US bank expects the beverage sector to face a tough 2024 due to suppressed consumer spend on both sides of the Atlantic, foreign exchange headwinds and the risk of tariffs on Cognac in China.
- 01/11/2024
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Diageo: Why I Expect A Rebound For This SWAN Stock
- Diageo's share price has dropped during the last two years, making it cheaper than some of its most important peers. At the same time, the company is still steadily growing its revenue, earnings and dividend. Although there are risks and some problems with the market in Latin America and the Caribbean, these seem manageable.
- 01/08/2024
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Final Trade: NVDA, DEO, MAR, MKTX
- The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
- 01/05/2024
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Bear of the Day: Diageo (DEO)
- Earnings are slumping down as sales struggle to keep up with the boom times of COVID.
- 12/28/2023
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Whisky gets a break from tariffs: Here's what you need to know
- CNBC's Emily Wilkins and Brandon Gomez join 'Squawk on the Street' to discuss the tariffs being lifted on American whisky.
- 12/27/2023
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Buffett's 4 Dividend Buys For December
- The article discusses the dividend-paying stocks in Warren Buffett's Berkshire Hathaway portfolio. It highlights three stocks - The Kraft Heinz Co, Ally Financial Inc, and HP Inc - that have annual dividends exceeding their single share prices. The article also provides projected net gains for ten top Buffett-held dividend stocks by December 2024.
- 12/26/2023
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4 'Sin Stocks' With Moral Implications
- "Sin stocks" are shares in companies involved in activities considered unethical, such as alcohol, tobacco, gambling, adult entertainment, or weapons. Certain investors tend to exclude sin stocks, but different cultures have different opinions on what constitutes a sin. Investors should always consider the core activities and financial performance of companies before making investment decisions.
- 12/09/2023
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AstraZeneca, Diageo, Lloyds & other UK Banks: What London's brokers had to say today
- Here's our daily round-up of what's been doing the rounds in the Square Mile.
- 12/06/2023
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Diageo looking to offload beer brands, but not Guinness
- Diageo PLC (LSE:DGE) is looking for buyers for its beer brands, apart from Guinness, after falling to a three-year low on the back of a profit warning last month. The lower profits from beer are diluting the margins from the FTSE 100-listed giant's pirits business, a report from Axios said.
- 12/06/2023
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Diageo on the pre-Christmas 'sell' list - here's why
- UBS has reignited its coverage of Diageo PLC (LSE:DGE), the marker of Smirnoff Vodka and Baileys, with a 'sell' recommendation, painting a picture of uncertainty and potential challenges for shares in a company that has long been a staple in the portfolios of many investors. Valuation is at the heart of the move from 'neutral' with the stock trading at around a 12% premium to other companies in the staples sector.
- 12/06/2023
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Diageo still on the downgrade list for two top brokers
- Diageo is still getting downgrades following its warning last month with both RBC and Deutsche Bank suggesting there is more disappointment to come from the beer and spirits group. With its 5-7% revenue growth guidance under threat, the 5-7% profit growth goal is likewise too high says RBC, adding that's before even considering the prospect of additional excessive inventory in the supply chain.
- 12/04/2023
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Warren Buffett's 5 Dividend Buys For November
- This Warren Buffett holdings list from Kiplinger first-appeared 11/14/23 on the Berkshire Hathaway SEC Form-13F. Kiplinger, YCharts, and Dogs-of-The-Dow all track this batch. Here is your update from 11/17/23 YCharts data. 27 of 45 current Berkshire-owned-stocks pay dividends. As of 11/17/23 the top-ten ranged 2.7%-4.73% by annual-yield and 39 of 45 ranged 2.18% to 63.69% by broker-estimated target-price-upsides. Analyst-augured top-ten net-gains from Buffett's November dividend dogs ranged 14.16%-28.61% from KO, ALLY, C, OXY, DEO, KHC, TMUS, JEF, KR, and top pick CVX per YCharts data.
- 11/21/2023
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Dividend Income Update October 2023
- Without rehashing the wild ride we experienced in the market the last couple of months with triple digit gains and losses, I could find comfort in one thing, my dividends. Dividends may not increase every year and a cut or elimination is even possible, but the odds are greatly reduced when you diversify among different companies and sectors and focus on dividend quality. Another four-digit month came in this year. As you can imagine, I am quite happy seeing that.
- 11/14/2023
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Diageo hangover to continue for time say City banks
- Spirits group Diago might have more bad news to come for investors, according to two top City brokers. Shares in the Johnnie Walker, Guinness and Smirnoff group tanked 15% on Friday as it warned of slowing growth in Latin America/Caribbean, a region that accounts for around 11% of sales.
- 11/13/2023
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3 Thanksgiving Stocks You'll Be Grateful You Bought
- It's time to start thinking about Thanksgiving stocks. Thanksgiving is both one of the country's most celebrated holidays and also an important economic moment.
- 11/11/2023
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Why Diageo Stock Dropped on Friday
- The alcoholic beverage company said consumers in one region are trading down to cheaper brands. The news came ahead of an investor event next week.
- 11/10/2023
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Diageo Shares Plunge As Maker of Guinness, Johnny Walker Issues Warning on Profit
- American Depositary Receipts (ADRs) of Diageo Plc (DEO) plunged after the world's largest spirits maker warned its profit and revenue will be hurt by falling demand in Latin America and the Caribbean.
- 11/10/2023
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Jack Daniel's parent Brown-Forman's stock falls after sales warning from Johnnie Walker parent Diageo
- Shares of Jack Daniel's parent Brown-Forman Corp. BF.B, -3.31% fell 3.1% in morning trading Friday, following a sales warning from rival Diageo PLC DEO, -14.55% DGE, -14.92%, which owns the Johnnie Walker whisky and Guinness beer brands. The U.S.-listed stock of Diageo tumbled 14.4% toward a three-year low, after the U.K.-based company said the lowered sales outlook was due to a big drop in demand in Latin America and the Caribbean.
- 11/10/2023
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Diageo (DGE) stock plummets following trading statement
- Diageo PLC (LON: DGE), a prominent British multinational alcoholic beverage company, witnessed a sharp decline in its stock price today, dropping by 15.04% or 483.50 points. As of 13:14:49 UTC, the stock is trading at GBX 2,761.50.
- 11/10/2023
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Diageo's Share Price Topples 13% As It Cuts Sales And Profit Guidance
- FTSE 100 drinks giant Diageo tumbled as trouble in its Latin America and Caribbean market forced it to reduce forecasts.
- 11/10/2023
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Diageo warns of slower growth as Caribbean sales lack punch
- Diageo PLC (LSE:DGE) has warned of slower growth in the second of the year after a “materially” weaker performance in Latin America and Caribbean sales. The spirits manufacturer said organic sales in Latin America and Caribbean (LAC), which is nearly 11% of Diageo's net sales value, are now expected to decline by more than 20%, year-on-year, in the first half of financial 2024.
- 11/10/2023
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Diageo gets downgrade from Deutsche Bank ahead of investor day
- Diageo has received a share price downgrade from analysts at Deutsche Bank, who argue that no news from Johnnie Walker and Smirnoff group is not a good sign. True, a capital markets day is scheduled for 15 November, but Deutsche Bank believes it is unlikely Diageo will alter its medium-term guidance of 5-7% organic sales growth and 6-9% organic operating profit growth for the years 2023-25.
- 11/07/2023
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9 Once-In-A Lifetime Blue-Chip Opportunities Yielding As Much As 10%
- For weeks, I have pounded the table about the historic opportunity in REITs. The fundamentals were clear that now was the best time in 14 years to buy REITs. Last week, stocks ripped 6% higher, and REITs soared 9%, powered by falling rates that were the only reason REITs had fallen. Today, there is another Warren Buffett-style "fat pitch" opportunity staring at you in plain sight. UK Stocks are trading at 10X earnings and 7X cash-adjusted earnings, a 30% historical discount.
- 11/07/2023
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Diageo Targets Robust Market Share And Market Growth In Spirits
- Diageo plans to grow its market share from 4.7% to 6% by 2030 through a strategy of premiumization. The global alcoholic beverage market is expected to grow at a CAGR of 10.3% to 2028. Diageo's focus on premium and super-premium brands, positions it for growth in the expanding market.
- 11/05/2023
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A Fleeting Opportunity To Upgrade Your Dividend Portfolio Quality
- Dividend investors have a chance to upgrade their portfolios with high-quality dividend growth stocks at bargain prices. The recent drop in long-term interest rates and rebounding of high-quality dividend growth stocks mean that this buying opportunity may be fleeting. I explain my "quality at a reasonable price" strategy and provide examples of both a low-quality stock I sold this year and several high-quality dividend stocks I recently bought.
- 11/04/2023
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Reckitt and Diageo favoured by JP Morgan as investors seek 'safety' in consumer staples
- Investors are turning defensive in the consumer stocks sector, according to JP Morgan with evidence from the latest quarterly earnings season suggesting specific equity stories are now in vogue. Growth slowed with a volumes recovery languishing and earnings momentum negative with most downside from Spirits.
- 11/02/2023
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Top 3 Stocks to Buy in a Recession: November Edition
- The stock market has entered a correction. The S&P 500 has slipped 10% from its prior highs, falling back to levels last seen in May.
- 10/31/2023
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'Buy' 2 Undervalued Food And Drink Companies
- Diageo and Flowers Foods are two superb companies in the consumer goods sector - one in bread and one in spirits/alcohol. I own both of these businesses, and I'm currently adding more shares to the businesses due to continued undervaluation. DEO and FLO are currently both at "BUY" ratings - and consider the company to have upsides of over 20%, both of them, over the next 3 years.
- 10/28/2023
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Warren Buffett's Buying This Passive-Income Stock. Should You?
- Berkshire Hathaway initiated a tiny position in alcohol beverage giant Diageo earlier this year. Diageo pays a semiannual dividend, representing a 2.6% dividend yield.
- 10/25/2023
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High Moat Companies And Mexico's Long-Term Story With Ian Bezek
- Ian Bezek favors high moat companies and stable, consistent businesses with durable advantages.
- 10/19/2023
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TAP or DEO: Which Is the Better Value Stock Right Now?
- Investors with an interest in Beverages - Alcohol stocks have likely encountered both Molson Coors Brewing (TAP) and Diageo (DEO). But which of these two stocks presents investors with the better value opportunity right now?
- 10/03/2023
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Top 4 Defensive Stocks That Could Lead To Your Biggest Gains In October - B&G Foods (NYSE:BGS), Diageo (NYSE:DEO)
- The most oversold stocks in the consumer staples sector presents an opportunity to buy into undervalued companies.
- 10/03/2023
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Diageo raising $1.7bn in bond issue as operating challenges persist
- Diageo PLC (LSE:DGE) is looking to beef up its balance sheet by raising US$1.7 billion via a twin US bond issue after last week reporting the ongoing challenges in its market. Shares in the maker of alcoholic drinks including Smirnoff, Johnnie Walker, Bailey's and Guinness have fallen roughly 17% to 3,001.5p so far this year.
- 10/03/2023
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Here are the 12 stocks Jim Cramer is watching, including a dire consumer forecast
- Here are some of the tickers on my radar for Thursday, Sept. 28, taken directly from my reporter's notebook.
- 09/28/2023
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Diageo update should reassure, says Bank of America
- Diageo's trading statement was a case of no news is good news, according to Bank of America. The bank felt the update should provide some reassurance and evidence of growth acceleration in the second half should support a re-rating.
- 09/28/2023
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Diageo confident of hitting targets despite economic uncertainty
- Diageo PLC (LSE:DGE) remained confident of delivering medium-term targets despite a challenging operating environment. The spirits maker, which owns Johnnie Walker, Smirnoff and Guinness, said it was well-positioned to deliver its medium-term guidance for financial 2023 to financial 2025 of organic net sales growth consistently in the range of 5% to 7% and organic operating profit growth sustainably in the range of 6% to 9%.
- 09/28/2023
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Don't Miss the Boom: 3 Consumer Stocks Set to Explode Higher
- When you hear consumer stocks in an environment like this one, you automatically think of the negatives. After all, consumers are in a sticky situation as they grapple with persistently high inflation, wages that can't keep up, and the threat of a prolonged recession.
- 09/27/2023
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Diageo, RELX - Are they the pick of the defensive stocks?
- In a climate of rising inflation and tightening monetary policy, investors are on the hunt for stocks that can withstand economic turbulence. Mark Nelson, senior equity analyst at Killik & Co, offers a curated list of five stocks that stand as bastions of resilience: RELX, SSE, Diageo, TJX, and Universal Music Group.
- 09/07/2023
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ABEV or DEO: Which Is the Better Value Stock Right Now?
- Investors looking for stocks in the Beverages - Alcohol sector might want to consider either Ambev (ABEV) or Diageo (DEO). But which of these two stocks is more attractive to value investors?
- 09/04/2023
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Growth Efforts to Aid Diageo (DEO) Amid Inflationary Pressures
- Diageo (DEO) looks poised for growth on a solid business momentum, driven by premiumization efforts, recovery across markets, pricing actions and supply productivity savings amid inflation woes.
- 08/30/2023
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Diageo and Reckitt the stand outs as JP Morgan goes defensive
- Analysts at JP Morgan are getting twitchy over equity markets for the remainder of the year and so are going full-on defensive with their stock choices. Consumer staples with pricing power have proved their worth over the past six months and are likely to do so again, says the US bank, which highlights two-thirds of forms in the sector beat forecast sales and margins in the first half of this year.
- 08/21/2023
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ABEV vs. DEO: Which Stock Is the Better Value Option?
- Investors interested in stocks from the Beverages - Alcohol sector have probably already heard of Ambev (ABEV) and Diageo (DEO). But which of these two stocks presents investors with the better value opportunity right now?
- 08/17/2023
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The 3 Best Beer Stocks to Buy Following the Bud Light Brouhaha
- Halfway through August, it's been a crazy summer for the beer industry. While painful to watch, the entire Bud Light brouhaha has brought into focus some of the best beer stocks to buy on the planet.
- 08/15/2023
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Diageo: A Boring Business With A Premium Future Ahead
- Diageo is the largest holding and distributor of alcoholic beverages, with a diverse portfolio of renowned brands. The company is focused on premiumization and expanding its presence in fast-growing segments like tequila. Diageo aims to gain market share in the highly fragmented alcoholic beverages market through disciplined capital allocation and strategic acquisitions.
- 08/13/2023
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Diageo (DEO) FY23 Results Gain From Productivity Efforts
- Diageo's (DEO) fiscal 2023 results reflect gains from a robust portfolio of brands, a diversified presence, cost productivity savings and premiumization.
- 08/02/2023
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Is Guinness Diageo's next champion brand?
- Diageo PLC (LSE:DGE), the drinks manufacturer, owns almost every big spirit brand in the world – or at least it seems that way – from high-end Vodkas like Ciroc to smaller beers such as East African Breweries Tusker. Guinness, however, may be Diageo's star brand, if Tuesday's full-year results are anything to go by.
- 08/01/2023
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Diageo CEO says consumers are continuing to spend despite a difficult macro environment
- Debra Crew, CEO of Diageo, discusses Diageo's earnings and why demand for beverages has not dropped.
- 08/01/2023
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Diageo hits profit targets thanks to premium spirit sales
- British alcoholic spirits purveyor Diageo plc has reported net sales of £17.12bn in the 2023 financial year, representing 10.7% in year-on-year growth, supported by foreign exchange tailwinds (organic net sales grew by 6.5%). Underlying earnings (EBITDA) came to £6.4bn, compared to £5.6bn in 2022.
- 08/01/2023
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BP, Greggs and Diageo results due on Tuesday, plus Pfizer in US
- On Tuesday comes big oil, booze and sausage rolls, with BP PLC (LSE:BP.) and Greggs.
- 07/31/2023
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ABEV vs. DEO: Which Stock Is the Better Value Option?
- Investors interested in Beverages - Alcohol stocks are likely familiar with Ambev (ABEV) and Diageo (DEO). But which of these two stocks is more attractive to value investors?
- 07/25/2023
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Sean ‘Diddy' Combs accuses former business partner Diageo of ‘illegal retaliation' in liquor brands feud
- Diddy claimed Diageo unlawfully retaliated against him by ending their partnership after Combs accused the spirits giant of racism.
- 07/19/2023
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The 3 Most Undervalued Warren Buffett Stocks to Buy Now: July 2023
- Berkshire Hathaway (NYSE: BRK-A ) (NYSE: BRK-B ) has been one of the greatest success stories in the history of American capitalism. For good reason, investors love to study undervalued Warren Buffett stocks to know what the genius businessman is up to.
- 07/19/2023
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Diageo may struggle as spirit sales sink & UK tax hikes loom
- Diageo PLC (LSE:DGE) and other spirits manufacturers could be set to struggle in the UK as the beverage continues to lose market share ahead of government plans to increase tax on the drink. In the last year, spirits in the UK saw their market share drop by 1.3 percentage points to 25%, according to new research from the CGA.
- 07/17/2023
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Here's Why Diageo (DEO) Looks Well-Poised Despite Cost Headwinds
- Diageo (DEO) is positioned to gain from robust demand trends, premiumization efforts, a strong brand portfolio, pricing actions and productivity saving efforts amid escalating costs.
- 07/12/2023
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Diageo positioned nicely for global surge in Scotch demand
- Diageo PLC (LSE:DGE) is well positioned to capitalise on the global trend towards Scotch whisky consuption being driven by Latin America and India, Barclays data suggests. Whisky is the main driver for the surge in spirits consumption in India, which is the largest growth market for spirits globally.
- 07/06/2023
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The Fourth of July in 2023: A Celebration of Economic Resilience
- As Americans prepare to celebrate Independence Day on Jul 4, 2023, upbeat economic indicators, including easing inflation, ebbing recessionary fears and resilient consumers, are likely to add to their merriment.
- 07/03/2023
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Diageo backed sustianable packaging company to unveil funding
- Pulpex, a sustainable packaging manufacturer backed by drinks giant Diageo, is set to unveil a new round of funding to bolster its production line. According to Sky News, Pulpex will announce it has secured between £20mln and £25mln of additional investment in a Series C fundraising from investors including CMPC, a global pulp and paper company.
- 07/03/2023
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Beverage company Diageo ends business relationship with Sean ‘Diddy' Combs
- Drinks giant Diageo has moved to end its 15-year business relationship with Sean ‘Diddy' Combs after the rapper sued over allegations of racism in the handling of his liquor brands.
- 06/28/2023
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Diageo ends partnership with rapper P-Diddy
- Guinness maker Diageo has cut ties with P Diddy after the rapper and music producer filed a lawsuit against the company. Sean ‘Diddy' Combs claimed the FTSE 100 company of racist handling of his liquor brands, Ciroc Vodka and DeLeon tequila, depriving them of the same attention given to brands owned by white celebrities.
- 06/28/2023
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Diddy Liquor Dispute: Diageo Dropping Rapper Who Sued For Racial Discrimination, Unfair Promotion Of Liquor Brands
- Diageo has said it will no longer be working with Sean Combs on Ciroc vodka and DeLeón tequila, and asked the New York Supreme Court to drop the lawsuit Diddy filed against the company.
- 06/27/2023
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Diageo ends its 15-year partnership with Diddy following lawsuit
- Spirits maker Diageo has cut ties with Sean "Diddy" Combs, ending a lucrative 15-year partnership that recently culminated in a racial discrimination lawsuit.
- 06/27/2023
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Diageo: Promising Scotch Development, But Near-Term Challenges
- The company expects a US industry slowdown and destocking to persist, but we see a potential recovery in the Asia-Pacific region. Diageo's Scotch business is showing solid results, particularly in Latin America, while the company remains cautious about near-term US performance. Compelling valuation versus Campari. We believe this is a reasonable entry price for an economic moat business.
- 06/25/2023
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Diageo (DEO) Looks Well-Poised on Premiumization Initiatives
- Diageo (DEO) is witnessing favorable trends on strong demand, advantaged portfolio and favorable industry trends of premiumization amid inflation woes.
- 06/21/2023
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CCU vs. DEO: Which Stock Is the Better Value Option?
- Investors with an interest in Beverages - Alcohol stocks have likely encountered both Cervecerias Unidas (CCU) and Diageo (DEO). But which of these two stocks is more attractive to value investors?
- 06/16/2023
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Longtime CEO of Guinness Maker Diageo Dies at 63
- Ivan Menezes is credited with growing the drinks company significantly since he became CEO in July 2013, with Diageo now selling around 200 brands in more than 180 markets.
- 06/07/2023
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Here's why Diddy is suing Diageo over his vodka and tequila brands
- The rapper and entrepreneur claimed that the company typecast his brands as "urban" and favored other celebrity brands like George Clooney's Casamigos.
- 06/01/2023
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Diageo sued by Sean 'Diddy' Combs in tequila bust-up
- Diageo PLC (LSE:DGE) is being sued by the American rapper, actor and record producer, Sean Combs, better known as Puff Daddy, P Diddy and Diddy. Combs has accused the spirits maker of breaking the terms of their business partnership and neglecting the tequila brand they had bought together, saying the company had done so because he is black.
- 06/01/2023
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Sean ‘Diddy' Combs accuses drinks giant Diageo of racism in US lawsuit
- Rapper and producer says company undermined joint venture by marketing key products Ciroc and DeLeon as ‘Black brands'
- 05/31/2023
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Diddy Accuses Diageo of Abandoning His Tequila
- Music mogul Sean “Diddy” Combs sued the company, alleging it neglected his DeLeón brand while throwing its weight behind George Clooney's Casamigos.
- 05/31/2023
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CCU vs. DEO: Which Stock Should Value Investors Buy Now?
- Investors with an interest in Beverages - Alcohol stocks have likely encountered both Cervecerias Unidas (CCU) and Diageo (DEO). But which of these two stocks presents investors with the better value opportunity right now?
- 05/31/2023
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Diageo's stock falls toward 7-month low in wake of WSJ report of being sued by Sean ‘Diddy' Combs
- The U.S.-listed shares of Diageo PLC DEO UK:DGE slid 1.4% toward a 7-month low in midday trading Wednesday, after The Wall Street Journal reported that Sean “Diddy” Combs sued the U.K.-based spirits, wine and beer company for neglecting the DeLeón tequila brand they co-won. Music mogul Combs also accused Jack Daniels, Smirnoff and Guinness brand parent of racial discrimination, the WSJ report said, saying in a court filing that Diageo had referred to DeLeón as a Black brand.
- 05/31/2023
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Diageo: What Can We Learn From One Of Berkshire Hathaway's Smallest Positions?
- DEO appears to have a substantial moat, given expanding revenues on a growing portfolio of classic labels and new favorites. DEO pays a consistent and well-supported dividend, with a current forward yield of 2%.
- 05/19/2023
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M&S and Diageo pension schemes fall victim in Capita hack
- Members of Marks and Spencer Group PLC (LSE:MKS) and Diageo PLC (LSE:DGE) pension schemes may have had personal data stolen when Capita PLC (LSE:CPI) suffered a cyber-attack in March. The supermarket group and alcoholic beverage company used Capita for its pension administration services, just like hundreds of other private-sector retirement schemes.
- 05/19/2023
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Is Diageo relying too heavily on tequila?
- RBC Capital Markets has indicated that Diageo PLC (LSE:DGE) may be over-reliant on tequila, which has unexpectedly contributed to more than half of the beverage giant's profit growth since 2018. This strong performance is largely due to tequila's high pricing, approximately four times higher than Diageo's overall portfolio, resulting in an estimated gross margin of around 90%.
- 05/18/2023
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Warren Buffett Grew His Biggest Stock Holdings In Q1, Tuned Bank Exposure
- Berkshire Hathaway boosted positions in its two biggest stock holdings, among notable moves. The post Warren Buffett Grew His Biggest Stock Holdings In Q1, Tuned Bank Exposure appeared first on Investor's Business Daily.
- 05/16/2023
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Warren Buffett's Berkshire Hathaway buys stake in Diageo
- Warren Buffett's Berkshire Hathaway has taken a $41.3mln stake in Diageo PLC, the FTSE 100 maker of Johnnie Walker whisky and Tanqueray gin. Shares in the world's biggest spirits group rose 1.4% after the holding was revealed in a quarterly filing which disclosed Berkshire's exposure to stocks as of March 31.
- 05/16/2023
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Warren Buffett Buys Capital One and Diageo, Sells Out of 4 Stocks
- Berkshire Hathaway Inc. ( BRK.A , Financial)( BRK.B , Financial), the multibillion-dollar conglomerate run by Warren Buffett (Trades, Portfolio), disclosed its equity portfolio for the first quarter of 2023 on Monday.
- 05/15/2023
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CCU or DEO: Which Is the Better Value Stock Right Now?
- Investors with an interest in Beverages - Alcohol stocks have likely encountered both Cervecerias Unidas (CCU) and Diageo (DEO). But which of these two stocks offers value investors a better bang for their buck right now?
- 05/15/2023
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Diageo downgraded on concerns over growth prospects in the US
- Diageo PLC (LSE:DGE) held the unwelcome spot at the top of the FTSE 100 fallers Friday morning after being downgraded by investment bank, Jefferies. The owner of Johnnie Walker, Guinness and Baileys has been moved to hold from buy by Jefferies over concerns of the near-term outlook for the key US market.
- 05/12/2023
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Dividend Portfolio Update: April 2023
- Markets continue to look shaky, real estate is starting to crack, precious metals doing pretty well but are still manipulated well below true value and the crypto world has started to thaw but nowhere near mania mode, yet. These lows and uncertain times are when the real profits and income is generated for the future.
- 05/10/2023
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HEINY or DEO: Which Is the Better Value Stock Right Now?
- Investors interested in stocks from the Beverages - Alcohol sector have probably already heard of Heineken NV (HEINY) and Diageo (DEO). But which of these two stocks presents investors with the better value opportunity right now?
- 04/27/2023
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Guinness supplier Diageo dumps Dublin listing
- Diageo PLC (LSE:DGE), global supplier of high-profile alcoholic drinks brands including Guinness, Baileys and Johnnie Walker, has decided to delist its shares from the Dublin and Paris stock exchanges following a review of the trading volumes, costs and administrative requirements for the Euronext listings. The £80bn corporation said the delistings will not have any impact on Diageo's day-to-day operations in France or Ireland, but “Investors whose shares are listed on Euronext Paris or Euronext Dublin are encouraged to consult with their own investment advisers as to how the delistings may affect them”.
- 04/13/2023
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CABGY or DEO: Which Is the Better Value Stock Right Now?
- Investors interested in Beverages - Alcohol stocks are likely familiar with Carlsberg AS (CABGY) and Diageo (DEO). But which of these two stocks offers value investors a better bang for their buck right now?
- 04/11/2023
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Diageo to benefit from UK and India trade deal, says broker
- Diageo is likely to experience an upside from a potential UK/India trade deal, according to Barclays, which remains overweight on the alcoholic drinks manufacturer. Barclays also kept its 4,890p target price.
- 04/06/2023
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Diageo: A Consumer Staple Winner For FCF
- Diageo plc is a global alcoholic beverage company. Diageo is benefiting from innovation, premiumization, and the general health of the alcohol industry.
- 04/04/2023
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Confounded's Complete All-Weather Portfolio Revealed
- Most readers follow my work for the extensive writing I have done referencing my aggressive growth portfolio. However, the vast majority of my net worth is held in my all-weather portfolio. In this article, I would like to draw back the curtain on my main, all-weather portfolio, where roughly 80% of my assets reside.
- 04/01/2023
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New Diageo chief exec joins exclusive club
- Debra Crew will be taking charge of Diageo PLC (LSE:DGE) in July to become one of just eight other women in leadership roles at FTSE 100 companies. So, who are these trailblazing leaders and what has been their impact on the companies that appointed them?
- 03/28/2023
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Guinness Maker Diageo Appoints Its First Female CEO
- The London-based maker of Johnnie Walker Scotch whisky and Smirnoff vodka said Debra Crew would take over from Ivan Menezes on July 1.
- 03/28/2023
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Diageo CEO Ivan Menezes to retire
- Diageo PLC on Tuesday said its Chief Executive Ivan Menezes intends to retire after 10 years in the role, and will be replaced by current Chief Operating Officer Debra Crew.
- 03/28/2023
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Diageo CEO to retire and be replaced by COO
- Diageo has announced that Ivan Menezes will retire as CEO on 30 June 2023 and be replaced by current COO, Debra Crew. Menezes, who joined the company following the merger of Guinness and Grand Metropolitan in 1997, helped Diageo make “great strides" towards becoming one of the most “trusted and respected” consumer product companies, according to a statement.
- 03/28/2023
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Diageo Vs. Constellation Brands - One Is The Better Dividend Stock (With A Caveat)
- Diageo and Constellation Brands share a lot of similarities but are still quite different companies. The article gives a good overview of their business models. Diageo does a great job of maintaining its top position through strong marketing spend. Constellation's management delivers surprisingly strong performance in an otherwise difficult segment thanks to its important niche.
- 03/24/2023
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Does Diageo Stock Have More Room For Growth?
- Diageo's stock (NYSE: DEO) has seen a fall of 4% this year, compared with 2% returns for the broader S&P500 index.
- 03/21/2023
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Raise a Toast to These 5 Stocks on St. Patrick's Day
- Raise a toast to Diageo (DEO), Beyond Meat (BYND), BJ's Restaurants (BJRI), McDonald's (MCD) and Sprouts Farmers (SFM) to find some hidden luck on this Irish festival.
- 03/17/2023
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Should You Bring The Luck Of The Irish To Your Investmets?
- For St. Patrick's Day, you might crack open a Guinness brewed by Diageo PLC (NYSE: DEO). If that inspires you to investigate how Irish stocks may fit into your portfolio, you have quite a few to choose from.
- 03/17/2023
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Entain, Diageo, Fevertree, Adidas and ITV are all in Thursday's broker spotlight
- Entain PLC (LSE:ENT) is still a takeover target, the new adidas AG (OTCQX:ADDYY) boss is finding City support and ITV PLC (LSE:ITV) is a ‘buy' – these are just some of the analyst calls found in Thursday's broker spotlight:
- 03/09/2023
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Diageo and Fevertree facing headwinds this year
- Diageo PLC (LSE:DGE) and Fevertree Drinks (AIM:FEVR) PLC are facing some headwinds this year, while European brands such as Campari continue to grow, according to UBS. Fevertree, a producer of mixer for spirits, had previously stated in a trading update in January that it was set to bolster its top-line growth, especially in the US.
- 03/09/2023
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BUD or DEO: Which Is the Better Value Stock Right Now?
- BUD vs. DEO: Which Stock Is the Better Value Option?
- 03/06/2023
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2 Big Yields To Buy And Hold Forever
- Mr. Market may be manic-depressive, but he rewards discipline. The market may seem like a roller coaster, but persistence will compound your returns like a snowball rolling downhill.
- 02/24/2023
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BUD or DEO: Which Is the Better Value Stock Right Now?
- BUD vs. DEO: Which Stock Is the Better Value Option?
- 02/16/2023
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Warren Buffett's little-known stock portfolio worth more than $5 billion nearly mirrored Berkshire Hathaway's trades last quarter. Here are its top holdings.
- New England Asset Management sold a big chunk of US Bancorp and all of its Bank of New York Mellon stake, similar to Berkshire Hathaway's trades.
- 02/15/2023
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Why the Highest Yielding Warren Buffett Stocks Are Still the Best 2023 Ideas
- If any investor has stood the test of time, it is Warren Buffett. For years, the “Oracle of Omaha” has had a rock-star-like presence in the investing world.
- 02/14/2023
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Warren Buffett owns a little-known stock portfolio worth nearly $6 billion. These are the portfolio's top 10 stock holdings.
- The portfolio is managed by New England Asset Management, which was acquired by Berkshire Hathaway in 1998 through its $22 billion General Re buyout.
- 02/13/2023
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7 Blue-Chip Stocks to Buy for Safe and Steady Gains
- Finding the right blue-chip stocks to buy is likely to be a challenging year again, given a myriad of headwinds. However, stock selection is the key, and multiple growth and blue-chip stocks are expected to outperform.
- 02/13/2023
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Diageo reports increasing spirits sales, overtaking beer in alcohol market
- This segment originally aired on February 10, 2023. Yahoo Finance Live anchors Dave Briggs, Seana Smith, and Allie Canal discuss Diageo PLC shares amid the multi-national alcohol distributor reports rising sales in spirits outpacing beer sales.
- 02/12/2023
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G Squared's Victoria Greene offers 3 buys and a bail: UBER, PEP, BUD & DEO
- Victoria Greene, G Squared Private Wealth CIO, joins ‘The Exchange' to discuss her three investment picks and a bail.
- 02/10/2023
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Diageo confirms terms behind increased stake in East African Breweries
- Diageo PLC (LSE:DGE), the owner of Johnnie Walker and Guinness, has confirmed the terms of a partial tender offer to increase its stake in East African Breweries (EABL). The deal, conducted through Diageo Kenya Limited will see the FTSE 100-listed spirits company up its holding from the current 50.03% to a maximum of 65%.
- 02/06/2023
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BUD or DEO: Which Is the Better Value Stock Right Now?
- BUD vs. DEO: Which Stock Is the Better Value Option?
- 01/31/2023
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Diageo (DEO) 1H FY23 Earnings & Sales Rise on Strong Demand
- Diageo's (DEO) first-half fiscal 2023 results reflect gains from its strong premium portfolio, growth across all regions and favorable industry trends, which aid sales and the organic operating margin.
- 01/27/2023
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Diageo and LVMH show that premium still reigns supreme
- Forget trading down. premium brands continue to march forward as Diageo and LVMH say ‘what cost-of-living crisis?
- 01/27/2023
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7 Blue-Chip Stocks to Buy as a New Bull Market Emerges
- Buying blue-chip stocks is generally a smart decision. They tend to be established, profitable, name-brand companies marked by reliable growth.
- 01/26/2023
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Diageo CEO: Consumer offtake is robust in the U.S.
- Diageo CEO Ivan Menezes joins 'Closing Bell' to discuss repairing supply chain discontinuities, consumer shopping behavior, and ongoing brand strength in premiumization.
- 01/26/2023
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Diageo PLC (DEO) Q2 2023 Earnings Call Transcript
- Diageo PLC (NYSE:DEO ) Q2 2023 Earnings Conference Call January 26, 2023 4:30 AM ET Company Participants Ivan Menezes - CEO & Executive Director Lavanya Chandrashekar - CFO & Director Conference Call Participants Sanjeet Aujla - Crédit Suisse Pinar Ergun - Morgan Stanley Nik Oliver - UBS Laurence Whyatt - Barclays Bank Edward Mundy - Jefferies Mitchell Collett - Deutsche Bank Simon Hales - Citigroup Celine Pannuti - JPMorgan Chase & Co. Andrea Pistacchi - Bank of America Merrill Lynch Operator Good morning, and welcome to Diageo's 2023 Interim Results Q&A Call. Your call today will be hosted by Ivan, Diageo's CEO; and Lavanya, Diageo's CFO.
- 01/26/2023
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Guinness is now the top beer at U.K. pubs and restaurants, Diageo says
- The number-one beer at British pubs, restaurants and nightclubs is the stout most closely associated with Ireland: Guinness.
- 01/26/2023
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Fundamentals with our consumer base are strong, Diageo CEO says
- Ivan Menezes, CEO of Diageo, discusses the company's 2023 interim results, and says "people are enjoying spirits more than ever, and drinking better, not more."
- 01/26/2023
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Diageo sees sales and profits jump as consumers favour premium tipples
- Diageo PLC (LSE:DGE), the world's largest spirits maker, reported strong growth in sales and profits at the interim stage benefiting from favourable currency movements, higher prices and as consumers drank more premium brands. The Johnnie Walker owner reported net sales of £9.4bn in the six months to 30 December, up 18.4% with growth driven by “our diversified footprint, advantaged portfolio, strong brands and underpinned by favourable industry trends of premiumisation.
- 01/26/2023
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Diageo sees 9.4% jump in organic net sales for first half
- Diageo PLC UK:DGE said Thursday that pretax profit rose in the first half of fiscal 2023, supported by better-than-expected sales volumes due to higher prices, and raised its dividend payout.
- 01/26/2023
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Diageo, Fevertree, Wizz Air and IG all reporting, Thursday's agenda
- Diageo PLC (LSE:DGE) brought out conflicting thoughts from brokers ahead of its half-year numbers. Indications about downtrading trends and inflation impacts on demand across the US, Europe and Africa, along with volatility in China were all reasons given by one analyst behind its estimate cuts.
- 01/25/2023
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Diageo leaves brokers conflicting ahead of interim results
- Diageo PLC (LSE:DGE), maker of alcoholic drinks such as Smirnoff, Guinness and Captain Morgan, has left brokers differing in opinion on its response to inflationary pressures ahead of interim results tomorrow. In a recent note, Barclays slashed forecasts and share price targets, while US bank Jeffries lately reiterated a 'buy' rating for the FTSE 100-listed group.
- 01/25/2023
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Here's How Diageo (DEO) is Placed Ahead of 1H23 Earnings
- Diageo's (DEO) first half of fiscal 2023 results are likely to reflect gains from market share improvements, continued recovery across markets and premiumization efforts, offset by inflationary costs.
- 01/20/2023
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Diageo buys Don Papa Rum in $473 million deal
- Alcoholic beverage company Diageo has revealed plans to acquire Don Papa Rum in a $473 million deal, sending the stock higher on Tuesday.
- 01/17/2023
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Diageo tops up drinks cabinet with rum swoop
- Diageo PLC (LSE:DGE) has bolstered its drinks cabinet buying Don Papa Rum, a super-premium, dark rum from the Philippines. The FTSE 100 listed group which owns brands such as Johnnie Walker, Guinness, Smirnoff and Baileys, will pay an initial €260mln and up to a further €177.5mln through to 2028 subject to performance.
- 01/17/2023
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Diageo to Buy Premium Rum Brand Don Papa
- The liquor giant has agreed to buy Don Papa Rum in a deal worth up to about $473 million.
- 01/17/2023
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BUD or DEO: Which Is the Better Value Stock Right Now?
- BUD vs. DEO: Which Stock Is the Better Value Option?
- 01/12/2023
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Diageo And Brown-Forman: Like Them Both But For Different Reasons
- Diageo plc and Brown-Forman Corporation, the two famous alcoholic beverages producers, are both market leaders in certain areas. Because of their solid and reliable earnings, their stocks never seem to be cheap. In this detailed comparative analysis, I will discuss the two companies' businesses, growth prospects, and profitability.
- 01/06/2023
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ABEV vs. DEO: Which Stock Is the Better Value Option?
- ABEV vs. DEO: Which Stock Is the Better Value Option?
- 12/20/2022
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Diageo shares cheap even with growth ‘normalising' reckons Jefferies
- Alcoholic drinks company Diageo will likely see growth “normalise” in 2023 according to Jefferies analysts, who reiterated a ‘buy' rating for the firm, adding the shares were “inexpensive for the quality”. Having seen two years of strong recovery post-Covid, Jefferies predicted the Johnnie Walker, Smirnoff and Tanqueray owner will see organic sales growth of between 5% to 7% in the medium term, with earnings before tax rising by 6% to 9% in the same period.
- 12/20/2022
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7 Stocking Stuffer Stocks That Warren Buffett Loves
- As we near the holiday season, investors looking for stocking stuffer stocks for their loved ones have come to the right place. In compiling such a list, the best place to start would be with the portfolio of one of the greatest investors of all time.
- 12/16/2022
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Diageo target cut by Barclays as interims bring focus on impact on inflation
- Diageo PLC (LSE:DGE) had its forecasts and share price target cut by Barclays as it faces volatility in China and some Americas consumers changing their buying habits due to inflation, said Barclays, as well as a recovery in sterling. Interim results next month likely to see a big focus on the impact of inflation on consumer demand for its products, which include Bailey's, Tanqueray, Johnnie Walker, Don Julio and Captain Morgan.
- 12/14/2022
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3 Consumer Staples Stocks To Watch This Week
- Is now a good time to be watching these consumer staples stocks right now?
- 12/11/2022
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Up 16% In A Month, Will Diageo Stock See Higher Levels?
- Diageo's stock (NYSE: DEO) has seen a rise of 16% in a month, while it's down 14% this year.
- 12/07/2022
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Diageo: Solid Blue Chip Growth Stock Down 14% Year-To-Date
- Diageo shares are down 13.7% year-to-date in U.S. dollars, and now have a 25.4x P/E and a 2.0% Dividend Yield. It is a blue-chip stock offering a solid return; we believe management will achieve its targeted 6-9% organic EBIT CAGR in FY23-25.
- 12/02/2022
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The 7 Best Warren Buffett Stocks to Buy
- The world has rediscovered its interest in the best Warren Buffett stocks in 2022. For the past few years, upstart technology companies were consistently the market's largest gainers.
- 11/28/2022
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Here's Why Diageo (DEO) Stock is Worth a Watch at This Time
- Diageo (DEO) continues to be a beneficiary of the recovery across markets, strong consumer demand and market share gains despite inflationary cost pressures and currency headwinds.
- 11/25/2022
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Diageo share price forms a wide symmetrical triangle
- Diageo (LON: DGE) share price has risen in the past six straight days as demand for the stock rose. It was trading at 3,800p on Friday, which was the highest level since October 6 of this year.
- 11/25/2022
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3 Stocks to Buy for a Happy Thanksgiving
- If you're looking for stocks to buy, you might want to consider how much Americans spend on Thanksgiving. According to Statista, the average American spent $421 annually on the country's favorite holiday over the past three years.
- 11/23/2022
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ABEV or DEO: Which Is the Better Value Stock Right Now?
- ABEV vs. DEO: Which Stock Is the Better Value Option?
- 11/15/2022
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3 High-Yield Sin Stocks to Buy
- Environmental, social, governance ( ESG ) investing has been a major theme in recent years, as some investors seek exposure to stocks that are actively working on their environmental and social footprint. But it can make sense to look in the opposite direction, too.
- 11/11/2022
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Bert's October Dividend Income Summary
- We received $801.63 in October dividend income. This was the first quarter we received a dividend from Vanguard's S&P 500 Index fund (VOO).
- 11/09/2022
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Diageo appoints investment bank to carry out £640mln share buyback
- Diageo PLC (LSE:DGE) said it is starting the final phase of its share buyback, where it will hoover up to £640mln worth of its stock. Three previous phases of the Guinness and Smirnoff maker's buyback programme saw a total of £3.86bn of shares repurchased out of the £4.5bn planned total.
- 11/01/2022
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The 7 Best Warren Buffett Stocks to Buy
- People used to think picking the best Warren Buffet stocks was easy, but that sentiment isn't what it was. Coming into 2022, many people said that Warren Buffett had finally lost his touch.
- 10/26/2022
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Diageo: It's Time To Buy High-Quality
- Diageo has crash-proven management, an excellent portfolio, and a geographically well-diversified business. The double-digit projected annual total return until 2024 looks attractive.
- 10/17/2022
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Diageo: A Marginal Buy But I Hope The Shares Will Fall Further
- Diageo stock is cheaper than it has been in years. Alcohol sales could get hurt during a recession.
- 10/16/2022
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Diageo PLC plans to raise stake in East African Breweries PLC to 65%
- Diageo PLC (LSE:DGE) said it intends to raise its stake in Nairobi-listed East African Breweries PLC (EABL) to 65% from 50.03% via a partial tender offer. The FTSE 100 alcoholic drinks group stressed that it does not intend to make a takeover offer for EABL and will apply to the Capital Markets Authority in Kenya for an exemption from complying with the requirement to make a takeover offer.
- 10/14/2022
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Credit Suisse raises estimates for Diageo amid upside risks to the drinks giant's US business
- Analysts at Credit Suisse have raised estimates and repeated an 'outperform' rating on Diageo PLC (LSE:DGE) as they see upside risks to the drinks giant's US business, led by share gains in an industry normalising back to mid-single digit growth, as well as in the Asia Pacfic (APAC) region. In a note to clients, the Credit Suisse analysts said: "Group marketing spending is 40% above pre-pandemic (120bps as % net sales), which gives us confidence the business is well placed to take pricing to offset cost inflation, and protect/grow market shares in a tougher consumer backdrop.
- 10/12/2022
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Diageo Should Suspend Its Buy-Back Plan
- Diageo is a great company, but the stock is expensive right now. The British spirits company has a well-established plan to reward shareholders through dividends and share buybacks.
- 10/10/2022
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Diageo's sales growth outlook trimmed, ‘overweight' position upheld by Barclays
- British alcoholic drinks multinational Diageo remains confident on its medium-term outlook but has noted that near-term headwinds are more challenging, according to equities analysts at Barclays. Trading activity is evolving in-line with company expectations, but Barclays has slightly trimmed full-year organic sales growth from 9.1% to 8.9%, with operating profit growth remaining at 9.5%.
- 10/10/2022
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7 Warren Buffett Stocks to Buy to Ride Out This Bear Market
- The stock market is an effective means of building wealth over a significant period of time,. However, that doesn't mean that stocks only go up.
- 10/10/2022
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Should You Buy Diageo Stock At $175?
- A high inflationary environment and slowing economic growth will likely affect consumer demand, impacting food and beverage stocks.
- 10/06/2022
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Diageo says new year has started well
- Diageo PLC (LSE:DGE) said it made a "good start" to the 2023 fiscal year, reporting organic net sales growth in all regions. In a very short statement ahead of its annual general meeting, the FTSE 100 maker of Smirnoff vodka, Guinness stout and Tanquerey gin said it expects the operating environment to remain “challenging” and volatile on the economic downturn, recession fears, low consumer confidence, inflation and pandemic-related disruptions.
- 10/06/2022
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Know the Diageo (DEO) Stock In and Out Before Investing
- Diageo (DEO) looks prim on strong business momentum on continued premiumization efforts and favorable industry trends, particularly in the spirits category.
- 10/05/2022
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Diageo and Scotch whisky industry to thrive on potential UK and India free-trade agreement - broker
- UK and India are expected to announce a free-trade agreement (FTA) – potentially by the end of October – which investors would deem as good for the Scotch whisky industry, especially Diageo PLC (LSE:DGE), according to Citigroup. Diageo owns 200 brands, with sales in over 180 countries, including the world's best-selling Scotch whisky brand Johnnie Walker.
- 09/30/2022
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Diageo Picks Up Mr. Black, An Australian-Made Coffee Spirit.
- The espresso martini craze isn't ceasing, and Diageo acquires a cold brew liqueur, made with a bittersweet blend of top-grade Arabica coffees and Australian wheat vodka.
- 09/29/2022
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CABGY or DEO: Which Is the Better Value Stock Right Now?
- CABGY vs. DEO: Which Stock Is the Better Value Option?
- 09/26/2022
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3 Dividend Stocks I'm Watching This Week - Investing In A Recession
- Diageo is a deep liquor and adult beverage company. This beverage company started on my watch list at $190.44. UPS is still a beast in the industry and is a great dividend growth stock. Is it time to buy UPS stock at these prices?
- 09/26/2022
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Final Trades: FCX, PVI, AAPL & DEO
- The traders look at Apple's chart. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Bonawyn Eison, Jeff Mills and Brian Kelly.
- 09/23/2022
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A Trio of Consumer Defensive Stocks for the Value Investor
- If you want to make your portfolio more resilient to recessions, the following defensive stocks may be suitable options. These businesses have historically continued to generate earnings and dividends during hard economic times as they offer goods and services on which people do not typically cut their spending even in periods of financial distress.
- 09/18/2022
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4 Lucrative Alcohol Stocks to Watch as Industry Trends Recover
- The Beverages - Alcohol industry looks poised to gain from strong on-premise and off-premise demand, recovery in Travel Retail, innovation, and premiumization despite supply-chain disruptions. Players like DEO, BUD, STZ and BF.B will likely capitalize on the trends.
- 09/02/2022
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Brown-Forman (BF.B) Earnings & Sales Top Estimates in Q1
- Brown-Forman's (BF.B) Q1 results reflect gains from the continued demand for its brands and growth across markets. The company's sales also gain from the revival of tourism and recovery in Travel Retail.
- 08/31/2022
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What's Happening With Diageo Stock?
- Now that Diageo stock has seen a fall of 6% in a month, will it continue its downward trajectory, or is a rise imminent?
- 08/30/2022
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Diageo: Good Things Come To Those Who Wait
- There is no doubt that Diageo is a premium business, but its shares come with an equally premium price tag. We sold our entire position in early 2020 locking in a total return of over 55% in under 2 years. We maintain our "sell" rating at the current valuation.
- 08/07/2022
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Diageo CEO discusses what's driving luxury booze sales
- Ivan Menezes, Diageo CEO, joins 'Closing Bell' to discuss luxury brands resilience and profits.
- 07/29/2022
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Diageo plc (DEO) CEO Ivan Menezes on FY2022 Results - Earnings Call Transcript
- Diageo plc (NYSE:DEO ) FY2020 Earnings Conference Call July 28, 2022 4:30 AM ET Company Participants Ivan Menezes - Chief Executive Officer Lavanya Chandrashekar - Chief Financial Officer Conference Call Participants Sanjeet Aujla - Credit Suisse Celine Pannuti - JPMorgan Simon Hales - Citigroup Olivier Nicolai - Goldman Sachs Laurence Whyatt - Barclays Pinar Ergun - Morgan Stanley Edward Mundy - Jefferies Andrea Pistacchi - Bank of America Trevor Stirling - Bernstein Chris Pitcher - Redburn Operator Good morning and welcome to Diageo's 2022 Preliminary Results Q&A call. Your call today will be hosted by Ivan, Diageo's CEO and Lavanya, Diageo's CFO.
- 07/29/2022
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Diageo tops sales estimates with 21.4% jump for full year
- Diageo PLC (LSE:DGE) reported a 21.4% jump in net sales in the year to 30 June 2022, as consumers continued to consume more expensive spirits despite price increases. With sales at £15.5bn, the Johnnie Walker whiskey maker surpassed analysts' expectations of a 16.1% rise, posting double-digit growth across all regions.
- 07/28/2022
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Spirits maker Diageo posts 21.4% rise in full-year sales
- Johnnie Walker whisky maker Diageo on Thursday posted full-year sales up 21.4% as more people drank expensive spirits and bars reopened after pandemic lockdowns last year.
- 07/28/2022
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Here's How Diageo (DEO) is Placed Just Ahead of FY22 Earnings
- Diageo's (DEO) fiscal 2022 results are likely to reflect gains from strong consumer demand, recovery in the on-trade channel and market share gains amid inflationary pressures and currency headwinds.
- 07/25/2022
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7 Stocks Trading at a 52-Week Low Worth Buying Now
- Looking for a bargain? Bottom-fishing investors may want to check out these stocks trading at a 52-week lows, or within 5% of that floor.
- 07/14/2022
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Diageo to sell Guinness Cameroon to Castel Group for 389 million pounds
- Beverage company Diageo has agreed to sell its Guinness Cameroon brewery to France's Castel Group for 389 million pounds ($459.8 million), the company said in a statement on Thursday.
- 07/14/2022
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Three Stock Lunch: Diageo, Danone and Mondelez
- Boris Schlossberg, BK Asset Management, joins 'Power Lunch' to discuss his investing take on three stocks: Diageo, Danone and Mondelez.
- 07/13/2022
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Diageo (DEO) & Vita Coco to Launch Premium Canned Cocktails
- Diageo (DEO) and Vita Coco come together to launch a premium canned cocktail, Vita Coco Spiked with Captain Morgan. The move is in sync with Diageo's plans to expand its ready-to-drink portfolio.
- 07/06/2022
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Vita Coco partners with Diageo amid growing competition in the canned cocktail category
- A partnership between Vita Coco Co. Inc. and Diageo is the latest addition to the canned cocktail craze that's mixing hard liquor with soft drinks and other beverages.
- 07/05/2022
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Diageo slapped with 'sell' rating as consumer spending hit expected
- Diageo PLC (LSE:DGE) has been downgraded to 'sell' by Deutsche Bank as its premium drinks brands are seeing as being at risk as consumer spending comes under pressure. The share price target was cut to 3230p from 4050p, implying 13% downside, and the recommendation moved from the previous 'hold'.
- 06/29/2022
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Diageo to "wind down" Russia operations - spokesperson
- Diageo, the world's largest spirits maker, will wind down its business operations in Russia over the next six months, it said on Tuesday, becoming the latest Western brand to withdraw.
- 06/28/2022
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This Overlooked Stock Can Thrive in Any Economy
- Diageo is a name few may know, but one that most investors can count on in their portfolios.
- 06/28/2022
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Should You Buy, Sell, Or Hold Diageo Stock Around $175?
- Earnings contraction was due to a 16% decline in net income margin, more than offsetting a low single-digit revenue growth over this period.
- 06/24/2022
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Why These 5 European Dividend Aristocrats (Some With Huge Yields) Are Incredible Q3 Buys
- Well, that didn't last long. As we suspected, each and every market rally until the Federal Reserve completes the interest rate hike cycle likely will be met with selling as investors try to go to cash and get away from the market's downward spiral.
- 06/23/2022
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Diageo: Long-Term Compounder Down 23% From Peak
- Diageo stock has now fallen by 23.0% in USD from its peak in early January, and trades at a 26.9x P/E and 2.1% Dividend Yield. Structural growth in global spirits is continuing. Diageo now targets a sales CAGR of 5-7% and an EBIT CAGR of 6-9% in FY23-25.
- 06/21/2022
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What's Next For Diageo Stock After A 10% Fall In A Month?
- Diageo stock (NYSE: DEO) has fallen 10% in a month, while it's down 22% year-to-date.
- 06/17/2022
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7 Safe Retirement Stocks to Buy So You Can Sleep at Night
- Recent market volatility has exposed risks at many former high-fliers. But these safe retirement stocks are resistant to the current troubles.
- 06/07/2022
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3 Beer Stocks That Provide Shareholders With Recession-Proof Dividends
- For investors looking for growth and income from the beer industry, any of these names could be a solid addition to their portfolio. The post 3 Beer Stocks That Provide Shareholders With Recession-Proof Dividends appeared first on InvestorPlace.
- 06/02/2022
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Buy Diageo, Unilever and other 'dividend aristocrats' for highest investment returns, say analysts
- For all that investors cherish and search for shares that can deliver big returns, it's a striking fact that dividends are the factor that accounts for a whopping 64% of total returns in Europe since 1995. Such firms that have long records of dividend increases are known as ‘dividend aristocrats' to Credit Suisse, which espoused this method of investing again this week.
- 05/31/2022
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Diageo: A Safe Play In This Environment
- This market is showing us the worst of some stocks; and the best of the others. It's a good time to establish positions in long-term safe companies. Diageo is one such company. Since the beginning of 2022, the company has lost 12%, which is remarkable for this stock.
- 05/23/2022
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7 Big Dividend-Paying Sin Stocks That Can Survive a Potential Upcoming Market Crash
- We have seen four down weeks in a row, and the odds are things could get worse for the stock market, despite Monday's big upside reversal.
- 04/26/2022
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Diageo to be hit hard by China lockdowns but long-term story intact, says Credit Suisse
- Diageo PLC (LSE:DGE) revenue forecasts have been cut to reflect China's Covid lockdowns, said Credit Suisse, but it predicts sufficient positives to offset this. The bank trimmed our second-half and full-year group organic revenue growth forecasts to 16.7 and 18.5% from 17.7% and 18.9% respectively to reflect the recent lockdowns, which impacted Diageo's Baijiu subsidiary and has led to a deterioration of Scotch Whisky imports.
- 04/25/2022
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ABEV or DEO: Which Is the Better Value Stock Right Now?
- ABEV vs. DEO: Which Stock Is the Better Value Option?
- 04/22/2022
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7 Bear Market Stocks to Buy if You're Feeling Fearful
- The prognosis for the economy isn't looking too good. However, these bear market stocks can hold their ground regardless.
- 04/22/2022
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ABEV vs. DEO: Which Stock Should Value Investors Buy Now?
- ABEV vs. DEO: Which Stock Is the Better Value Option?
- 04/06/2022
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Diageo launches US$2.9bln bond issuance
- Diageo PLC (LSE:DGE) said it launched and priced US$2.9bln in euro- and sterling dominated bonds to fund what the drinks giant called "general corporate purposes". The maker of Guinness and Smirnoff vodka launched €1.65bln of fixed rate euro-denominated bonds and £900mln of fixed rate sterling-denominated bonds under its European debt issuance programme, according to a statement.
- 04/06/2022
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2 High-Yield 'Sin Stock' REITs
- “Sin stocks” in the tobacco, alcohol, and gambling industries have historically outperformed the market on a total return basis.
- 04/04/2022
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Defensive stocks for uncertain times: Go with Lloyds Bank, Diageo, Reckitt Benckiser suggests Credit Suisse
- How to cope with the uncertainties arising from inflation, the Ukraine war, possible stagflation or even recession will have taxed many investors' minds recently. Credit Suisse asked its analysts just that question and the stocks would fare best on the criteria of lower direct exposure to Eastern Europe and eurozone cyclicality, low exposure to rising input and freight costs and strong pricing power.
- 03/30/2022
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ABEV or DEO: Which Is the Better Value Stock Right Now?
- ABEV vs. DEO: Which Stock Is the Better Value Option?
- 03/21/2022
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Diageo PLC is a buy at $189, set to test $220 before setting a new high
- Diageo PLC (LON:DGE) is a stock to watch. The alcoholic beverages company is one of a few companies that would be able to withstand economic downturns.
- 03/16/2022
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Here's Why it is Appropriate to Own Diageo (DEO) Stock Now
- Diageo (DEO) witnesses recovery in the on-trade channel, strong consumer demand in off-trade and market share gains, which are likely to help it retain momentum.
- 03/14/2022
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Diageo North America Digs Into RTDs With New $110 Million Canning Facility
- The 225,000-square-foot facility has capacity to produce over 25 million cases of malt-based beverages and spirit-based RTD drinks a year.
- 03/03/2022
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Diageo launches new £1,7bn share buyback
- Diageo PLC (LSE:DGE) said it is to carry out a share buyback worth £1.7bn as the third part of a previously announced capital returns programme. The Johnnie Walker, Smirnoff and Guinness maker had already bought back shares totalling £2.25bn on 31 January 2020 and 11 February 2022 as part of the £4.5bn exercise, which is scheduled to finish by the end of its financial year to June 2023.
- 02/21/2022
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2 Defensive “Vice” Stocks To Buy: Altria Group And Diageo PLC
- For those who are comfortable investing in "vice" stocks, growth and income expert Rida Morwa, editor of High Dividend Opportunities and a contributor to MoneyShow.com, looks at two "battle-tested, inflation beating" investments — a tobacco firm and a liquor company.
- 02/17/2022
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HEINY or DEO: Which Is the Better Value Stock Right Now?
- HEINY vs. DEO: Which Stock Is the Better Value Option?
- 02/15/2022
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7 Food Stocks to Store Up On Amid Inflation Concerns
- Economic recovery can be brutal to the stock market. But one way to combat the bruising selloff is to add some food stocks to your portfolio.
- 02/14/2022
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2 Top 'Dividend Aristocrats' Ready For Rising Rates And Fed Hikes, Yields Up To 7%
- High Dividends have consistently outperformed the market during rising rates. We identify prosperous companies that can use pricing power to triumph over inflation.
- 02/13/2022
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7 Defensive Consumer Staples Stocks to Buy in a Falling Market
- Consumer staples stocks are smart choices in tough economic times and these stocks look better and better as inflation concerns mount. The post 7 Defensive Consumer Staples Stocks to Buy in a Falling Market appeared first on InvestorPlace.
- 02/08/2022
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Diageo - Exceptional Quality Has Its Price
- Diageo and its competitors have emerged from the pandemic very well and are experiencing strong growth. The company is growing in a disciplined manner and has a very strong portfolio of Scotch whisky brands and other spirits such as gin and rum.
- 02/04/2022
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Diageo (DEO) 1H FY22 Earnings & Sales Improve on Robust Trends
- Diageo's (DEO) first-half fiscal 2022 results reflect gains from continued recovery in the on-trade channel, strong consumer demand in the off-trade and market share growth.
- 01/28/2022
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Tequila 'demand is so high' it's leading to supply constraints: Diageo North America President
- Don't Miss: Valley of Hype: The Culture That Built Elizabeth Holmes WATCH HERE: https://youtu.be/Sb179GLPNYE Watch the 2021 Berkshire Hathaway Annual Shareholders Meeting on YouTube: https://youtu.be/gx-OzwHpM9k
- 01/28/2022
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10 Best Stocks to Buy for Your Income-Generating Portfolio
- Rising interest rates have investors wondering what stocks to buy. If you're income-focused, these 10 provide good income generation.
- 01/28/2022
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Is Diageo Stock Now A Good Bet At $200?
- Diageo stock has declined almost 10% in the last one month, underperforming the S&P 500 which was down 9%. If you look at the change over the last one week and ten days, DEO stock is down 3.2% and 5.6%, respectively.
- 01/28/2022
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Diageo CEO: ‘we feel good about navigating inflationary environment'
- Shares of Diageo plc (LON: DGE) are up 2.0% on Thursday after the British multinational reported solid profit for the first six months of fiscal 2022 on robust growth in higher-end brands. Highlights from Diageo's H1 financial results Diageo reported £1.97 billion ($2.65 billion) in net profit versus the year-ago figure of £1.58 billion.
- 01/27/2022
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Diageo PLC (DEO) CEO Ivan Menezes on Q2 2022 Results - Earnings Call Transcript
- Diageo PLC (DEO) CEO Ivan Menezes on Q2 2022 Results - Earnings Call Transcript
- 01/27/2022
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Diageo sales jump as pubs and bars restock after lockdown
- Diageo PLC (LSE:DGE) announced strong sales growth for the first half as consumers stocked up on premium brand drinks for home consumption and the hospitality sector increased its orders as as pubs and bars reopened after the easing of pandemic restrictions. The world's biggest spirits maker said net sales grew by 15.8% in the first six months to £8bn, with organic net sales up 20%.
- 01/27/2022
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Diageo CEO says company has 'multiple levers' to help it navigate inflationary pressures
- Diageo CEO Ivan Menezes discusses the company's latest financial results.
- 01/27/2022
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Spirits maker Diageo posts 16% rise in first-half sales
- LONDON (Reuters) -Diageo, the maker of Johnnie Walker whisky and Tanqueray gin, on Thursday said that first-half sales rose nearly 16% as more consumers bought high-end spirits and bars increased orders as they reopened after coronavirus lockdowns.
- 01/27/2022
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Diageo, Dr Martens and IG in the mixer tomorrow
- Shares in Diageo, the maker of Johnnie Walker, Smirnoff, Guinness and Captain Morgan have risen by around a third over the past twelve months, even with a wobble recently. The company itself has already flagged up interim organic net sales growth of 16%, with a November investor day setting out medium-term guidance for organic net sales of 5%-7% and organic operating profit growth of 6%-9% for 2023 to 2025 financial years.
- 01/26/2022
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Factors Likely to Influence Diageo's (DEO) Earnings in 1H22
- Diageo's (DEO) 1H22 results are expected to reflect gains from robust consumer demand and the off-premise channel's strength. Inflationary pressures and supply-chain woes are likely to have hurt.
- 01/21/2022
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Worried About a Market Crash? 5 Dividend Sin Stocks to Buy Now That Always Have Demand
- Last week, and once again on Monday, investors showed a large degree of risk-off panic as the Treasury market saw some serious selling and interest rates went higher across all maturities.
- 01/11/2022
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Diageo (DEO) Looks Well-Positioned on Robust Demand Trends
- Diageo (DEO) is poised to benefit from improving consumer demand trends. Its efforts to expand the digital business and investments in RTDs bode well.
- 01/10/2022
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Best Momentum Stocks to Buy for January 7th
- CIO, DEO, and IBKR made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on January 7, 2022
- 01/07/2022
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New Strong Buy Stocks for January 7th
- AN, USAK, RCMT, AVGO, and DEO have been added to the Zacks Rank #1 (Strong Buy) List on January 7, 2022.
- 01/07/2022
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4 High Ebitda Margin Stock Picks
- If you want to have a higher likelihood to find companies that are in good shape from a financial standpoint, you may want to consider stocks with trailing 12-month (TTM) Ebitda margins that are topping the S&P 500's 17.93% as of the writing of this article.
- 12/17/2021
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Crown Royal Partners with Celebrity Grillz Makers, Scotty ATL and Eddie Plein, to Announce Newest Whisky Blend Aged 18 Years
- ATLANTA, Dec. 14, 2021 /PRNewswire/ -- In time for the holiday season, Crown Royal is celebrating the release of the award-winning whisky brand's most luxurious variant to date. Crown Royal Aged 18 Years is a rare blend of three of the most exceptional whiskies, handcrafted by their master blender, patiently aged to perfection for eighteen years.
- 12/14/2021
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ABEV vs. DEO: Which Stock Is the Better Value Option?
- ABEV vs. DEO: Which Stock Is the Better Value Option?
- 12/07/2021
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Diageo kicks off next phase of its monster share buyback programme
- Diageo PLC (LSE:DGE) has started the next tranche of its previously announced return of capital programme of up to £4.5bn to shareholders by 30 June 2024. The first phase, in which the drinks brands giant bought back £1.25bn of shares, was completed at the end of January last year, after which the pandemic delayed the second phase until 12 May 2021.
- 11/26/2021
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Diageo (DEO) Is Up 1.89% in One Week: What You Should Know
- Does Diageo (DEO) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 11/23/2021
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Drinks maker Diageo forecasts 5%-7% sales growth for fiscal 2023-25
- Diageo expects organic sales growth to be between 5% and 7% for fiscal 2023-2025, compared with the 4% to 6% growth during 2017-2019, the world's largest spirits maker said on Tuesday as it laid out its medium-term targets.
- 11/16/2021
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Dividend Income Summary: Bert's October 2021 Report
- Dividend Income Summary: Bert's October 2021 Report
- 11/09/2021
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What's Behind Diageo Stock's Recent Rise?
- Diageo stock is up almost 6% in the last one month, underperforming the S&P 500 which increased 6.8% during this period. In the last one week the stock has managed to marginally outperform the broader market (2.5% vs 2%).
- 11/09/2021
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7 Food Stocks to Buy to Prepare You for the Thanksgiving Surge
- We're entering the first holiday season post-pandemic, and investors are hungry for good food stocks. Here are seven of the best to buy now.
- 11/08/2021
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UK Quality: Diageo's Risks Are Manageable
- Like the U.S. market, with SEC filings, the U.K. market has an excellent regulatory filing system. Issuers must file with a “Regulatory Information Service,” which get published on the London Stock Exchange's website.
- 11/04/2021
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Should Buffett and Train Stick to Diageo?
- Diageo plc ( LSE:DGE , Financial) can be simply described as a premium alcoholic drinks business with a collection of international brands. With its stock at an all time high, many investors may be asking themselves, should they take profits in this beverages maker?
- 11/04/2021
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Dividend Income Summary: Lanny's October 2021 Summary
- In October, we (my wife and I) received a total of $966.97 of dividend income.
- 11/03/2021
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Diageo to build $75 million distillery to make its first Chinese single-malt whisky
- Diageo said on Tuesday it is building a $75 million distillery in China to make its first ever single-malt whiskey of a Chinese origin, as it looks to tap into the spirit's growing demand in the world's largest beverage alcohol market.
- 11/02/2021
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A Look Back at Buffett's Investment in Diageo
- In the early 90s, Berkshire Hathaway ( BRK.A , Financial) ( BRK.B , Financial) reported that it had built a position in the British brewing giant Guinness. The position was relatively small by today's standards.
- 10/20/2021
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5 Dividend-Paying Sin Stocks to Buy May Survive a Massive Market Sell-Off
- Regardless of what happens these days, the market seems to push higher. Interest rates shooting up?
- 10/13/2021
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In Appreciation of Hispanic Heritage Month, DIAGEO Celebrates Local Heroes Who Use Their Craft to Uplift Their Communities as They Honor Their Heritage: Hispanic Street Food Vendors and Artists
- NEW YORK, Oct. 5, 2021 /PRNewswire/ -- This Hispanic Heritage Month, Diageo and its family of brands are honoring the creative gifts, historical contributions and cultural impact of the Hispanic community in America by paying tribute to business owners and artists of Hispanic descent who bring flavor, creativity and essential conversations to communities around the country. Through their innovation with both the food palate and the artist's palette, these vendors and artists proudly share their cultural roots and heritage with local neighborhoods around the United States.
- 10/05/2021
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Diageo to invest $500 million in tequila production in Mexico
- British beverage company Diageo said on Thursday it will invest $500 million to increase its tequila production capacity in Mexico and help it meet local and international demand for the alcoholic beverage.
- 09/30/2021
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Diageo Unveils Special Releases 2021: Legends Untold
- This year's much-anticipated eight-expression collection includes an extraordinary Lagavulin 24.
- 09/30/2021
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Diageo sees strong start to fiscal year, further recovery in sales volumes
- By Jaime Llinares Taboada
- 09/30/2021
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Diageo makes strong start to full year but expects markets to remain volatile
- Diageo PLC said the current year has started well, with North America performing strongly despite supply chain problems and Europe recovering ahead of expectations after the lifting of Covid-19 restrictions. However, the spirits maker expects market volatility to persist in the near term due to potential future waves of Covid-19 and said it is facing rising inflationary pressures, partly because of supply chain constraints.
- 09/30/2021
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Diageo sees boost to margins as bars, restaurants open
- Johnnie Walker whisky maker Diageo Plc said on Thursday it has made a "strong start" to its financial year and expects organic operating margins to benefit from a further recovery in sales at restaurants and bars in North America and Europe.
- 09/30/2021
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Diageo Opens Carbon Neutral Whiskey Distillery In Kentucky
- Diageo Plc (NYSE: DEO) has opened a new Whiskey distillery in Kentucky, which will operate using 100% renewable electricity, Zero fossil fuels for production, and virtual metering technology. The new site aligns with Diageo's aim to become net-zero carbon across direct operations by 2030.
- 09/28/2021
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HEINY vs. DEO: Which Stock Should Value Investors Buy Now?
- HEINY vs. DEO: Which Stock Is the Better Value Option?
- 09/28/2021
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Diageo Opens Its First Carbon Neutral Whiskey Distillery in North America
- LEBANON, Ky.--(BUSINESS WIRE)---- $DEO--Global beverage leader Diageo has opened its first carbon neutral distillery in Lebanon, Kentucky. The site will support the local community with 30 full-time jobs while also sourcing 100% non-GMO corn locally. The 72,000 square-foot facility has the capacity to produce up to 10 million proof gallons per year and has begun distilling Bulleit Bourbon using electrode boilers that are powered by 100% renewable electricity throughout the cooking, distillation, and dry
- 09/28/2021
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5 European Dividend Aristocrats Offer Huge Income and Growth Potential
- With September and the third quarter almost over, many investors are looking to the fourth quarter and beyond.
- 09/27/2021
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Crown Royal Launches "A New World Of Cocktails" Campaign To Pay Tribute To The New Generation Of Consumers In The Ready-to-drink Cocktail Category
- NEW YORK, Sept. 23, 2021 /PRNewswire/ -- For Crown Royal consumers, living royally is about celebrating the people, places and experiences that surround you.
- 09/23/2021
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Diageo: Recovery Potential Remains After FY21 Rebound, 2.1% Dividend Yield
- While Diageo shares have returned 21.9% year-to-date as the COVID situation continues to improve, they are still attractive in our view. A strong year-on-year rebound in FY21 (ending June) showed Diageo has resumed its long-term growth trajectory.
- 09/21/2021
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CÎROC And Sean "Diddy" Combs Usher In The "Love" Era With New Limited-Edition CÎROC Pomegranate
- NEW YORK, Sept. 15, 2021 /PRNewswire/ -- CÎROC announced its latest flavor – and it's the perfect complement to the "love era" declared by Sean Love Combs aka "Diddy.
- 09/15/2021
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Baileys Apple Pie Is Back, And Just In Time For Fall!
- NEW YORK, Sept. 15, 2021 /PRNewswire/ -- Apple pie has reigned supreme as America's favorite pie for decades*, and this year promises to be no different (sorry, pumpkin spice!
- 09/15/2021
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Bulleit Frontier Whiskey Launches "Local Bar Sundays," a Movement to Rally Consumers to Support their Local Bars
- NEW YORK, Sept. 14, 2021 /PRNewswire/ -- Local bars are more than just a place to grab a drink.
- 09/14/2021
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Crown Royal Kicks Off The National Football League Season By Giving Back To The Champions Of Game Day
- NEW YORK, Sept. 9, 2021 /PRNewswire/ -- As football fans everywhere gear up for the start of football season later this evening, Crown Royal, as the first-ever whisky sponsor of the National Football League (NFL), announced plans to turn game day into a giving day through its 'Kick Off with Crown Royal' program.
- 09/09/2021
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3 International Stocks to Buy for Dividend Growth
- International stocks tend to offer higher yields than their U.S.-based counterparts, and also offer geographic diversification. The post 3 International Stocks to Buy for Dividend Growth appeared first on InvestorPlace.
- 09/08/2021
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Crown Royal Regal Apple And Harlem's Fashion Row Support Designers Of Color By Awarding Grants During New York Fashion Week
- NEW YORK, Sept. 8, 2021 /PRNewswire/ -- Crown Royal Regal Apple and Harlem's Fashion Row (HFR) – a premier agency creating a bridge between brands and designers of color in the fashion industry — united on Tuesday evening for HFR's New York Fashion Week Style Awards, Runway Show and After-Party.
- 09/08/2021
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Librarian Capital's Monthly Top Buys And Price Moves - September 2021
- Mastercard and Visa shares lost 10.1% and 6.9% respectively in August, due to new COVID fears, and now rank #4 and #7 in our buy list. Unilever has a 16% annualized return in our Upside Case, another temporary COVID casualty, but offers a resilient 3.7% Dividend Yield.
- 09/05/2021
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Diageo North America Launches New Online Experience and Tool to Encourage People in California to Avoid Impaired Driving
- NEW YORK--(BUSINESS WIRE)---- $DEO--Ahead of the Labor Day holiday, Diageo North America launches a new online experience and tool in the United States to change attitudes among 21–35-year-olds around the decision to drive impaired by substances. Developed in partnership with the United Nations Institute for Training and Research (UNITAR), Wrong Side of the Road is a virtual learning experience that starkly conveys to users the effects of alcohol and driving, as well as the stigma and consequences that
- 09/02/2021
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Diageo North America Launches New Online Experience and Tool to Encourage People in Montana to Avoid Impaired Driving
- NEW YORK--(BUSINESS WIRE)---- $DEO--Ahead of the Labor Day holiday, Diageo North America launches a new online experience and tool in the United States to change attitudes among 21–35-year-olds around the decision to drive impaired by substances. Developed in partnership with the United Nations Institute for Training and Research (UNITAR), Wrong Side of the Road is a virtual learning experience that starkly conveys to users the effects of alcohol and driving, as well as the stigma and consequences that
- 09/02/2021
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Diageo North America Launches New Online Experience and Tool to Encourage People in Texas to Avoid Impaired Driving
- NEW YORK--(BUSINESS WIRE)---- $DEO--Ahead of the Labor Day holiday, Diageo North America launches a new online experience and tool in the United States to change attitudes among 21–35-year-olds around the decision to drive impaired by substances. Developed in partnership with the United Nations Institute for Training and Research (UNITAR), Wrong Side of the Road is a virtual learning experience that starkly conveys to users the effects of alcohol and driving, as well as the stigma and consequences that
- 09/02/2021
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Whiskey market has been very strong around the world: Diageo CEO
- Ivan Menezes, CEO at Diageo, joins us to discuss the opening of 'Johnnie Walker Princes Street' and the outlook for the whiskey market.
- 09/02/2021
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Diageo North America Launches New Online Experience and Tool to Encourage People in the U.S. to Avoid Impaired Driving
- NEW YORK--(BUSINESS WIRE)---- $DEO--Ahead of the Labor Day holiday, Diageo North America launches a new online experience and tool in the United States to change attitudes among 21–35-year-olds around the decision to drive impaired by substances. Developed in partnership with the United Nations Institute for Training and Research (UNITAR), Wrong Side of the Road is a virtual learning experience that starkly conveys to users the effects of alcohol and driving, as well as the stigma and consequences that
- 08/30/2021
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Captain Morgan Keeps the Summer Spirit Going with New Captain's Cocktails, Featuring Three Classic Flavors That Come Ready to Share
- NEW YORK, Aug. 19, 2021 /PRNewswire/ -- Captain Morgan is officially launching Captain's Cocktails, a brand-new line of ready-to-serve cocktails that come in three bold twists on classic flavors: Tropical Punch, Mai Tai and Long Island Iced Tea. Each flavor brings something delicious and vibrant to the table to keep the summer fun going all year, and best of all: they are beautifully packaged to share with friends (21 years old and over)!
- 08/19/2021
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Diageo Stock At $200: More Gains Likely?
- Diageo stock has increased 6% in the last one month and currently trades close to $200 per share. Along with a successful vaccine rollout, lifting of lockdowns, reopening of restaurants/pubs, and improving consumer sentiment, company specific factors were also responsible for the recent rally.
- 08/19/2021
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Buchanan's Blended Scotch Whisky Introduces 'Buchanan's La Reunión', A Multi-City Pop-Up Market Experience Reuniting Loved Ones In Celebration Of Local Hispanic Culture
- NEW YORK, Aug. 13, 2021 /PRNewswire/ -- This summer Buchanan's Blended Scotch Whisky is reuniting friends, families, and communities with Buchanan's La Reunión , a pop-up market experience that celebrates the vibrancy of local Hispanic culture while giving back to the neighborhoods that need it most. The multi-city curated events will bring together local Hispanic businesses – from florists and artists to designers and chefs – to celebrate the many traditions and sazón that make each community so unique.
- 08/13/2021
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Captain Morgan Links Up with Ben Baller to Lend its Original Flavor to an Exclusive Chain Collection
- NEW YORK, Aug. 12, 2021 /PRNewswire/ -- Captain Morgan is announcing today an official partnership with Ben Baller, one of pop culture's most iconic jewelers and entrepreneurs. As part of the collaboration, Ben is designing four custom, one-of-a-kind chains inspired by the spiced rum and his own personal flavor.
- 08/12/2021
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An exciting new chapter at the Historic Stitzel-Weller Distillery with the opening of the Garden & Gun Club
- LOUISVILLE, Ky., Aug. 3, 2021 /PRNewswire/ -- The legendary Stitzel-Weller Distillery begins a new chapter in its 86-year history with the opening of the Garden & Gun Club.
- 08/03/2021
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Plenty of reasons for optimism about Diageo, reckons Goldman Sachs
- Diageo PLC investors have plenty of reason to be optimistic even though there was no guidance with yesterday's full-year numbers, said Goldman Sachs. The Smirnoff vodka, Johnnie Walker whisky and Guinness stout maker reported organic net sales growth across all regions over the past year but warned it expects volatility in some markets in the coming months.
- 07/30/2021
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Diageo Blows Past Sales Estimates While Leaning Into Premiumization, RTDs
- As the spirits giant closes out its fiscal 2021 year, North American president Debra Crew looks back.
- 07/29/2021
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Tequila sales are on fire: Diageo CEO
- Yahoo Finance's Brian Sozzi speaks with Diageo CEO, Ivan Menezes, about the company's latest quarter, drinking trends, outlook, and much more. Watch the 2021 Berkshire Hathaway Annual Shareholders Meeting on YouTube: https://youtu.be/gx-OzwHpM9k
- 07/29/2021
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Summer '21: Tequila Don Julio Is All In
- NEW YORK, July 29, 2021 /PRNewswire/ -- This summer has already been filled with celebrations and there's still more to look forward to. Tequila Don Julio knows that no truly epic party is complete without great tequila and has pulled out all of the stops to ensure that summer 2021 gets the tequila that it deserves.
- 07/29/2021
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Diageo Should Buy Beluga Group While It's Still Cheap
- Beluga Group is the leading producer and wholesaler of alcohol in Russia. Brands that the company owns would be the perfect fit for Diageo.
- 07/29/2021
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Diageo tops up dividend 5% but more volatility expected in Asia Pacific, Africa and Latin America
- Diageo PLC, the maker of Smirnoff vodka and Guinness stout, reported organic net sales growth across all regions over the past year but warned it expects volatility in some markets in the coming months. Chief executive Ivan Menezes said the group expects organic net sales momentum to continue into the new financial year.
- 07/29/2021
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Diageo CEO: The human desire to get out and start socialising again is strong
- Ivan Menezes, CEO at Diageo, discusses the company's results.
- 07/29/2021
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Diageo tops up dividend 5% but more volatilty expected in Asia Pacific, Africa and Latin America
- Diageo PLC, the maker of Smirnoff vodka and Guinness stout, reported organic net sales growth across all regions over the past year but warned that it expects volatility in some markets in coming months. Chief executive Ivan Menezes said the group expects organic net sales momentum to continue into the new financial year.
- 07/29/2021
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Diageo organic sales blow past estimates on strong U.S. demand
- Spirits group Diageo on Thursday reported a better-than-expected rise in full-year organic net sales growth, helped by the reopening of bars and restaurants in some markets and strong retail demand across all its regions.
- 07/29/2021
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7 Stocks To Buy if the Economy Rolls Over on Recessionary Worries
- Here are seven stocks to buy based on arguments and signals indicating that the economy may not be as strong as it appears at first blush. The post 7 Stocks To Buy if the Economy Rolls Over on Recessionary Worries appeared first on InvestorPlace.
- 07/27/2021
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15 European Dividend Aristocrats to Diversify Your Portfolio
- Plenty of investors focus in on dividends, and dividend aristocrats, but if those investors only look in the U.S. they could be missing out. The post 15 European Dividend Aristocrats to Diversify Your Portfolio appeared first on InvestorPlace.
- 07/21/2021
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TAP vs. DEO: Which Stock Should Value Investors Buy Now?
- TAP vs. DEO: Which Stock Is the Better Value Option?
- 07/19/2021
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SIA Scotch Whisky Joins Forces With Wilmer Valderrama To Launch Groundbreaking New Entrepreneurship Program
- NEW YORK, July 13, 2021 /PRNewswire/ -- In the United States, multicultural entrepreneurs have reportedly received only a 2% share of venture capital annually over the last decade. [1] SIA Scotch Whisky, an award-winning spirits brand founded by a first generation Hispanic entrepreneur, is looking to help bridge this gap by partnering with celebrated activist, actor and producer Wilmer Valderrama to launch The Entrepreneurial Spirit Fund by SIA Scotch.
- 07/13/2021
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5 Top Alcohol Stocks to Emerge Strong as the Industry Recovers
- 5 Top Alcohol Stocks to Emerge Strong as the Industry Recovers
- 07/07/2021
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Captain Morgan is Celebrating This Fourth of July Weekend with Safe Rides for MLS Fans
- NEW YORK, July 1, 2021 /PRNewswire/ -- As the exclusive spirits partner of Major League Soccer, Captain Morgan is kicking off this Fourth of July weekend by helping fans get to and from gameday safely. Any MLS fan, 21 years or older, in Austin, Minneapolis/ St. Paul or Nashville traveling locally to support their club this weekend will be eligible to take advantage of a rideshare credit to be utilized toward travel to and from the stadium.
- 07/01/2021
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What's Behind The 20% Rally In Diageo Stock?
- Diageo stock has increased more than 21% in the last six months and now trades close to $193 per share. Along with a successful vaccine rollout, lifting of lockdowns, reopening of restaurants/pubs, and improving consumer sentiment, company specific factors were also responsible for the recent rally.
- 07/01/2021
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Diageo-Funded Distill Ventures Earmarks $5 Million To Back Diverse Producers
- The flagship initiative is a robust pre-accelerator program for spirits industry founders from underrepresented groups.
- 06/29/2021
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3 Reasons Why You Must Hold Diageo (DEO) in Your Portfolio
- Diageo (DEO) is poised to retain its market position through investments in online and the booming RTD category. Higher costs and disruptions in Travel Retail and on-trade businesses are headwinds.
- 06/29/2021
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Seagram's 7 American Blended Whiskey and Comedian Iliza Shlesinger Team Up to Show Support for Small Businesses, Including Dive Bars, Across the Country with the New 'Keep The Dive Alive' Campaign
- NEW YORK, June 24, 2021 /PRNewswire/ -- In time for National Dive Bar Day this summer, Seagram's 7 Crown American Blended Whiskey is raising a glass to small businesses, including dive bars, across the country by teaming up with actor and comedian, Iliza Shlesinger, to launch the brand's new "Keep the Dive Alive" campaign. As part of the platform, Seagram's 7 will release a series of tongue-in-cheek 'training materials' featuring Iliza that support the reopening of small businesses, including local dive bars, that bring moments of cohesion and celebration to our communities.
- 06/24/2021
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4 Stocks to Watch as Alcohol Sales Hit Multi-Year Highs
- Companies like Diageo plc (DEO) and Boston Beer Company (TAP) have seen a jump in their sales during the pandemic as more people ordered online while restaurants and bars remained closed.
- 06/24/2021
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Adobe, Devon Energy, Micron, Nvidia and More Friday Afternoon Analyst Calls
- Stocks are down for the fifth straight day as we approach the halfway point on Friday and get ready to conclude what has been a very volatile week.
- 06/18/2021
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RTD Category to Accelerate Alcohol Sales: 4 Stocks to Watch
- The RTD category is boosting alcohol consumption trends globally. Companies like Anheuser-Busch (BUD), Diageo (DEO), Molson Coors (TAP) and Boston Beer (SAM) steal the show.
- 06/18/2021
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Diageo becomes first spirits company to sign sponsorship deal with NFL
- Smirnoff Vodka owner Diageo has signed a multiyear deal with the NFL to become the league's first spirits sponsor.
- 06/16/2021
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Diageo Becomes First Ever Official Spirits Sponsor Of The National Football League
- NEW YORK, June 16, 2021 /PRNewswire/ -- The National Football League (NFL) today welcomed Diageo, a global leader in beverage alcohol, as its first ever Official Spirits Sponsor. The multiyear sponsorship is uniquely structured with the NFL fan in mind and will include opportunities for on-site activation and engagement with adult fans, as well as broadcast, digital, and social content from NFL Kickoff through the Super Bowl.
- 06/16/2021
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Biogen, Ingersoll Rand, Peloton, Yeti and More Monday Afternoon Analyst Research Calls
- More than halfway through the trading day, stocks were mixed as the Dow Jones industrials and S&P 500 traded lower while the Nasdaq posted a gain.
- 06/14/2021
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Nicholas Ward's Dividend Growth Portfolio: May 2021 Review
- During May, I made 13 purchases and 0 sales.
- 06/10/2021
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Bulleit Launches New "Local Bar Sundays" Hospitality Mission at Tribeca Festival and Says "First Drink Is On Us," Encouraging New Yorkers to Support Their Local Bar and Restaurants
- NEW YORK, June 10, 2021 /PRNewswire/ -- Inspired by the contribution and resilience of bars, restaurants and hospitality workers in communities everywhere, Bulleit is proud to introduce the brand's Local Bar Sundays mission at this year's Tribeca Festival, encouraging adults (21+) to make Sunday Local Bar Sunday. With so many empty bar stools and dining rooms this past year, a big piece of our community was lost.
- 06/10/2021
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Crown Royal Continues Efforts To Give Back By Co-Sponsoring 'In the Heights' Premiere After Party, Supporting Washington Heights Community Workers During Tribeca Festival
- NEW YORK, June 9, 2021 /PRNewswire/ -- After more than a year of virtual gatherings, Crown Royal is excited to bring a LIVE Generosity Hour program to Washington Heights – where consumers 21+ can come together at our private events to toast with their favorite cocktail in the name of generosity. Built on the unwavering belief that 'it's not about what you have, but about what you give,' Crown Royal is celebrating hospitality and small business workers who have always served the Washington Heights community, kicking off at this summer's Tribeca Festival.
- 06/09/2021
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CCU vs. DEO: Which Stock Should Value Investors Buy Now?
- CCU vs. DEO: Which Stock Is the Better Value Option?
- 06/07/2021
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E-Commerce Giving Alcohol Sales a Boost: 4 Stocks to Watch
- Companies like Diageo plc (DEO) and Boston Beer Company (TAP) have seen a jump in their sales during the pandemic as more people ordered online while restaurants and bars remained closed.
- 06/01/2021
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Bulleit Frontier Whiskey Partners with Historic HBCU, Kentucky State University, to Help Propel Diversity within the Spirits Industry and Support the Kentucky Community
- SHELBYVILLE, Ky., May 24, 2021 /PRNewswire/ -- Bulleit Frontier Whiskey is proud to announce a new partnership with Kentucky State University (KSU), to provide financial aid to talented students in need with an annual scholarship of $25,000 to the Master of Agriculture Sciences in Environmental Studies (MES) program.
- 05/24/2021
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CCU vs. DEO: Which Stock Is the Better Value Option?
- CCU vs. DEO: Which Stock Is the Better Value Option?
- 05/21/2021
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Diageo's (DEO) New Collaboration Center to Support Growth
- Diageo's (DEO) new collaboration center in Stamford is in sync with the Society 2030 targets along with the changing purchase and consumption patterns in the beverage alcohol industry.
- 05/18/2021
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Diageo And UNITAR Launch New Hard-hitting Anti-drink Drive Learning Experience
- LONDON, May 14, 2021 /PRNewswire/ -- Diageo, maker of Johnnie Walker, Smirnoff and Guinness, ahead of UN Global Road Safety Week, has today launched a new hard-hitting, anti-drink driving learning experience to help people understand the consequences of drink driving, and support the company's global ambition to change the attitudes of five million people towards drink driving by 2030. With recent figures estimating there has been the highest number of casualties from UK drink-driving in a decade1 and 5-35% of all road deaths worldwide believed to be alcohol related2, 'WRONG SIDE OF THE ROAD' is a unique, interactive experience that allows people to have a conversation with a real drink driver to help them understand the effects of alcohol, and the shame and stigma that comes with drink driving.
- 05/14/2021
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Johnnie Blonde Says 'Hello' To Houston
- HOUSTON, May 13, 2021 /PRNewswire/ -- Just in time for a Texas summer, Johnnie Walker, the world's number one Scotch whisky, has introduced Johnnie Blonde Blended Scotch Whisky, a surprising taste of sunshine that will excite Scotch lovers and anyone looking for something new. Johnnie Blonde is one of the most versatile whiskies the team at Johnnie Walker has ever made.
- 05/13/2021
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Guinness Maker Diageo Restarts Buybacks After Strong Recovery. The Stock Is Rising.
- The Johnnie Walker and Smirnoff maker was upbeat in its full-year profit guidance.
- 05/12/2021
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Guinness parent Diageo restarts plan to return $6.4 billion to shareholders amid strong rebound
- Guinness owner Diageo said it will resume plans to return £4.5 billion to shareholders, as its recovery from the COVID-19 pandemic continues to gather pace.
- 05/12/2021
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Diageo resumes share buybacks as trading recovery continues
- Diageo PLC (LON;DGE) has resumed its share buyback programme following a trading improvement in its latest three months. The Johnnie Walker, Smirnoff and Captain Morgan owner said it was seeing a good recovery across all regions.
- 05/12/2021
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Diageo resumes share buybacks as trading recovers
- Diageo PLC (LON;DGE) has resumed its share buyback programme following a trading improvement in its latest three months. The Johnnie Walker, Smirnoff and Captain Morgan owner said it was seeing a good recovery across all regions.
- 05/12/2021
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7 Fair Trade Stocks to Buy If You Want to #BuildBackFairer
- Investors can make money and make the world a better place with these seven fair trade stocks. The post 7 Fair Trade Stocks to Buy If You Want to #BuildBackFairer appeared first on InvestorPlace.
- 05/10/2021
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George Dickel Bottled In Bond Adds Spring Vintage To The Brand's Award-Winning Whisky Series
- TULLAHOMA, Tenn., May 10, 2021 /PRNewswire/ -- This May, esteemed Cascade Hollow Distilling Co. returns to the Bottled in Bond category with George Dickel Bottled in Bond Distilling Season Spring 2007, a limited-offering 13-year-old whisky.
- 05/10/2021
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CCU vs. DEO: Which Stock Should Value Investors Buy Now?
- CCU vs. DEO: Which Stock Is the Better Value Option?
- 05/05/2021
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CCU vs. DEO: Which Stock Should Value Investors Buy Now?
- CCU vs. DEO: Which Stock Is the Better Value Option?
- 04/19/2021
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Diageo (DEO) Witnesses Growth Amid Pandemic and Cost Headwinds
- Positive momentum in off-trade and investments in opportunities like innovation and e-commerce have been driving Diageo's (DEO) growth. Disruptions in Travel Retail and on-trade are headwinds.
- 04/13/2021
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Douglas C. Lane's Sarat Sethi on his top three reopening stock picks
- Sarat Sethi, managing partner at Douglas C. Lane, joined "Squawk Box" on Thursday to explain his top three reopening stock plays: Zimmer Biomet, Diageo and American Express.
- 04/08/2021
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CCU or DEO: Which Is the Better Value Stock Right Now?
- CCU vs. DEO: Which Stock Is the Better Value Option?
- 04/02/2021
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Bulleit Frontier Whiskey Debuts Eco-friendly Earth Day Cocktail Kit in Partnership with American Forests and Cocktail Courier to Celebrate a More Sustainable Tomorrow
- NEW YORK, April 1, 2021 /PRNewswire/ -- Furthering its commitment to building a more sustainable tomorrow, Bulleit Frontier Whiskey announced today that the brand is once again teaming up with American Forests as well as Cocktail Courier to create a limited-edition eco-friendly cocktail kit in celebration of Earth Month and Earth Day 2021. Available for cocktail and environmental enthusiasts to purchase starting today on Cocktail Courier , Bulleit will donate 22% of sales of kits during the month of April (projected to be $10,000) to American Forests in recognition of Earth Day on April 22.
- 04/01/2021
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7 Sin Stocks With Tempting Dividends
- The rise of ESG investing has caused investors to shun various industries. However, these seven sin stocks are worth watching.
- 03/30/2021
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These Best-Performing Funds All Have One Thing in Common
- In a recent series, I profiled some of the best-performing hedge funds and actively managed investment funds in the world. These included:
- 03/30/2021
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Diageo (DEO) Outlines Expansion Plans to Cash-In on RTDs Boom
- Diageo (DEO) reveals plans to install two can lines at a new facility in Plainfield, IL, in order to increase production of the currently booming RTD alcohol category.
- 03/19/2021
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Diageo North America Named Austin FC Founding Partner In Groundbreaking Spirits Sponsorship Deal
- AUSTIN, Texas, March 18, 2021 /PRNewswire/ -- Austin FC, the 27th club in Major League Soccer (MLS), announced today that it has entered into a multi-year sponsorship agreement with Diageo North America, a leader in beverage alcohol with an outstanding collection of some of the industry's most iconic brands. Diageo North America made its first significant investment in Major League Soccer in 2019 when it entered into a deal that established Captain Morgan as the league's exclusive spirits partner.
- 03/18/2021
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Diageo to spend $80 million to expand U.S. ready-to-drink beverage production
- Spirits group Diageo said on Thursday it would spend $80 million to install two new lines at a plant in Illinois, to boost production of fast growing ready-to-drink beverages.
- 03/18/2021
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CCU vs. DEO: Which Stock Is the Better Value Option?
- CCU vs. DEO: Which Stock Is the Better Value Option?
- 03/17/2021
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Raise a Toast to These 5 Stocks on St. Patrick's Day
- Raise a toast to these five stocks - Diageo plc (DEO), McDonald's (MCD), Sprouts Farmers Market (SFM), BJs Restaurants (BJRI) and Amazon (AMZN) - to find hidden luck in this Irish festival.
- 03/17/2021
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7 Alcohol Stocks To Buy for St. Patrick's Day
- With St. Patrick's Day coming up this week, we can get a head start on the festivities by taking a closer look at a handful of alcohol stocks. The post 7 Alcohol Stocks To Buy for St. Patrick's Day appeared first on InvestorPlace.
- 03/16/2021
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Diageo Debuts Ready-To-Drink Crown Royal Canned Cocktails
- Diageo plc (NYSE: DEO) has launched a ready-to-drink canned cocktail line under its Crown Royal Canadian Whisky brand. What Happened: The new line comes in three flavors:
- 03/08/2021
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Diageo Acquires Recently Launched ‘Ranch Water' Hard Seltzer
- International alcohol giant Diageo has acquired Texas-based Far West Spirits LLC, which makes the Lone River Ranch Water hard seltzer brand.
- 03/08/2021
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Diageo: H1 Had Many Moving Parts But Overall Resilience; Buy
- Diageo has strong brands, a diversified portfolio, and a good business model, the benefits of which were shown in H1 FY21 results. Compared with a prior-year period unaffected by COVID-19, group net sales grew 0.9% organically, while EBIT was down only 3.4%.
- 03/08/2021
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Diageo buys hard seltzer brand Lone River Ranch Water
- Johnnie Walker whisky maker Diageo said on Monday it has acquired Far West Spirits LLC, the parent company of Lone River Ranch Water, as it looks to expand in the fast-growing hard seltzer category.
- 03/08/2021
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4 Top Alcohol Stocks Braving the Pandemic-Led Industry Challenges
- 4 Top Alcohol Stocks Braving the Pandemic-Led Industry Challenges
- 03/04/2021
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Scotch whisky distillers hail suspension of US tariffs
- Scotch whisky distillers have hailed the scrapping of tariffs imposed on the industry by the US in a spat with the European Union over subsidies on Boeing and Airbus planes. The Trump administration imposed the 25% duty on single malts in 2019 costing the industry an estimated £500mln in lost export sales.
- 03/04/2021
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Brown-Form (BF.B) Q3 Earnings & Sales Beat on Volume Gains
- Brown-Forman (BF.B) Q3 results reflect gains from volume gains across its brand portfolio as well as geographic regions. Pandemic woes continue to hurt Travel Retail and on-premise businesses.
- 03/03/2021
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CCU vs. DEO: Which Stock Is the Better Value Option?
- CCU vs. DEO: Which Stock Is the Better Value Option?
- 03/01/2021
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Crown Royal Leans Into Legacy With Coming 2 America To Launch A Limited-Edition Pack Designed By Oscar-Winner Ruth E. Carter
- NEW YORK, Feb. 26, 2021 /PRNewswire/ -- Throughout Black Heritage Month, Crown Royal is continuing to celebrate and honor heroes in the Black Community who have achieved royal status through hard work and a generous spirit. It is through this lens that a truly royal limited-edition pack...
- 02/26/2021
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Up 60%, Diageo Stock Still Has Potential To Rise
- Diageo stock has registered a formidable recovery of more than 60% from its March 2020 low. At the current price of $167, DEO stock still looks undervalued and is a decent bet for investors.
- 02/23/2021
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Top Ranked Income Stocks to Buy for February 18th
- Top Ranked Income Stocks to Buy for February 18th
- 02/18/2021
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Liquor Sales Get a Boost From E-commerce: 5 Stocks to Watch
- Companies like Diageo plc (DEO) and Constellation Brands Inc (STZ) have seen a jump in their sales during the pandemic as more people ordered only despite restaurants and bars remaining closed.
- 02/16/2021
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Diageo: Too Expensive Common, But Look At These Puts
- January proved to be the second strongest month on record for the Tradeweb European ETF marketplace, with total traded volume amounting to EUR 50.6 billion. North America Equities was the most actively-traded ETF category during the month, with over EUR 14 billion in notional volume.
- 02/15/2021
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Top Ranked Income Stocks to Buy for February 12th
- Top Ranked Income Stocks to Buy for February 12th
- 02/12/2021
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Top Ranked Income Stocks to Buy for February 10th
- Top Ranked Income Stocks to Buy for February 10th
- 02/10/2021
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Diageo North America Establishes Innovative Program With HBCUs to Develop Future Leaders and Help Shape a More Equitable Society
- NEW YORK--(BUSINESS WIRE)--The North America business of Diageo, a global beverage leader, is committing $10 million to support 25 Historically Black Colleges and Universities (HBCUs) and creating permanent endowed funds to provide financial aid grants anticipated to benefit thousands of talented students in need over the years. Funds will be available for HBCU students across different disciplines and majors, and distributed according to each institution's financial aid process. “We are proud
- 02/03/2021
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Diageo (DEO) 1H Earnings & Sales Reflect Sequential Gains
- Diageo (DEO) 1H FY21 sales and operating profit reflect sequential gains, owing to improved market share on growth in off-trade and partial reopening of the on-trade channel.
- 01/29/2021
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Diageo PLC (DEO) CEO Ivan Menezes on Q2 2021 Results - Earnings Call Transcript
- Diageo PLC (DEO) CEO Ivan Menezes on Q2 2021 Results - Earnings Call Transcript
- 01/28/2021
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Diageo Rises As People Drink More Baileys, Tequila
- Alcohol producer Diageo plc (NYSE: DEO) said in its semiannual earnings report that spirit sales in the U.S. were higher by 15% with notable strength in the tequila category. Strong US Market: Diageo's U.S. sales in the back half of 2020 were supported by more consumers switching away from beer and wine to spirits.
- 01/28/2021
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Drinks Giant Diageo Grows Sales on Strong U.S. Demand for Spirits
- Diageo said sales climbed in the second half of 2020, as demand for tequila and other spirits surged during the Covid-19 pandemic.
- 01/28/2021
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Americans drinking more tequila at home buoys Diageo
- Diageo has set up virtual brand stores on Amazon and more broadly says it is working to make its brands easier to find and buy online.
- 01/28/2021
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Diageo CEO: We're boosting confidence by increasing dividend by 2%
- Ivan Menezes, the CEO of London-based beverage company Diago, discusses the current trading environment.
- 01/28/2021
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Diageo Is Back to Pre-Pandemic Levels: CEO
- Jan.28 -- Ivan Menezes, chief executive officer at Diageo Plc., discusses company earnings, the U.S. market and the interest in branching out into marijuana.
- 01/28/2021
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4 Sin Stocks to Buy That May Survive a Coming Massive Market Sell-Off
- It seems that regardless of what happens these days, the market pushes higher. Impeach the president after he leaves office?
- 01/27/2021
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Factors to Note Ahead of Diageo's (DEO) H1 FY21 Earnings
- Diageo (DEO) has been witnessing sequential growth across all regions in the first half of fiscal 2021, with the U.S. business surpassing expectations on resilient demand and strong spirits category.
- 01/25/2021
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Johnnie Walker Blue Label Launches Limited Edition Year Of The Ox Scotch Whisky For Lunar New Year
- The revered blend is getting a holiday makeover.
- 01/18/2021
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Diageo: Gin And Tequila Lead The Way For Growth
- A closer look at Diageo's products shows a well-diversified portfolio mix, but Diageo is currently overvalued. Management is moving towards establishing brands in higher growth segments, like gin and tequila.
- 01/05/2021
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Diageo: Good Dividend And Growth, Despite U.K. Pound's Rise
- We review our Diageo investment case 4 months since our last update, and with key developments on currency, peers' trading and COVID-19. While the pound has appreciated more than 5% against the dollar since September, we expect this to have limited impact on Diageo's earnings.
- 01/05/2021
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Diageo's Valuation Reflects A Perfect Recovery, But There Is A Lot Of Uncertainty
- Diageo has an excellent portfolio with some of the best selling spirit brands in the world. The 2020 business was significantly impacted by the pandemic. All key measures show a serious performance decrease.
- 01/05/2021
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Diageo Is A Great Company But Not Necessarily A Good Investment
- Diageo Is A Great Company But Not Necessarily A Good Investment
- 01/04/2021
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Alcohol stocks boosted by vaccine hopes
- CNBC's Frank Holland looks at rising alcohol stocks even as hopes for a vaccine grow, and the possibility of people getting out to bars and restaurants increases. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic Turn to CNBC TV for the latest stock market news and analysis.
- 12/02/2020
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Meet Diageo's 2020 Distillers Edition Collection
- Fans of Diageo's lineup of single malts have something new to be on the hunt for: six new limited-edition single malts from some of its most iconic distilleries.
- 11/29/2020
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‘We're on the hunt:' Diageo's CEO says company wants to buy more premium brands
- Ivan Menezes told CNBC Diageo wanted to add "fast growing brands with high margins at the premium end of the market."
- 11/23/2020
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Look at companies with secular growth, says Douglas C. Lane's Sethi
- There may be a bit of volatility in the cards for investors over the next few weeks, but there's still money to be made. Sarat Sethi, managing partner at Douglas C.
- 11/23/2020
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Diageo Launches New Ten-year Sustainability Action Plan
- LONDON, Nov. 23, 2020 /PRNewswire/ -- Today, Diageo, maker of Johnnie Walker, Smirnoff and Guinness, has announced a range of 25 bold and ambitious goals in its 'Society 2030: Spirit of Progress' plan, designed to make a positive impact on the world by 2030, in the 'Decade of Action' to...
- 11/23/2020
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23 International Wide Moat Dividend Growth Stocks
- As dividend growth investors, we know that wide moat stocks make a good starting point, but it is just one of many considerations on our hunt for high-quality dividend growth stocks. The stocks I'm covering in this article cover both developed and emerging markets.
- 11/23/2020
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Diageo Stock Up 50%, More Gains On The Way
- We believe that Diageo stock may be a decent opportunity at the present time. DEO stock trades at close to $155 currently and is, in fact, down 8% so far this year (from around $168 at the beginning of 2020).
- 11/18/2020
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3 Post-Election Alcohol Stocks to Buy Ahead of the Holidays
- After the presidential election, we head towards the holidays and a possible coronavirus vaccine. Thus, here are three alcohol stocks to buy.
- 11/10/2020
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November 2020 Stocks - Materials, Communications, And Consumer Goods
- The time has come for us to look at just what sort of companies may be appealing to invest in during November of 2020. We look at the areas of Basic Materials/Chemicals, Communications as well as Consumer Goods, both in staples and discretionary companies.
- 11/03/2020
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IMF October Buys: The 13 Stocks Added To My Fund
- We discuss the 13 stocks I added to my portfolio in October. I lay out the bull case for Northwest Natural as it trades near its highest dividend yield in 10 years.
- 10/30/2020
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Diageo: A Rare U.K. Dividend Aristocrat
- I apply dividend aristocrat criteria to the U.K. main board. Three names come up: Diageo, Halma and Scottish Mortgage Investment Trust.
- 10/28/2020
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Tracking Wallace Weitz's Weitz Investment Management Portfolio - Q2 2020 Update
- Wallace Weitz's 13F portfolio value increased from $1.88B to $2.01B this quarter. The number of positions decreased from 69 to 65.
- 09/15/2020
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20 More Stocks I Hope To Buy During The Next Market Sell-Off (High Yield Edition)
- In this article, I use yield thresholds, instead of valuation multiples, to arrive at recession wish list buy targets.
- 09/10/2020
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A 91 Kiplinger 'Most Reliable Dividend Stocks On Earth' September Update
- Kiplinger insights for investors online, offered this list of 91 Top Dividend Stocks From Around The World July 13.
- 09/09/2020
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Tracking Gardner Russo & Gardner Portfolio - Q2 2020 Update
- Gardner Russo & Gardner’s 13F portfolio value decreased from $9.89B to $9.84B. Russo dropped The Swatch Group AG and reduced JCDecaux SX during the quarter.
- 09/08/2020
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Nicholas Ward's Dividend Growth Portfolio: August 2020 Review
- My passive income increased 15.9% year over year. My portfolio posted gains of 8.6% during August.
- 09/07/2020
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33 Dividend Stocks Fit For COVID-19 Times: A September Update
- Kiplinger listed five sets of dividend stocks qualified to survive the Covid-19 pandemic. Barron's weekly added one more.
- 09/07/2020
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Rotating Into Value For The Remainder Of 2020
- Growth has massively outpaced value for nearly the last decade. This trend may well continue into the future, but its definitely not a straight line.
- 09/06/2020
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Diageo Buys Aviation Gin, I'm Buying Diageo Stock
- Diageo recently announced a deal to pay up to $610 million for Aviation Gin. Some investors have questioned the deal, however I think management deserves the benefit of the doubt.
- 09/01/2020
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IMF August Buys: The 12 Stocks Added To My Fund
- 12 stocks for the portfolio this month. New positions in Louis Vuitton, Reynolds, and CF Bankshares.
- 08/31/2020
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Pernod Ricard Is A Buy And Hold Forever Stock
- Pernod Ricard is a leading alcoholic company formed by moats. The dividend yield of 2% indicates it is a good time to buy shares.
- 08/28/2020
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Diageo: Buying This Recession-Proof 33-Year Dividend Aristocrat At A Decent Valuation
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Diageo Buys Davos Brands to Step Up its Premium Gin Game
- Diageo (DEO) acquires Ryan Reynolds-led Davos Brands in a bid to ramp up its super-premium gin product category, which has been lately gaining traction.
- 08/18/2020
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PRESS DIGEST-British Business - Aug. 18
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Ryan Reynolds-backed gin bought in $610m deal
- Aviation American gin, in which the Hollywood actor holds a major stake, has been sold to Diageo.
- 08/17/2020
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Diageo Spends Up to $610 Million for Ryan Reynolds' Gin Company
- The world's largest liquor maker, Diageo (NYSE: DEO), said it is buying Aviation American Gin through an acquisition of Aviation Gin and Davos Brands. Aviation American Gin is majority owned by Davos Brands and co-owned and promoted by Ryan Reynolds. The deal includes an initial payment of $335 million, and a potential additional $275 million, based on the performance of Aviation American Gin over the next 10 years.
- 08/17/2020
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Diageo Buys Gin Brand - Actor Ryan Reynolds Remains Co-Owner
- Diageo will pay up to $610 million for Aviation Gin and Davos Brands. Actor Ryan Reynolds will stay on as a co-owner.
- 08/17/2020
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Diageo adds Ryan Reynolds’ Aviation American Gin to its portfolio with deal that values the brand up to $610 million
- Diageo PLC said Monday that it has acquired Davos Brands LLC, the parent company to Aviation American Gin, for a total consideration of $610 million. “Deadpool” actor Ryan Reynolds is one of the owners of Aviation American Gin; he’ll retain a stake in the brand. Aviation is the second-largest “super premium” gin brand in the U.S., according to Diageo (DEO)(UK:DGE) .
- 08/17/2020
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Diageo to buy Ryan Reynolds' gin through $610 million Davos Brands deal
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Walmart's Flipkart eyes alcohol delivery foray with Indian startup, letters show
- Walmart's e-commerce platform Flipkart has partnered with a startup backed by spirits giant Diageo to deliver alcohol in two Indian cities, according to government letters seen by Reuters, months after Amazon planned a similar foray. Flipkart and Amazon's interest in delivering alcohol in India marks a bold move to make inroads into an alcohol market that is worth $27.2 billion, according to estimates by IWSR Drinks Market Analysis.
- 08/14/2020
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Brown-Forman: 9% Arbitrage Between A And B Class Shares
- The difference between Brown-Forman's A and B class shares is reaching its widest point in years. The A shares are superior to the B shares in every way except liquidity.
- 08/14/2020
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U.S. tariffs weigh on Europe stocks; Airbus dips
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Tracking Tweedy Browne Portfolio - Q2 2020 Update
- Tweedy Browne’s 13F portfolio value increased from $2.15B to $2.51B this quarter. The largest five individual stock positions are Alphabet, Berkshire Hathaway, Johnson & Johnson, Cisco Systems, and Baidu, and they account for ~55% of the portfolio.
- 08/12/2020
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Did Hedge Funds Make The Right Call On Diageo plc (DEO) ?
- The latest 13F reporting period has come and gone, and Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F filings show the funds' and investors' portfolio positions as of March 31st, a week after the market trough. Now, we are […]
- 08/12/2020
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Nearly Two Centuries In The Making: Guinness, The Brewing Irish, Are Partnering With The Fighting Irish Of The University Of Notre Dame
- While this may not be the launch moment we planned for, when a partnership nearly two centuries in the making comes together, it's a reminder that history's best teams are built over time. Guinness is proud to announce it is now a partner and Official Beer of Notre Dame Fighting Irish Alumni and Fans, a group that numbers well over 40 million across the U.S. Our seven-year partnership will unite two Irish institutions and bring to life new traditions, like raising a Guinness toast to honor the Irish faithful – whether you're Irish by blood or in spirit.
- 08/12/2020
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Liontrust's 3 Sources of Economic Advantages
- Similar to Warren Buffett's economic moat, the British asset manage's thesis continues to consistently outperform Continue reading...
- 08/10/2020
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It Might Not Be A Great Idea To Buy Diageo plc (LON:DGE) For Its Next Dividend
- Diageo plc (LON:DGE) stock is about to trade ex-dividend in three days. If you purchase the stock on or after the 13th...
- 08/09/2020
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Do These 3 Checks Before Buying Diageo plc (LON:DGE) For Its Upcoming Dividend
- It looks like Diageo plc (LON:DGE) is about to go ex-dividend in the next three days. You will need to purchase shares...
- 08/09/2020
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New Strong Sell Stocks for August 7th
- Here are 5 stocks added to the Zacks Rank 5 (Strong Sell) List today
- 08/07/2020
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PRESS DIGEST-Financial Times - Aug 7
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PRESS DIGEST-British Business - Aug. 7
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Kane Brown and The Crown Royal Purple Bag Project Team Up with Veterans to Release "Homesick (Veterans Version)" and Give Back to American Heroes
- Anchored in its longstanding belief that 'it's not about what you have, but about what you give,' Crown Royal is giving back to support American heroes who are serving on the frontlines and minority veterans in their fight for social justice. The Crown Royal Purple Bag Project is enlisting the help of award-winning, multi-platinum country music artist Kane Brown and a team of veteran singer-songwriters to remix his number one single "Homesick," launching on the one-year anniversary of the song's original release date.
- 08/05/2020
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Diageo (DEO) FY20 Earnings & Revenues Reflect Coronavirus Woes
- Significant impacts of the coronavirus outbreak in the second half of fiscal 2020 affect Diageo's (DEO) results in fiscal 2020, despite robust gains in the first half.
- 08/05/2020
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GLOBAL MARKETS-Asia shares poised to open lower, gold at fresh record
- Asia shares were set to open lower on Wednesday, following a choppy trading session on Wall Street and losses in Europe. Nikkei futures were trading 0.3% below the Nikkei 225 index's previous close. Wall Street shares ended higher after choppy trade as hopes mounted U.S. leaders would agree on another coronavirus stimulus package.
- 08/04/2020
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GLOBAL MARKETS-Gold soars past $2,000, gold up on stimulus plan
- Gold surged past the $2,000 mark on Tuesday after Democrats and the White House appeared closer to agreement on new stimulus to help the coronavirus-hit economy while stocks on Wall Street ended higher as investors awaited more aid from Washington. Oil prices also rose on the prospect of more stimulus but Treasury yields fell to their lowest since March on safe-haven demand and concerns about the ultimate cost of aid. Gold prices breached the psychological $2,000 level for the first time, propelled by stimulus concerns.
- 08/04/2020
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GLOBAL MARKETS-Gold soars past $2,000, gold up on stimulus hopes
- Gold surged past the $2,000 mark on Tuesday after Democrats and the White House appeared closer to agreement on new stimulus to help the coronavirus-hit economy while stocks on Wall Street traded mixed as investors awaited more aid from Washington. Oil prices also rose on the prospect of more stimulus but Treasury yields fell to their lowest since March on safe-haven demand and concerns about the ultimate cost of aid. Gold prices breached the psychological $2,000 level for the first time, propelled by hopes Washington will approve more stimulus to combat the economic toll of the still spreading pandemic.
- 08/04/2020
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Tequila Helped Diageo Toast Booming North American Sales. Here’s Why Global Earnings Slumped.
- U.K.-listed drink giant Diageo booked a £1.3 billion ($1.69 billion) one-off charge, sending shares down 4.9% on Tuesday.
- 08/04/2020
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Diageo's Full-Year Results Offer Glimpse Into Alcohol Sales During COVID-19
- Shares of Diageo plc (NYSE: DEO) were losing ground Tuesday after the parent company of Johnnie Walker and other alcohol brands released preliminary full-year results for fiscal 2020. What Happened: Diageo, the world's largest alcohol maker, said total net sales for the fiscal year were down 8.7% at 11.8 billion pounds ($15.4 billion).Diageo CEO Ivan Menezes said in the release that the COVID-19 pandemic more than erased gains made in the first part of the year.Diageo also owns iconic brands like Smirnoff vodka and Guinness beer.The North American market recorded organic net sales growth of 2%, mostly from strong sales in grocery stores.But this trend wasn't duplicated elsewhere, as Americans tend to consume more alcohol at home than in bars or restaurants.Diageo's second-largest market, India, recorded a 17% organic sales decrease, as alcohol sales were banned in the country amid the pandemic.Elsewhere, the typical Korean consumer started to transition away from Scotch in favor of low-alcohol products.The company also took a 1.36-billion-pound impairment charge due to challenging conditions in India, Korea, Nigeria and Ethiopia.Diageo's Online Presence: The alcohol industry isn't typically associated with a thriving online business, but Diageo is adapting. The company saw its e-commerce business double in the most recent quarter, although it is still a relatively small part of the business, Diageo CEO Ivan Menezes said in a Bloomberg TV interview.View more earnings on DEOThe company is also benefiting from U.S. bars offering cocktail kits consisting of its beverages for delivery, the CEO said.Similar delivery options are being offered throughout the world, such as in some states in India, East Africa and elsewhere, he said. "We are moving with a log of agility to ensure we are serving our consumers effectively under these conditions." Consumers Will Return: While consumers will ultimately want to return to bars, restaurants, concerts, and events, Diageo is focusing on creating experiences at home, Menezes said.As an example, the company heavily pushed Bailey's liquor as a baking ingredient and advertised unique drink ideas out of ingredients typically found in someone's cupboard."There is a huge desire to get bar quality cocktails at home," the CEO said. DEO Price Action: Diageo shares were down 4.87% at $140.87 at last check Tuesday. Related Links:Coca-Cola Enters Hard Seltzer Market With Alcoholic Topo ChicoConstellation Brands CEO Talks New Corona Hard Seltzer, 'Pretty Good' Q1 See more from Benzinga * Would You Like Some Merch With Your Chipotle Burrito? * 2 Trading Pros Make The Case For Nikola, Nio Over Tesla In EV Stock Race * Cramer: Your Favorite Restaurant 'Can't Survive On Delivery Alone'(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 08/04/2020
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GLOBAL MARKETS-Gold charges toward $2,000, stocks climb on stimulus hopes
- Gold surged to a record high on Tuesday after Democrats and the White House appeared closer to agreement on new stimulus to help the coronavirus-hit economy and a broad swath of Wall Street edged up as investors awaited more aid from Washington. Oil prices also rose on the prospect of a new package but Treasury yields slid to their lowest since March on safe-haven demand and concerns about the ultimate cost of a stimulus bill. Gold surged to the psychologically important level of $2,000 an ounce after the U.S. Senate's top Democrat said a new round of coronavirus relief was moving in the right direction, though the two sides remain far apart.
- 08/04/2020
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Diageo Says Higher North American Alcohol Sales Can't Offset Drops Elsewhere
- The maker of Johnnie Walker says organic net sales declined by 23% for the second half of its fiscal year.
- 08/04/2020
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Diageo Stock Drops as Bar Closings Hurt Bottom Line
- Diageo shares fell after the London liquor producer reported fiscal 2020 declines in sales and earnings as bars closed due to coronavirus-related lockdowns.
- 08/04/2020
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These companies have been hit hard as coronavirus causes earnings to plunge
- Earnings at major European companies sank in the second quarter of the year, revealing the impact of the COVID-19 pandemic on the economy and reflecting major uncertainties about the region’s continuing recovery.
- 08/04/2020
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GLOBAL MARKETS-World shares hit five-month high; mixed earnings knock European shares
- European shares were mixed on Tuesday after company earnings reports, and the dollar's rebound stalled as investors waited for talks about government aid in the United States to make progress. Strong U.S. manufacturing data boosted sentiment through the Asian session, even as Sino-U.S. relations took a turn for the worst. After a rally on Monday, European shares opened higher but quickly slipped into the red, with the pan-European STOXX 600 down 0.3% and London's FTSE 100 flat on the day by 1034 GMT.
- 08/04/2020
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Diageo Offers High Quality At A Reasonable Price
- Diageo boasts some of the greatest spirits and beer brands in the world, some tracing their histories back almost 300 years.
- 07/31/2020
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Build The Ultimate Sleep Well At Night Retirement Portfolio With These 15 High-Yield Blue-Chips
- Seven-hundred and seventy-three (773) companies have cut dividends in the first half of this extremely volatile year for stocks.
- 07/19/2020
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Diageo (DEO) Plans to Launch Paper Packaging for Spirits
- Diageo (DEO) to launch a paper bottle for the Johnnie Walker brand in 2021, replacing the existing glass bottles.
- 07/14/2020
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You May Have to See to Believe Johnnie Walker Parent Company's New Sustainability Concept
- Diageo (NYSE: DEO), maker of the Johnnie Walker labels and Smirnoff Vodka, as well as other brands, has announced that it will pilot a sustainable, paper-only bottle for a limited-edition run of Johnnie Walker. Diageo said it is introducing the first bottle for spirits that is entirely plastic-free and made from sustainably sourced wood. The two have created Pulpex Limited, which is dedicated to developing technology that supports sustainable packaging.
- 07/13/2020
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Johnnie Walker to be sold in paper bottles
- Drinks-maker Diageo, which makes Johnnie Walker, expects to trial the new packaging in 2021.
- 07/13/2020
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Diageo to launch Johnnie Walker whisky in paper bottles in 2021
- The new bottle, developed in partnership with venture management company Pilot Lite, will be made from wood pulp that meets food grade standards and is fully recyclable, the Guinness and Tanqueray Gin maker said. Diageo and Pilot Lite have launched a sustainable packaging company called Pulpex Ltd to develop the paper bottle and collaborate on research and development. Pulpex will also create branded paper-bottles in non-competing categories for companies including Lipton team maker Unilever Plc and soda maker PepsiCo , which are also expected to launch next year.
- 07/13/2020
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Diageo Announces Creation of World's First Ever 100% Plastic Free Paper-based Spirits Bottle
- Diageo, makers of Johnnie Walker, Smirnoff and Guinness, has today announced that it has created the world's first ever 100% plastic free paper-based spirits bottle, made entirely from sustainably sourced wood. The bottle will debut with Johnnie Walker, the world's number one Scotch Whisky, in early 2021.
- 07/13/2020
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The 33 Fit Dividend Stocks For Our Times: July's, 2020 Assortment
- Kiplinger listed five sets of dividend stocks qualified to survive the pandemic. Barron's weekly added one more.
- 07/13/2020
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Lindsell Train Investment-Insights - June 2020
- Lindsell Train was established in 2000 by Michael Lindsell and Nick Train. Reflecting their experience, The business focuses predominantly on the management of UK, Global and Japanese equity mandates.
- 07/10/2020
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Diageo (LON:DGE) Shareholders Have Enjoyed A 39% Share Price Gain
- Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the...
- 07/10/2020
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Why Diageo Stock Fell 16.2% in the First Half of 2020
- Shares of Diageo (NYSE: DEO) fell 16.2% over the first six months of 2020, according to data from S&P; Global Market Intelligence, versus a 3% loss for the S&P; 500 index. While the coronavirus pandemic ought to have benefited alcohol producers like distiller Diageo, which owns the best-selling Scotch whisky brand Johnnie Walker, the required closure of bars, restaurants, and nightclubs removed a large swath of its business. Analysts say spirits like Scotch whisky are more apt to be consumed in those kinds of premises than at home, where beer and other alcoholic beverages like hard seltzer have a better chance of success.
- 07/07/2020
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Zuckerberg to Meet Civil Rights Groups That Led Facebook Boycott
- (Bloomberg) -- Facebook Inc. Chief Executive Officer Mark Zuckerberg and Chief Operating Officer Sheryl Sandberg will meet with at least three civil rights groups on Tuesday after their organizations led an advertising boycott of the social media giant.The Facebook executives will meet with Anti-Defamation League Chief Executive Officer Jonathan Greenblatt, Color of Change President Rashad Robinson and Derrick Johnson, chief executive officer of the National Association for the Advancement of Colored People, a Facebook spokesman confirmed.Facebook and the groups didn’t disclose further details of the meeting.Facebook reached out to the civil rights groups last week to arrange a meeting with Sandberg and Chief Product Officer Chris Cox, a company spokesman said. The civil rights groups said they wanted Zuckerberg to be at the meeting and he later confirmed he would attend, the spokesman added.Starbucks Corp., Levi Strauss & Co., PepsiCo Inc. and Diageo Plc were among the most recent companies to say they’re curtailing ad spending, part of an exodus aimed at pushing Facebook and its peers to suppress posts that glorify violence, divide and misinform the public, and promote racism and discrimination.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- 07/02/2020
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Constellation Brands buys direct-to-consumer Empathy Wines
- Constellation Brands inks a splashy deal with a well known, up and coming wine brand. Yahoo Finance speaks to the two people behind the transaction.
- 07/01/2020
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IMF June Buys: The 16 Stocks Added To My Portfolio
- I added 16 stocks to the portfolio this month. Many names are holdovers from May. However, I found some other ones to add to the portfolio as well.
- 06/30/2020
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Microsoft Pauses Facebook, Instagram Advertising Spending
- (Bloomberg) -- Microsoft Corp. has paused global advertising spending on Facebook Inc. and Instagram because of concerns about ads appearing next to inappropriate content, according to a person familiar with the matter.The software giant spent an estimated $116 million in Facebook advertising in 2019, and was the company’s third-largest advertiser last year, according to data from Pathmatics. Microsoft initially halted spending on the sites in the U.S. in May and has now expanded that globally, said the person, who didn’t want to be named discussing internal corporate matters. Axios earlier reported the move, citing comments from Chief Marketing Officer Chris Capossela in an internal Microsoft message board.Capossela did not immediately return an email asking for comment.A list of companies pulling back spending on Facebook properties is lengthening almost by the minute, part of an exodus aimed at pushing the social network and its peers to limit hate speech and posts that divide and misinform. Starbucks Corp. and Diageo Plc, Ford Motor Co. and HP Inc. are among those who said they are stopping ads on social networks for now.Microsoft’s concerns relate purely to the placement of ads next to certain content and aren’t a statement about Facebook’s policies, the person said.The company has spoken with Facebook and Instagram executives on what steps will be needed to resume spending and expects the advertising halt to be in effect through August.Although it didn’t disclose it publicly at the time, Microsoft was among companies that pulled ads from YouTube in February 2019 amid concerns about child pornography, the person said.(Updates with timing in the sixth paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- 06/29/2020
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Facebook Sales at Risk as Starbucks Bails, GM Plans Review
- (Bloomberg) -- Facebook Inc. fielded criticism from a growing number of consumer companies over harmful content on its sites, with Starbucks Corp. and Diageo Plc pulling back on ad spending and General Motors Co. planning to review its social media marketing strategy.Starbucks and Diageo followed Unilever, Coca-Cola Co. and several other companies in saying they will cut ad spending, part of an exodus aimed at pushing Facebook and its peers to limit hate speech and posts that divide and misinform. Microsoft Corp., which was Facebook’s third-largest advertiser last year, has paused global ad spending on the site because of concerns about ads appearing next to inappropriate content, according to a person familiar with the matter. The list of companies taking similar action lengthened on Monday. Britvic Plc, which supplies a wide range of soft drinks, Patreon Inc. and The Clorox Co. all said they will stop advertising on Facebook while GM said it’s “reviewing and reinforcing” its marketing guidelines.Read more: How to Go Cold Turkey on $77 Billion of Facebook Ads: Alex WebbWhile a single advertiser can do little to hurt a company that generated $17.7 billion in revenue last quarter, the rising tally creates peer pressure on other brands, and civil rights groups say they expect more corporations to join a boycott. Combined with a pandemic-fueled economic slowdown, the threat to Facebook is deepening.“Given the amount of noise this is drawing, this will have significant impact to Facebook’s business,” Wedbush Securities analyst Bradley Gastwirth wrote in a research note. “Facebook needs to address this issue quickly and effectively in order to stop advertising exits from potentially spiraling out of control.”Shares gained 2.1% Monday to close at $220.64 in New York, after dropping 8.3% on Friday. Unilever, one of the world’s largest advertisers, said it would cease spending on Facebook properties this year, eliminating $56 billion in market value and shaving the net worth of Chief Executive Officer Mark Zuckerberg by more than $7 billion.Facebook was already bracing for weakness in the second quarter, which ends this week. Chief Financial Officer Dave Wehner said in an April earnings call that he saw the “potential for an even more severe advertising industry contraction.”The number of coronavirus cases has surged in the intervening months, prompting many parts of the country to slow or roll back reopening efforts and giving advertisers added justification to rein in spending. Facebook’s sales will rise 1% in the June period, followed by a 7% increase in the third quarter, analysts predict, by far the smallest quarterly growth increases since the company went public.Advertiser boycotts in July could cost Facebook more than $250 million in the third quarter if 25% of its top 100 buyers pause spending, and as much as $500 million if 50% of the top advertisers stop, according to Bloomberg Intelligence analyst Jitendra Waral.Zuckerberg announced changes Friday designed to appease critics, but the Anti-Defamation League, one of the groups calling for the boycott, called the amendments “small.”Some analysts have said the financial impact of recent exits will be limited, citing past advertiser revolts. Even so, this exodus is distinct in key ways, Bernstein Securities analyst Mark Shmulik wrote in a research note Saturday. There’s heightened pressure to publicly demonstrate that brands stand with civil-rights groups, he said.“The current environment is very different,” Shmulik wrote. “It is very visible who is and isn’t participating in the boycott where brand silence [equals] being complicit.”(Updates to add Microsoft withdrawl in second paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- 06/29/2020
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Bulleit and Guinness parent Diageo goes green with carbon-neutral distillery in Kentucky
- Spirits giant Diageo announced Monday that it’s going green with its newest whiskey-making venture in the Bluegrass State.
- 06/29/2020
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Clorox to halt Facebook ad spending through December
- Clorox is the latest company to boycott Facebook, pausing all ads on the platform through December. Arisha Hatch, Color of Change's Vice President and Chief of Campaigns, joins Yahoo Finance's Zack Guzman to break down the growing number of companies joining the social media ban.
- 06/29/2020
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Diageo Plans Sustainability, Strengthens E-commerce Channel
- Diageo (DEO) looks to strengthen its e-commerce presence to tap the shift of demand from on-premise due to growing in-home consumption amid the coronavirus pandemic.
- 06/29/2020
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Diageo Takes Stride Towards Climate Change Goal with First Carbon Neutral Distillery
- Global beverage leader Diageo announced today that its new Kentucky whiskey distillery, which will distill Bulleit, is expected to be carbon neutral – one of the largest in North America, and a first for Diageo. Reinforcing Diageo's global commitment to reducing its carbon emissions and addressing climate change, the site will be powered by 100% renewable electricity, with a capacity to produce up to 10 million proof gallons per year.
- 06/29/2020
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An Unstoppable Force Vs. An Immovable Object
- A record amount of stimulus has supported equity markets, while the economy continues to face serious issues. The U.S. has higher unemployment rates than many d
- 06/29/2020
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Facebook’s Growing Ad Exodus Means More Risks to Revenue Growth
- (Bloomberg) -- A growing list of Facebook Inc.’s advertisers is set to halt spending on social media, undermining the company’s sales outlook and putting its stock price under further pressure.Starbucks Corp., Levi Strauss & Co., PepsiCo Inc. and Diageo Plc were among the most recent companies to say they’re curtailing ad spending, part of an exodus aimed at pushing Facebook and its peers to suppress posts that glorify violence, divide and disinform the public, and promote racism and discrimination.No single company can significantly dent growth at Facebook, which generated $17.7 billion in revenue last quarter alone. But a rising tally adds to pressure on other brands to follow suit, and when combined with a pandemic-fueled economic slowdown, the threat to Facebook deepens.“Given the amount of noise this is drawing, this will have significant impact to Facebook’s business,” Wedbush Securities analyst Bradley Gastwirth wrote in a research note. “Facebook needs to address this issue quickly and effectively in order to stop advertising exits from potentially spiraling out of control.”As more brands publicize plans to join boycotts or otherwise rein in ad spending, Facebook shares remain under pressure. The stock tumbled 8.3% Friday after Unilever, one of the world’s largest advertisers, said it would halt spending on Facebook properties this year, eliminating $56 billion in market value and shaving the net worth of Chief Executive Officer Mark Zuckerberg by more than $7 billion. Shares closed at $216.08 Friday after reaching a record $242.24 the preceding Tuesday.Facebook was already bracing for weakness in the second quarter, which ends this week. Chief Financial Officer Dave Wehner noted in an April earnings call the “potential for an even more severe advertising industry contraction.”The number of coronavirus cases has surged in the intervening months, prompting many parts of the country to slow or roll-back reopening efforts and giving advertisers added justification to rein in marketing spending. Facebook will eke out 1% revenue growth in the June period, followed by a 7% increase in the third quarter, according to analysts’ current projections, by far the smallest quarterly growth increases since the company went public.Starbucks said Sunday that it would pause spending on all social media platforms while it carries out talks internally, with media partners and civil rights groups “in the effort to stop the spread of hate speech.”Trump PostsWhile some companies are targeting social media generally, including Twitter Inc., many are singling out Facebook specifically. Zuckerberg has been more reticent to put limits on discourse, notably controversial posts by U.S. President Donald Trump, saying that he doesn’t want Facebook to be an arbiter of what’s true.That’s prompted a consortium of civil rights and other advocacy groups, including Color of Change and the Anti-Defamation League, to urge advertisers to stop spending on Facebook-owned platforms for July to protest the company’s policies.Zuckerberg responded Friday to the growing criticism, saying that Facebook would label all voting-related posts with a link encouraging users to look at its new voter information hub. The social network also expanded its definition of prohibited hate speech for advertising.“We understand people want to put pressure on Facebook to do more,” Facebook vice president Nick Clegg said Sunday on CNN’s Reliable Sources. “That’s why we made those additional announcements in Friday. That’s why we’ll continue to redouble our efforts, because, you know, we have a zero tolerance approach to hate speech.”The Anti-Defamation League called the changes “small.”The stampede of advertisers, combined with lobbying from civil rights groups, leaves Zuckerberg in a bind. He could take further steps to curtail harmful content, but that risks alienating free-speech advocates and supporters of Trump who have argued that Facebook is censoring political discourse and suppressing conservative voices.Distinct ExodusHe could also stand pat on a bet that this advertising pause will be short-lived, as have social media ad boycotts in the past. But this exodus as distinct, Bernstein Securities analyst Mark Shmulik wrote in a research note Saturday. There’s heightened pressure to publicly demonstrate that brands stand with civil rights groups, he said. “The current environment is very different,” Shmulik wrote. “It is very visible who is and isn’t participating in the boycott where brand silence [equals] being complicit.”Will Zuckerberg budge? While major brands like Unilever and Coca-Cola have garnered most of the headlines, the vast majority of Facebook’s 8 million advertisers are small businesses, many of which rely heavily on Facebook advertising for sales. Some in the ad industry don’t believe that these businesses, particularly those in commerce and direct-to-consumer sales, can actually afford to halt spending.“Pulling off for a whole month would really hurt their business,” Deutsche Bank analyst Lloyd Walmsley said earlier this week. “It’s a lot to ask for.”In its outreach to advertisers last week, Facebook has said it doesn’t intend to make decisions based on sales. “We have been consistent that we do not make policy changes tied to revenue pressure,” Facebook said on Wednesday in a memo obtained by Bloomberg News. “We set our policies based on principles rather than business interests.”Whatever additional moves Facebook makes, there’s reason to believe the departure of advertisers won’t end soon. “Advertisers who have seen their own ads published against hateful, horrible content on Facebook -- racist, anti-Semitic poison -- they are finally saying ‘enough’,” Jonathan Greenblatt, CEO of the Anti-Defamation League, said Friday in an interview with Bloomberg Television. “Our phones have been ringing off the hook with advertisers. I can tell you more are coming.”For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- 06/28/2020
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Facebook fails to stem advertising boycott over hate speech
- Facebook's efforts to stem a growing client boycott by introducing new policies failed over the weekend, with big brands including Diageo, Starbucks and Levi’s pulling spending. Facebook will head into July with dozens of brands including Unilever, Verizon and Coca-Cola cancelling advertising for between a month and six months — despite last-ditch attempts by the social media network to stop the boycott gathering steam. Facebook’s chief executive Mark Zuckerberg on Friday announced plans on a live stream to prohibit hate speech in ads and better protect groups such as immigrants from attack.
- 06/28/2020
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Diageo bets on ecommerce in Brazil to make up for closed bars and restaurants
- Diageo Plc, the world's largest spirits maker, has doubled efforts to strengthen its presence in e-commerce channels in Brazil as the coronavirus pandemic triggered lockdowns, driving customers to drink at home, a company executive said on Friday. "Consumption at home has increased significantly over the past three months, but does not fully compensate revenue lost with the closure of bars, restaurants, nightclubs and events," Diageo's managing director for Brazil, Paraguay and Uruguay, Gregorio Gutierrez, told Reuters in an interview. "As soon as these on-trade channels closed, we reallocated our resources to an online task force," Gutierrez added.
- 06/26/2020
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Hedge Funds Cautiously Watching Diageo plc (DEO)
- In this article you are going to find out whether hedge funds think Diageo plc (NYSE:DEO) is a good investment right now. We like to check what the smart money thinks first before doing extensive research on a given stock. Although there have been several high profile failed hedge fund picks, the consensus picks among […]
- 06/23/2020
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Diageo Launches $100 Million Recovery Fund to Help Pubs and Bars Welcome Back Customers After Lockdown
- Diageo, maker of GUINNESS, has today announced a new global programme to support pubs and bars to welcome customers back and recover following the COVID-19 pandemic. "Raising the Bar" will be a two-year programme available from July 2020.
- 06/23/2020
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Diageo pushes release of full-year earnings report due to COVID-19
- Diageo Plc, the world's largest spirits maker, said on Monday it would delay the publishing of its full-year report for fiscal 2020 by five days to give its auditors more time to prepare and review statements during the coronavirus pandemic. British regulators have given publicly traded companies an additional two months to prepare their financial statements, making the deadline six months from their financial year-end. Diageo will now publish its preliminary results for the year ended June 30 on Aug. 4, instead of July 30, and will also delay the release of its annual regulatory filing by two days.
- 06/22/2020
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17 Low-Volatility Blue-Chips You Can Safely Buy During These Dangerous Times
- Volatility has returned to the market due to the highest market valuations in 19 years, combined with concerns about rising US COVID-19 cases and skepticism abo
- 06/22/2020
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Beer Seen as Less Risky Than Spirits During the COVID-19 Pandemic
- The novel coronavirus pandemic makes Diageo (NYSE: DEO) a riskier investment because of its exposure to the travel and tourism industry. Credit Suisse analyst Sanjeet Aujla told investors in a note that he favored brewers over distillers right now because spirits are more apt to be consumed in restaurants and bars than beer. Diageo derives a quarter of its revenue from Scotch whisky and owns the world's bestselling brand, Johnnie Walker.
- 06/17/2020
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Indian military stores orders for Pernod, Diageo dry up - sources
- Pernod Ricard and Diageo , two of the world's biggest spirit makers, have stopped receiving orders for their imported brands from India's defence canteen stores where they were sold at concessional prices, industry sources told Reuters. The move is seen as part of Prime Minister Narendra Modi's "vocal for local" campaign in which he has called for promotion of indigenous products to make India self-reliant during the coronavirus pandemic, a government measure that critics have called protectionist and against foreign businesses. India's defence canteens provide access to both local and imported products such as liquor and electronics at less-than-market rates to soldiers, ex-servicemen and their families.
- 06/17/2020
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Here’s how U.K. fund managers are investing, based on where they think inflation will go
- Inflation or deflation? U.K. fund managers are split on what the longer-term impact of COVID-19 will be.
- 06/16/2020
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Diageo downgraded and Heineken upgraded as Credit Suisse prefers beers to spirits
- Credit Suisse lowered its rating on Diageo to neutral from outperform, while it upgraded Heineken to outperform from neutral. The broker said beer is outperforming spirits across most major markets excluding the U.S., and premium beer in emerging markets "is now a more credible trade-down alternative to premium spirits, in particular scotch." Beer also is less exposed to restaurant and travel, the brokerage said.
- 06/15/2020
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Markets Now - Monday 15th June 2020
- This should add 4-5% points to the gearing ratio on 1Q20 financials, on our estimates. While we previously flagged the Cineplex acquisition as a key piece of short-term uncertainty, the termination of the deal does not change our thesis and we remain concerned about how Covid-19 has accelerated structural risks to exhibitors (Premium Video on Demand), diminished the capex-driven bull case, and created uncertainty on the shape of cinema attendance recovery.
- 06/15/2020
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Diageo Announces $20 Million Community Fund to Support Social Justice in America, Helping Black Communities and Businesses Recover from COVID-19
- Continuing its efforts to support under-represented groups and communities, especially those in the hospitality industry who have been so badly affected by COVID-19, Diageo today announces the creation of the Diageo Community Fund. With a commitment of $20 million, the Fund will help address the urgent needs of Black communities and businesses who have been disproportionately harmed by Covid-19.
- 06/12/2020
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Diageo North America launches 100% recycled plastic bottle
- Today Diageo North America announces that its iconic blended American whiskey Seagram's 7 Crown bottles will be made from 100% recycled plastic (rPET). The move is a first for the brand and for Diageo.
- 06/11/2020
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LVMH Moet Hennessy Louis Vuitton Inc. -- Moody's announces completion of a periodic review of ratings of LVMH Moet Hennessy Louis Vuitton SE
- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of LVMH Moet Hennessy Louis Vuitton SE and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
- 06/10/2020
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What Do You Prefer, Nosecco or Prosecco?
- (Bloomberg Opinion) -- Fancy a glass of Nosecco?The alcohol-free sparkling wine might not be to everyone’s taste, but its catchy name caused a fight between a French group and the Italian producers of Prosecco. The outcome could have implications for companies looking to ride the trend toward alcohol-free alternatives to traditional drinks and vegan offerings that strive to look and taste like meat and dairy products.While familiar packaged-food brands, such as Kraft macaroni and cheese and Nestle’s Hot Pockets, enjoyed a revival during the pandemic, the long-term prospects remain brighter for products that are perceived as healthier. Just look at the rise of the vegan sausage roll sold at Greggs Plc. Its arrival prompted the U.K. baker to upgrade its profit forecasts several times in 2019.In fact, with the unprecedented focus on health precipitated by the novel coronavirus outbreak, the opportunities for categories such as fake meat, fish and eggs may be even bigger. What happens in the Nosecco case could be a lesson for the upstarts.Nosecco has been sold in the U.K. since 2017, and Les Grands Chais de France, the country’s largest independent wine producer responsible for J.P. Chenet and Chemin des Papes wines, wanted to establish a trademark for it. It was challenged in 2018 by a consortium representing the northeast Italian region where Prosecco is produced, which said the name brought to mind the Italian wine, which is protected by European rules on origin.The French company argued the name was never meant to rival Prosecco in the U.K. Instead, it was chosen to capture the drink’s alcohol-free quality while playing on the fact that it wasn’t “sec,” or dry, like the Italian wine, but rather sweet. But the U.K.’s Intellectual Property Office found in favor of the Italian producers, deciding that in the minds of consumers the name Nosecco evoked the hugely popular Prosecco. There was a serious risk, it said, that consumers would believe the drink was in fact non-alcoholic Prosecco. Les Grands Chais de France is now appealing the decision in the High Court.The company is not alone in facing delicate marketing issues when it comes to new food categories. It has long been debated whether dairy alternatives can be classed as milk. In Sweden, that’s culminated in a “milk war” between the country’s dairy industry and Oatly, a Swedish manufacturer of oat milk. There’s no clear winner, but the skirmish doesn’t seem to have done Oatly any harm: Oat milk is hot around the world right now. In what could be a challenge to the rise of meat substitutes, some U.S. states, including Arkansas and Mississippi, have sought to restrict the use of terms such as burgers and dogs. (Mississippi now allows plant-based food makers to use some terms so long as they carry modifiers such as meat-free.)Naming battles will likely crop up between competing alternative-food makers, too. Just last week, Nestle SA, the world’s biggest food company, said it would rename its Incredible plant-based patties as the Sensational burger. The move came after a Dutch court upheld an injunction filed by Impossible Foods Inc., citing a trademark infringement. Nestle said it will appeal the ruling.What is clear is that producers of everything from lupin burgers to non-alcoholic gin must work hard to stand out. While there is huge growth to be had, the competition will be stiff. Traditional food companies and brewers are piling in, too. Drinks giant Diageo Plc last year acquired a majority stake in Seedlip, the non-alcoholic spirit maker.There is no doubt that Nosecco was a stroke of marketing genius. But it has ended up in a protracted legal wrangle. Amid the shifting landscape for alternatives, producers will need to be innovative and creative with their branding. The Vegetarian Butcher, the meat-substitute maker acquired by Unilever Plc in December 2018, is perhaps a good example. It’s not always easy to get the message across that a dish or drink is a vegan or non-alcoholic version of an old favorite, and in an appealing way, but marketers will need to dig deep. Otherwise, as Nosecco has shown, they could have a fight on their hands, and that’s not very appetizing for anyone.This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Andrea Felsted is a Bloomberg Opinion columnist covering the consumer and retail industries. She previously worked at the Financial Times.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- 06/09/2020
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3 Outdoor Stocks To Watch For Summer 2020
- People are chomping at the bit to finally get outside after months of hunkering down during quarantine. One saving grace for many was the fact that the nationwide lockdown from work, school, and general public activity took place during the cooler months of late winter and spring.With such precautions beginning to calm down and the weather starting to heat up, there's excitement in the markets surrounding outdoor stocks. Here are a few companies that might be poised to benefit this summer.Yeti Yeti Holdings Inc (NYSE: YETI) is one of the most well-known outdoor sporting companies on the market. Its most popular products include ice chests, drinkware and other naturistic accessories that are suited for activities like camping, fishing and spending time with the family outdoors.With people able to get outside as the summer months hit, Yeti could recover nicely from the roughly 15% drop off it experienced during the coronavirus' most fierce months.Chris Camillo, founder of TickerTags and host of "Dumb Money LIVE," thinks Yeti's public exclusivity in its specific industry creates opportunities."This summer, anyone that makes anything related to taking your drinks outside, or keeping your drinks cool in your boat, or on a camping trip, or at the lake house, or just out by the pool is gonna kill it," he said. "And none of those other stocks are public, (but) Yeti is."See Also: 4 Stocks Poised To Breakout With The Return Of Live SportsCallaway Golf Callaway Golf Co (NYSE: ELY) doesn't necessarily stand out from other golf brands, such as Nike (NYSE: NKE) or Adidas (OTC: ADDYY), from an apparel or equipment perspective. But one of its most lucrative assets is TopGolf, the indoor golf and entertainment craze.Over the past few years, TopGolf has grown to become one of the most popular spots for hanging out with friends, parties and more.Callaway has given up around 20% in value since the start of the coronavirus and is trading around the $15.50 level. Due to TopGolf's ability to maintain small group settings in a semi-outdoor environment, it may be ahead of its entertainment competitors in being allowed to open up shop.Camillo commented on the show that he sees TopGolf's efficiency as a catalyst in its tremendous growth over the past few years."TopGolf is gonna kill it," he said. "Callaway is ideally positioned...this is the summer of golf."Diageo Many people will finally be able to kick back and have a cold drink with friends once again. And, of course, no drink feels like summer more than tequila.Thus, there is plenty of potential for Diageo plc (NYSE: DEO), owner of Don Julio and CasaMigos, to see success. Since the onset of serious restrictions due to the coronavirus pandemic in late February, the stock's value has dropped roughly 12%. Buyers may be interested in buying the dip here with lockdowns being lifted and outdoor bars starting to get more and more full.Camillo, while analyzing recent spikes in tequila and margarita drinking activity in the country, noted CasaMigos specifically is a top asset for Diageo."It's been astonishing to watch what CasaMigos has done over the past couple of years in terms of their marketing effort. They've been just killing it," he said."I think Diageo is really well positioned as part of the great outdoor trade of 2020."See more from Benzinga * This Small-Cap Stock Just Ripped 20% Higher On New Online Gambling Deal * These 10 Stocks Have Surged During The Coronavirus Pandemic(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 06/01/2020
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3 Outdoor Stocks To Watch For Summer 2020
- People are chomping at the bit to finally get outside after months of hunkering down during quarantine. One saving grace for many was the fact that the nationwide lockdown from...
- 06/01/2020
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CFRA Maintains Hold on Diageo, Lowers Price Target to $123
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U.K. investors have lost out on more than £30 billion in dividends. It is about to get worse, say analysts.
- More than £30 billion in company dividend cuts has left a huge hole in the pockets of U.K. investors in retirement and those who rely on it to top up their monthly income.
- 05/20/2020
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Diageo Investment Corporation -- Moody's announces completion of a periodic review of ratings of Diageo PLC
- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Diageo PLC and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
- 05/19/2020
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Diageo exploring options to delist Indian arm - CNBC TV-18
- Diageo, the maker of Johnnie Walker whiskey and Tanqueray Gin, currently owns an about 56% stake in United Spirits after slowly building it up over several years. The company has started talks with investment bankers and consultants on a delisting offer, the CNBC TV-18 report https://www.cnbctv18.com/business/diageo-exploring-option-to-delist-united-spirits-5947471.htm said, citing sources familiar with the matter. United Spirits' shares were trading flat at 0825 GMT on India's National Stock Exchange on Monday.
- 05/18/2020
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Feltz Wealth PLAN Inc. Buys Invesco Preferred, Schwab International Equity, McDonald's Corp, ...
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Stonehage Fleming Financial Services Holdings Ltd Buys Colgate-Palmolive Co, Edwards ...
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Atlas Private Wealth Management Buys First Trust Low Duration Mortgage Opportunities ET, ...
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CORDA Investment Management, LLC. Buys 'M Co, Charles Schwab Corp, CME Group Inc, Sells Total ...
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Corona beer sales on fire during the coronavirus pandemic: Constellation Brands CEO
- Constellation Brands CEO Bill Newlands joins Yahoo Finance to discuss the state of the beer industry amidst the COVID-19 pandemic.
- 05/05/2020
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Don't Underestimate Diageo's Resiliency
- The spirits business is faring better than most other alcohol lines, and Diageo is better positioned than most investors realize.
- 05/05/2020
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Tradition Asset Management Llc Buys SPDR Select Sector Fund - Financial, Wells Fargo, DXC ...
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It's okay to laugh again: Advertisers prepare for post-coronavirus economy
- Anheuser-Busch's Budweiser in late April refreshed its funny, landmark 1999 "Whassup" commercial https://www.youtube.com/watch?v=eg5ZMkS8zfM featuring friends "Watching the game, having a Bud," with a new tagline for the coronavirus era, in which reruns of classic contests try to fill the void of no live sports, "Rewatching the game, having a Bud." "We're making sure we're in tune with the climate of where we are on this curve," Monica Rustgi, vice president of marketing at Budweiser, said in an interview. Advertising spending usually follows, Michael Roth, chief executive of advertising holding company Interpublic Group of Companies Inc, told Reuters.
- 05/04/2020
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D.B. Root & Company LLC Grows Position in Diageo plc (NYSE:DEO)
- D.B. Root & Company LLC boosted its stake in shares of Diageo plc (NYSE:DEO) by 10.5% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 7,065 shares of the company’s stock after purchasing an additional 671 shares during the period. D.B. Root […]
- 05/01/2020
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Schulhoff & Co Inc Buys General Dynamics Corp, Sells Tiffany, McCormick Inc, Schlumberger
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Edited Transcript of OMC earnings conference call or presentation 28-Apr-20 12:00pm GMT
- Q1 2020 Omnicom Group Inc Earnings Call
- 04/29/2020
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Brookmont Capital Management Acquires 744 Shares of Diageo plc (NYSE:DEO)
- Brookmont Capital Management increased its holdings in shares of Diageo plc (NYSE:DEO) by 4.7% in the first quarter, Holdings Channel.com reports. The fund owned 16,432 shares of the company’s stock after buying an additional 744 shares during the quarter. Diageo comprises about 1.7% of Brookmont Capital Management’s portfolio, making the stock its 24th largest holding. […]
- 04/29/2020
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Horan Capital Advisors, LLC. Buys Schwab U.S. ...
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Diageo issues second bond worth $2.5bn to shore up pandemic trading
- UK drinks giant Diageo (DEO), launched a three-tranche $2.5bn bond issue to strengthen the company’s balance sheet as sales stall around the world due to [...]
- 04/28/2020
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Spirits maker Diageo to raise $2.5 billion from debt offering
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Geode Capital Management LLC Has $5.05 Million Stock Position in Diageo plc (NYSE:DEO)
- Geode Capital Management LLC trimmed its holdings in shares of Diageo plc (NYSE:DEO) by 20.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 29,996 shares of the company’s stock after selling 7,659 shares during the period. Geode Capital Management LLC’s holdings in Diageo were […]
- 04/27/2020
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Stocks To Watch: Tech Powerhouses Lead Earnings Blitz
- Welcome to Seeking Alpha's Stocks to Watch - a preview of key events scheduled for the next week. Follow this account and turn the e-mail alert on to receive th
- 04/25/2020
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Coastal Investment Advisors Inc. Has $664,000 Position in Diageo plc (NYSE:DEO)
- Coastal Investment Advisors Inc. lowered its holdings in Diageo plc (NYSE:DEO) by 24.5% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 5,223 shares of the company’s stock after selling 1,697 shares during the quarter. Coastal Investment Advisors Inc.’s holdings in Diageo […]
- 04/24/2020
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Smith, Salley & Associates Buys L'Harris Technologies Inc, Accenture PLC, Linde PLC, ...
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Were Hedge Funds Right About Danaher Corporation (DHR)?
- We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
- 04/23/2020
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Analysts Offer Insights on Consumer Goods Companies: Keurig Dr Pepper (KDP), Unilever NV (OtherUNLVF) and Fevertree Drinks (OtherFQVTF)
- Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Keurig Dr Pepper (KDP), Unilever NV (UNLVF) and
- 04/23/2020
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Were Hedge Funds Right About Starbucks Corporation (SBUX)?
- We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
- 04/23/2020
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Europe RTD Alcoholic Beverage Market to 2027 - Regional Analysis and Forecasts by Base Type ; Packaging Type ; Distribution Channel, and Country
- The RTD alcoholic beverages market in Europe was valued at US$ 4,927. The increasing demand for RTD alcoholic beverages in the UK, Italy, Germany, and Finland is anticipated to propel the market growth in Europe.
- 04/23/2020
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Coronavirus hits Pernod Ricard Q3 sales, share buyback suspended
- French spirits maker Pernod Ricard said on Thursday it was suspending its remaining share buy back of up to 500 million euros ($541 million) and tightly managing costs in response to the coronavirus epidemic that has slashed third quarter sales by 14.5%. Pernod Ricard, which owns Mumm champagne, Absolut vodka and Martell cognac, reiterated its revised March guidance of an organic decline of around 20% in full year current operating profit as a result of the slump in business sparked by the crisis. "We are staying the strategic course while implementing a comprehensive action plan to mitigate costs and tightly manage cash," Chief Executive Alexandre Ricard said in a statement.
- 04/23/2020
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Edited Transcript of FEVR.L earnings conference call or presentation 22-Apr-20 9:00am GMT
- Full Year 2019 Fevertree Drinks PLC Earnings Call
- 04/22/2020
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Were Hedge Funds Right About Charter Communications, Inc. (CHTR)?
- We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
- 04/22/2020
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Diageo: Choose Your Own COVID-19 Reality. To Buy, Sell Or Hold
- During the COVID-19 crisis, picking winners and losers is incredibly and increasingly difficult given the snap back rally. Diageo is the worlds largest publicly
- 04/22/2020
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StockBeat: Fevertree Fizzes as Home-Schooling Parents Are Driven to Drink
- By Geoffrey Smith
- 04/22/2020
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Hormel Proves Its Merit As A Bear Market-Proof Holding
- Hormel's stock recently hit new all-time highs. That's brought out more claims that the company is significantly overvalued. There's more to the story than that
- 04/21/2020
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Cider Market to Showcase Elevated Growth Owing to High Demand for First-Class Spirits & Acceptance of Finest Products Till 2025 | Million Insights
- The scope of the global Cider Market was projected at US$ 4.33 billion during 2018 and is projected to touch US$ 5.37 billion by the completion of 2025. It is estimated to record a CAGR of 3.1% from 2019 to 2025. The alcoholic beverage, which is obtained from partial or the complete fermentation process
- 04/21/2020
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Coronavirus pandemic Twitter, LinkedIn name Reliance Industries among companies whose response resonated the most
- LinkedIn listed five top companies whose work has resonated the most.
- 04/20/2020
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Car Plants Are Making Medical Equipment — And Things Should Stay That Way
- The coronavirus pandemic has ushered in a series of emergency measures to reorient our economies toward the public health care response. The crisis offers a glimpse of how production could be made to serve social needs — but only if we defeat those who want a return to capitalist normality.
- 04/19/2020
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Coronavirus: 400,000 surgical gowns arriving from Turkey as UK hires new PPE 'tsar'
- Former London Olympics chief executive Paul Deighton is going to lead a national effort to produce more essential PPE.
- 04/19/2020
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Diageo Brands Bring Home Nearly 80 Awards at 2020 San Francisco World Spirits Competition
- Diageo, a global leader in beverage alcohol, announced that its brands have won a collective 79 medals for exceptional quality liquids at the 20th annual San Francisco World Spirits Competition.
- 04/17/2020
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Diageo Brands Bring Home Nearly 8… Awards at —…—… San Francisco World Spirits Competition
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20 Best Stocks to Invest In During a Recession
- As a general rule, the best stocks to invest in while the economy is plunged in a recession tend to be boring, get-the-job-done companies.They have to be. In a recession, there's typically not a lot of money for much else.No one has officially announced a recession yet - it usually takes six months
- 04/16/2020
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What Lockdown Means for Alcohol Stocks
- Alcohol sales have surged in the United States as people try to raise their spirits or pass the time while stuck at home during the pandemic. Minibar Delivery -- a website and app that facilitates home delivery of alcohol -- has been riding this wave. "People are trying to make occasions to drink
- 04/16/2020
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Led By An Expert Team In The Beverage Industry -- Innoviom Is Adapting and Driving Their Business Despite The Current Pandemic
- Seattle, Washington--(Newsfile Corp. - April 16, 2020) - CFN Media (OTCQB: CNFN), the leading agency and financial media network dedicated to the North American cannabis industry announces the publication of an article discussing Innoviom, Inc., its business model, and leadership team.Figure 1: Innoviom
- 04/16/2020
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Just 10 FTSE 100 firms could pay out dividends in 2020
- As few as ten firms could pay out two-thirds of FTSE 100’s 2020 dividends, according to broker data. Almost 32 companies out of 100 have [...]
- 04/16/2020
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Jolley Asset Management, LLC Buys Alphabet Inc, Diageo PLC, Coca-Cola Co, Sells Delta Air Lines ...
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NBTV Channels and Spirits Network Secures Capital and a Strategic Partner in Branded Hospitality Group LLC
- Branded Ventures (https://brandedventures.co) is excited to announce its 8th direct investment in the hospitality technology space with the funding of NBTV Channels (https://nbtvinc.com/). While this environment is among the most challenging ever witnessed, Branded Ventures has continued to push forward
- 04/14/2020
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How Stay-at-Home Orders Are Impacting Businesses
- Social distancing fuels some headlines.
- 04/13/2020
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Diageo (DEO) Hurt by Coronavirus Impact, Withdraws FY20 View
- Diageo (DEO) withdraws FY20 view, cuts expenses and suspends share repurchase plan in the wake of the uncertain COVID-19 impacts. Also, its top line remains soft due to lockdown in many countries.
- 04/13/2020
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Jefferies Remains a Hold on Diageo (DGEAF)
- In a report issued on April 9, Ed Mundy from Jefferies maintained a Hold rating on Diageo (DGEAF), with a price target of £28.00. The company's shares
- 04/13/2020
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Diageo (LON:DGE) Rating Reiterated by Jefferies Financial Group
- Diageo (LON:DGE)‘s stock had its “neutral” rating reiterated by analysts at Jefferies Financial Group in a note issued to investors on Thursday, Borsen Zeitung reports. They currently have a GBX 2,800 ($36.83) price objective on the stock. Jefferies Financial Group’s price target indicates a potential upside of 6.34% from the company’s previous close. Several other […]
- 04/11/2020
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Fulton Breakefield Broenniman LLC Sells 230 Shares of Diageo plc (NYSE:DEO)
- Fulton Breakefield Broenniman LLC trimmed its holdings in Diageo plc (NYSE:DEO) by 6.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,202 shares of the company’s stock after selling 230 shares during the period. Fulton Breakefield Broenniman LLC’s holdings in Diageo were worth […]
- 04/11/2020
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Vice, Vice, Baby! Americans (Ab)Use Porn, Booze, & Chocolate To Cope With Lockdown
- If porn watching and boozing weren't enough, Americans were self-medicating with...
- 04/10/2020
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Campbell Capital Management Inc Buys 'M Co, Qualcomm Inc, Amazon. ...
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PRESS DIGEST- British Business - April 10
- The following are the top stories on the business pages of British newspapers. - British Prime Minister Boris Johnson has left intensive care after three nights and is in the "early stage of his recovery" from a coronavirus infection, according to a statement from Downing Street. - Diageo Plc, the world's largest spirits maker, on Thursday abandoned forecasts owing to the "significant impact" of the coronavirus crisis on its business and suspended its 4.5 billion pounds ($5.57 billion) share buyback programme.
- 04/09/2020
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Diageo North America Announces #TipsFromHome Social Pledge Movement To Rally Further Support For The Bar & Restaurant Community
- With thousands of hospitality workers across the country currently facing unprecedented challenges, Diageo North America is introducing the TipsFromHome social program as an ongoing commitment to our friends in the hospitality industry by helping them get back to work at-home. An initial $500,000 pledge is being committed to kick off the movement, and Diageo North America and its brands will donate up to $500,000 more ($1 million in total donations) through the duration of the program. This pledge is on top of more than $2 million Diageo North America and its brands have donated to-date to North America organizations serving the hospitality industry, such as the USBG Foundation COVID-19 Relief Campaign of the Bartender Emergency Assistance Program. Diageo and its brands hope adults of legal age can join in raising a glass and a tip in honor of your local bartender that you miss seeing behind your favorite neighborhood bar.
- 04/09/2020
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Glass Bottles and Containers Market - Growth, Trends, and Forecast (2020 - 2025)
- The glass bottles and containers market was valued at USD 60.91 billion in 2019, and it is expected to reach a value of USD 77.25 billion by 2025, at a CAGR of 4.13% over the forecast period 2020-2025. Glass bottles and containers are majorly used in the alcoholic and non-alcoholic beverage industry,
- 04/09/2020
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5 Consumer Staple Stocks for Your Easter Basket Amid Coronavirus
- Amid coronavirus-led jitters, we have picked five consumer staple stocks with solid growth prospects. These stocks carry a favorable Zacks Rank and have gained at least 15% in a year.
- 04/09/2020
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Just Eat Takeaway shares surge as European deliveries recover
- Just Eat Takeaway shares rallied on Thursday after reporting that orders have recovered in key European markets, following a brief dip when the coronavirus shutdowns first started.
- 04/09/2020
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Does Constellation Brands Have What It Takes to Weather the Downturn?
- The beer and spirits company's revenue has been strong through the coronavirus pandemic, but how will it fare in a looming downturn?
- 04/09/2020
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Gradient Investments LLC Purchases 101 Shares of Diageo plc (NYSE:DEO)
- Gradient Investments LLC lifted its position in Diageo plc (NYSE:DEO) by 1.2% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,596 shares of the company’s stock after buying an additional 101 shares during the period. Gradient Investments LLC’s holdings […]
- 04/09/2020
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Wall Street Breakfast: OPEC+ Virtual Meeting In The Spotlight
- Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify (click the highlighted
- 04/09/2020
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European stocks climb on optimism policy makers will find ways to reopen economies
- European stocks traded higher in early action on Thursday as policy makers discuss how and when the global economy can reopen, with data showing a slowing spread of the coronavirus pandemic.
- 04/09/2020
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Diageo withdraws forecast, halts buyback programme
- The Johnnie Walker whisky maker is the latest company to pull its guidance as the closure of bars and restaurants around the world due to lockdowns imposed by governments hit its sales. Production facilities in many countries including India and in its key markets of Africa are closed, while in the United States - its biggest market - the closure of bars and restaurants in most states was impacting about 20% of its business there, the company said. Diageo also said it was seeing a small pickup in sales in retail stores in the United States and Europe in recent weeks, as more people drink at home.
- 04/09/2020
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Diageo pulls financial guidance and halts buyback while going ahead with dividend
- Diageo , the alcoholic beverage maker of Johnnie Walker whisky, Guinness beer and Captain Morgan rum, said it's halting its stock buyback program and suspending its financial guidance. Diageo said it will go ahead with its interim dividend due to be paid in April. In mainland China, Diageo said it's beginning to see a very slow return of on-trade consumption, while most bars are shut in the U.S. and in Europe, and on-trade accounts for 20% of U.S. sales and 50% of Europe business. In both regions it has seen some pick-up in the off-trade channel (retail stores) in recent weeks, although it is unclear whether this will be sustained.
- 04/09/2020
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San Francisco Sentry Investment Group (ca) Buys ProShares Short S&P5……, Vanguard ...
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Northern Tool + Equipment Has Appointed Suresh Krishna as Chief Executive Officer and President
- Northern Tool + Equipment has appointed Suresh Krishna as CEO and President, succeeding 36-year company veteran Chuck Albrecht who is retiring
- 04/08/2020
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With Johnson hospitalized, who’s who in Britain’s Cabinet?
- LONDON (AP) — With British Prime Minister Boris Johnson hospitalized in intensive care after contracting the coronavirus, who's left to run the country? A look at the key players in Johnson's Cabinet: DOMINIC RAAB, FOREIGN SECRETARY AND FIRST SECRETARY OF...
- 04/08/2020
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With Johnson hospitalized, who's who in Britain's Cabinet?
- LONDON (AP) — With British Prime Minister Boris Johnson hospitalized in intensive care after contracting the coronavirus, who's left to run the country? A look at the key players in Johnson's Cabinet: DOMINIC RAAB, FOREIGN SECRETARY AND FIRST SECRETARY OF STATE As first secretary of state, Raab has been designated by Johnson to temporarily take on many of the prime ministers tasks, including leading the government’s emergency daily coronavirus “war Cabinet” meeting. Raab, 46, was appointed foreign secretary in July 2019 and has been seen by many as a rising star in the Conservative Party. Prior to heading the Foreign Office, he served at the helm of Britain's Brexit department, but only for several months. A keen advocate of leaving the European Union, he resigned as Brexit secretary in November 2018 after clashing with then-Prime Minister Theresa May over her plan to leave the EU. He positioned himself as a “hard Brexit” advocate during the 2019 Conservative leadership race, but was knocked out before reaching the final two stages. Raab was a lawyer before he was elected as a lawmaker in 2010. He is a longtime admirer of former Prime Minister Margaret Thatcher. MICHAEL GOVE, CABINET OFFICE MINISTER Gove, 52, is the most experienced Cabinet member, having led the education, justice and the environment departments and served as the Conservatives' Chief Whip. He also played a key role in the campaign to take Britain out of the EU. Gove said Tuesday that he was self-isolating at home after one of his family members showed mild coronavirus symptoms. He added that he had no symptoms and was continuing to work as normal. In 2016, he shocked many when, instead of backing Johnson’s bid to become prime minister as widely expected, he decided instead to compete...
- 04/08/2020
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With Johnson hospitalized, who's who in Britain's Cabinet?
- With British Prime Minister Boris Johnson hospitalized in intensive care after contracting the coronavirus, who's left to run the country? As first secretary of state, Raab has been designated by Johnson to temporarily take on many of the prime ministers tasks, including leading the government’s
- 04/08/2020
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Diageo (LON:DGE) Upgraded to "Buy" at Liberum Capital
- Liberum Capital upgraded shares of Diageo (LON:DGE) to a buy rating in a report issued on Tuesday, Stock Target Advisor reports. Liberum Capital currently has GBX 3,100 ($40.78) price target on the stock. DGE has been the subject of a number of other reports. Barclays reissued an overweight rating and set a GBX 3,130 ($41.17) […]
- 04/08/2020
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Diageo plc (NYSE:DEO) Shares Sold by Franklin Resources Inc.
- Franklin Resources Inc. decreased its position in shares of Diageo plc (NYSE:DEO) by 2.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 156,774 shares of the company’s stock after selling 4,711 shares during the quarter. Franklin Resources Inc.’s holdings in Diageo were […]
- 04/07/2020
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Social Media Users Are Up to 7.8x More Likely to Have Increased Alcohol Consumption During “Stay-at-Home” Mandate
- IZEA Worldwide, Inc. (NASDAQ: IZEA), operator of IZEAx®, the premier online marketplace connecting brands and publishers with influential content creators, published “Coronavirus Impacts on Alcohol & Social Media Consumption” today. The special report builds on the groundbreaking consumer research IZEA
- 04/06/2020
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Retirement: The Future-Proof Portfolio For Young Investors - Decimated
- Statistically, every long term investor needs to go through a couple of bear markets. Still, the speed and violence with which my portfolio has been decimated b
- 04/05/2020
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3 Things Under the Radar This Week
- By Geoffrey Smith, Yasin Ebrahim and Kim Khan
- 04/03/2020
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10 Stocks to Buy Whose Companies We Can’t Live Without
- CNBC “Mad Money” host Jim Cramer believes that rather than index funds, the stocks to buy are companies we can’t live without.
- 04/02/2020
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Artificial Intelligence in Supply Chain Management Market to 2025 - Analysis, Drivers & Opportunities - ResearchAndMarkets.com
- The "Artificial Intelligence (AI) in Supply Chain Management (SCM) Market: AI in SCM by Technology, Solution, Management Function (Automation, Planning and Logistics, Inventory, Fleet, Freight, Risk), and Region 2020 - 2025" report has been added to ResearchAndMarkets.com's offering.
- 04/01/2020
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How to Find the Best Stocks in a Bear Market
- Sometimes a good stock can go bad and vice versa. Here's a simple way to keep up on the latest upgrades and downgrades.
- 03/31/2020
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Americans stock up on alcohol
- Distilled spirits sales soared 24.9% over a four-week tracking period that ended March 21, per Nielsen data. Bourbon sales were up 34.1% for the period and gin sales jumped 30.1%. "The data clear
- 03/31/2020
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7 Super Stable Dividend Stocks to Buy Now
- With the market flying high but risks in the air, this is a great time to play defense by buying these seven super safe dividend stocks.
- 03/31/2020
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Edited Transcript of AC*.MX earnings conference call or presentation 25-Oct-19 3:00pm GMT
- Q3 2019 Arca Continental SAB de CV Earnings Call
- 03/30/2020
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Nick Train's Three Big Ideas
- Good references to construct your portfolio for the next 20 years Continue reading...
- 03/30/2020
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The Zacks Analyst Blog Highlights: Clorox, Campbell, Hain Celestial, Ingredion and Grocery Outlet
- The Zacks Analyst Blog Highlights: Clorox, Campbell, Hain Celestial, Ingredion and Grocery Outlet
- 03/30/2020
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5 Consumer Staples Stocks to Buy Amid Coronavirus-Led Rout
- The coronavirus menace is not only wreaking havoc on communities but is affecting all business sectors, as social distancing remains the only way to contain it.
- 03/28/2020
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5 Consumer Staples Stocks to Buy Amid Coronavirus-Led Rout
- Everyday staples or essential commodities are witnessing demand increases amid the coronavirus pandemic due to panic buying. Here are five consumer staples stocks that investors can bank on.
- 03/27/2020
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The 12 Highest Quality Blue Chips You Can Buy Right Now
- I'm dedicated to bringing the most truthful and accurate economic/pandemic updates to my readers, to fill the vacuum of fear with facts. The COVID-19 pandemic i
- 03/26/2020
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Shares of several consumer goods companies are trading higher amid market strength following US Senate passage of an economic stimulus package. NOTE: Packaged food and discount store stocks have been volatile recently amid consumer demand for staples.
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Shares of several consumer goods companies are trading higher amid market strength on hopes of a US economic stimulus agreement. The sector has been volatile recently amid consumer demand for household staples and cleaning products.
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Shares of several grocery, discount store, consumer goods and packaged foods companies are trading higher, as the recent coronavirus outbreak has lead to expected 'stocking up' of staples and packaged food items.
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Shares of several consumer goods companies are trading lower as global markets continue to experience pressure amid the coronavirus spread, which has caused concerns over lower spending. General Mills earlier reported worse-than-expected Q3 sales results.
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9 Consumer Defensive Stocks Moving In Tuesday's Pre-Market Session
- Gainers
• US Foods Hldg, Inc. (NYSE:USFD) shares rose 12.31% to $16.51 during Tuesday's pre-market session. The most recent rating by Wells Fargo, on Mar 16, is at...
- 03/17/2020
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Artificial Intelligence in the Supply Chain Management Market to 2025 by Technology, Solution, Management Function (Automation, Planning & Logistics, Inventory, Fleet, Freight, Risk) and Region
- The "Artificial Intelligence (AI) in Supply Chain Management (SCM) Market: AI in SCM by Technology, Solution, Management Function (Automation, Planning and Logistics, Inventory, Fleet, Freight, Risk), and Region 2020-2025" report has been added to ResearchAndMarkets.com's offering.
- 03/17/2020
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Tracking William Nygren's Harris Associates Portfolio - Q4 2019 Update
- Harris Associates 13F portfolio increased from $51.5B to $56.4B this quarter. They increased Liberty Global, Open Text, and DXC Technology while decreasing Appl
- 03/17/2020
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The 10 Best Low-Volatility Blue Chips To Help You Sleep Well At Night
- The first bear market in 11 years has many investors wanting to hide under their beds. COVID-19/recession fears are running rampant, with speculation about a do
- 03/17/2020
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IMF March Buys: The 14 Stocks Added To My Fund
- Here are the stocks I added to my fund as the market started to plunge. Prices have continues to plummet, so most of these names can be had at even cheaper pric
- 03/16/2020
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11 Consumer Defensive Stocks Moving In Monday's Pre-Market Session
- Gainers
• iFresh, Inc. (NASDAQ:IFMK) shares rose 4.35% to $1.20 during Monday's pre-market session.
Losers
• New Age Beverages, Inc. (NASDAQ:NBEV) stock...
- 03/16/2020
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AI in the Global Supply Chain Management Market, 2020-2025 - Cloud-based AIaaS for SCM Will Reach $1.9B by 2025, Globally
- Dublin, March 16, 2020 -- The "Artificial Intelligence (AI) in Supply Chain Management (SCM) Market: AI in SCM by Technology, Solution, Management Function (Automation,.
- 03/16/2020
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Shares of several consumer goods companies are trading lower amid the global coronavirus outbreak, which investors speculate may lead to softer consumer spending.
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Coronavirus Roundtable: Preparing For The Months Ahead
- We conclude our three-part Marketplace Roundtable series on the recent bear market by looking forward. We ask our authors when they think the market will be saf
- 03/14/2020
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Tracking Tweedy Browne Portfolio - Q4 2019 Update
- Tweedy Browne's 13F portfolio value decreased marginally from $2.83B to $2.77B this quarter. The largest five individual stock positions are Berkshire Hathaway,
- 03/13/2020
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Stocks That Hit 52-Week Lows On Thursday
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Tracking Wallace Weitz's Weitz Investment Management Portfolio - Q4 2019 Update
- Wallace Weitz's 13F portfolio value increased from $2.46B to $2.55B this quarter. The number of positions decreased from 72 to 68. Weitz Investment Management i
- 03/12/2020
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7 Stocks to Buy After International Women’s Day
- International Women’s Day gave brands a chance to show how they’re promoting equality. Here are seven stocks to buy walking the talk.
- 03/11/2020
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Eastman Announces Addition of Kellye Walker as Chief Legal Officer
- Eastman Chemical Company (EMN) today announced that Kellye L. Walker will join the company on April 13, 2020, and will serve as Executive Vice President, Chief Legal Officer. Ms. Walker will assume the position from Clark L. Jordan, who has been serving as Eastman’s interim Chief Legal Officer since
- 03/10/2020
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Lorne Steinberg's Top Picks: Allstate, Diageo and Cisco
- Top picks from Lorne Steinberg, president of Lorne Steinberg Wealth Management.
- 03/09/2020
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Nicholas Ward's Dividend Growth Portfolio: February 2020 Update
- The value of my holdings decreased by 8.01% during February, outperforming the broader markets. My dividend income stream was up 12.9% y/y. I made 14 trades dur
- 03/07/2020
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Diageo North America Recognized as a Champion of Gender Parity
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IMF January And February Buys: The 17 Stocks Added To My Fund
- The next round of IMF buys are here. Highlights include my case for the energy sector, and a defense of New York Community Bancorp. I made these purchases two w
- 03/02/2020
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Diageo Purchased Added 5.1M Shares Of United Spirits At INR693.25/Share
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Stocks That Hit 52-Week Lows On Thursday
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Stock markets are still in 'fear mode'
- A version of this story first appeared in CNN Business' Before the Bell newsletter. Not a subscriber? You can sign up right here.
- 02/26/2020
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When the Captain Scores, Major League Soccer Fans Score - A Trip to All-Star Week in Los ...
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