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Diageo PLC

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  • LONDON, April 16- European equities retreated from 14- year highs on Thursday, led lower by shares in French retailer Casino, which reported slower sales growth, and Pearson, on a report that one of its educational technology projects was in trouble. Casino's stock dropped 4.6 percent after Societe Generale and Natixis cut their target prices, and Pearson fell 4...

  • LONDON, April 16- European equities were led lower on Wednesday by French retailer Casino, which reported slower sales growth, and Pearson, which fell following troubles with one of its educational technology projects. Casino fell 4.4 percent after Societe Generale and Natixis cut their target prices for the stock a day after it reported slower sales growth.

  • European equities retreat from highs on Greek concerns Thursday, 16 Apr 2015 | 7:23 AM ET

    LONDON, April 16- European equities retreated on Thursday, with growing concerns about Greece's debt situation prompting investors to take some profits after the previous session's 14- year highs. Greece's ATG share index fell 0.8 percent as the Financial Times reported the International Monetary Fund had rebuffed a request from the country to delay loan...

  • UPDATE 2-Unilever sees tailwinds boosting sales hopes Thursday, 16 Apr 2015 | 6:51 AM ET

    LONDON, April 16- Unilever reported better than expected first quarter sales and struck a positive tone on the rest of the year, citing brighter signs in major markets such as the United States, China and India. "We are overall starting to see more tailwinds than headwinds," Chief Financial Officer Jean Marc Huet said. Huet told Reuters that Unilever's full-year...

  • Media stocks drag down European equities from highs Thursday, 16 Apr 2015 | 6:31 AM ET

    The STOXX Europe Media index dropped 1.3 percent, the top sectoral decliner, dragged down by a 3.6 percent fall in Pearson after a report saying the Los Angeles Unified School District was seeking a refund from Apple over a bungled $1.3 billion iPad plan with curriculum from Pearson. Around Europe, Britain's FTSE 100 index was down 0.3 percent and Germany's DAX...

  • LONDON, April 16- Diageo, the world's largest spirits maker, reported slower quarterly trading on Thursday, hurt by tough comparisons in Britain and retailers reducing inventory in Southeast Asia. Diageo shares were down 2.9 percent at 1911 pence by 0837 GMT. Analysts were hoping for signs of improvement in the United States, Diageo's largest profit driver,...

  • PARIS, April 16- European stocks slipped in early trading on Thursday, halting their recent sharp rally, with shares in Diageo dropping after it posted a fall in sales. At 0707 GMT, the FTSEurofirst 300 index of top European shares was down 0.3 percent at 1,645.20 points. Diageo, the world's largest spirits maker, was down 2.6 percent after saying net sales in the...

  • Diageo quarterly sales fall Thursday, 16 Apr 2015 | 2:23 AM ET

    LONDON, April 16- Diageo, the world's largest spirits maker, reported slower quarterly trading on Thursday, hurt by tough comparisons in Britain and retailers reducing inventory in Southeast Asia. The quarterly report is the last of its kind for Diageo, which will do only half-year reporting from next financial year. Analysts were hoping for signs of...

  • PARIS, April 15- Rich Chinese drinkers remain a target for Remy Cointreau, though it may take 4-5 years for cognac sales in the country to return to levels hit before a crackdown on conspicuous spending in 2013, the spirits firm's new boss said. Valerie Chapoulaud-Floquet made the forecast after Remy posted a 38.7 percent jump in fourth-quarter cognac sales,...

  • ADDIS ABABA, April 1- International brewers are helping transform Ethiopia's business landscape as it slowly sells the assets of the former communist state and opens up to foreigners drawn to one of Africa's fastest growing economies. Heineken, Diageo and privately-owned Dutch brewer Bavaria, have snapped up state breweries or built new ones in the past four...

  • ADDIS ABABA, April 1- International brewers are helping transform Ethiopia's business landscape as it slowly sells the assets of the former communist state and opens up to foreigners drawn to one of Africa's fastest growing economies. Heineken, Diageo and privately-owned Dutch brewer Bavaria, have snapped up state breweries or built new ones in the past four...

  • French retailer Carrefour returning to Algeria - source Thursday, 19 Mar 2015 | 7:02 AM ET

    *Carrefour expanding in Africa through franchises, JVs. PARIS, March 19- Carrefour is preparing to return to Algeria after a six-year absence, as part of a drive to tap booming consumer demand in Africa. Rising incomes and an underdeveloped retail sector have made Africa an important new growth destination for retailers and consumer goods companies, with the...

  • In battle of the beers, this brand is tops Monday, 16 Mar 2015 | 11:36 AM ET
    Samuel Adams lager

    When it comes to generating a positive perception among consumers, this brand is still the beer to beat.

  • BRUSSELS, March 6- Texas Pacific Group and Goldman Sachs have sold their remaining stake in Belgian hygiene products maker Ontex, they said in a joint statement on Friday. The diaper and incontinence products maker listed on the Brussels stock exchange in June 2014, but TPG and Goldman kept a 22 percent stake in the company through a joint investment vehicle...

  • Tracking Diageo's roadmap for growth in China   Wednesday, 4 Mar 2015 | 6:31 PM ET
    Tracking Diageo's roadmap for growth in China

    Sam Fischer, president, Greater China and Asia, at Diageo, outlines plans to foster sustainable growth in the Chinese market and how the drinks giant is enhancing women's role in the tourism sector.

  • *Bavaria NV to face rivals, Heineken, Diageo in Ethiopia. ADDIS ABABA, March 2- Ethiopian greenfield brewer Habesha, majority-owned by Dutch brewer Bavaria NV, said it plans to start selling beer in the second quarter of this year to tap rising domestic demand that has attracted global brands. Bavaria NV is the latest beer maker lured by Ethiopia's expanding middle...

  • This whisky bottle talks to your smartphone Wednesday, 25 Feb 2015 | 4:47 AM ET

    Diageo is putting electronic stickers on its whiskey bottles which will be able to communicate directly with drinkers' smartphones.

  • *New Pernod CEO says U.S, China are top growth priorities. PARIS, Feb 12- French spirits group Pernod Ricard is pinning its hopes on the coming new year celebrations in China, its second-largest market, to deliver gradually improving sales this financial year and sustain profit growth. Ricard became head of Pernod Ricard at a board meeting on Wednesday, putting the...

  • PARIS, Feb 12- French spirits group Pernod Ricard on Thursday posted a flat first-half operating profit as a crackdown on extravagant spending in China and a struggling vodka market in the United States, its biggest market, held back earnings growth. In China, the group's second-largest market, sales still fell 16 percent in the first half and the upcoming...

  • *China and the United States pose challenges. PARIS, Feb 9- Alexandre Ricard becomes head of Pernod Ricard on Wednesday, putting the founding family back in charge of the world's second-largest spirits maker when growth in its two key markets has slowed. To live up to those hopes, Ricard must pep up the performance in the United States and China and has only limited...