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  • PARIS, Aug 27- Pernod Ricard delivered full-year profit below expectations on Thursday, sending its shares down 5 percent as a writedown on its flagship Absolut vodka brand highlighted difficulties in its U.S. market. The world's second-biggest spirits group behind Britain's Diageo also poured cold water on recent hopes of an improvement in China, pointing...

  • NASHVILLE, Tenn.— A white whiskey named after a legendary Tennessee moonshiner is introducing a new bottle after a legal dispute over similarities to Jack Daniel's shape and design. A subsidiary of Brown-Forman Corp. of Louisville, Kentucky, filed a federal lawsuit in 2013 claiming that the Popcorn Sutton bottling and labelling were "confusingly similar" and...

  • U.S. fund managers tapping into African beer market Tuesday, 4 Aug 2015 | 3:25 PM ET

    Aug 4- Forget Milwaukee and Brooklyn- Lagos and Dar es Salaam are the new brewery hot spots, according to U.S. mutual fund managers as they tap Africa's emerging beer companies in pursuit of long-term returns on investment. Africa is expected to see the largest increase in the legal drinking age population by 2018, while in western Europe and North America, the...

  • *Kenyan brewer has 51 pct stake in Tanzania brewer. *Tanzania regulator wants to revoke the stake. NAIROBI, July 31- Kenya's East African Breweries Ltd said on Friday it would try to convince Tanzanian authorities not to revoke its acquisition of a controlling stake in Tanzania's second-largest brewery.

  • Americans are 'drinking better': Diageo CEO Thursday, 30 Jul 2015 | 1:30 AM ET
    Americans are 'drinking better': Diageo CEO

    Ivan Menezes, CEO of Diageo, says the U.S. market is improving on sales of products like Crown Royal and Bulleit Bourbon.

  • European stocks finish higher; RSA surges 20% Tuesday, 28 Jul 2015 | 11:53 AM ET
    An investor checking the share prices in a stock firm in Fuyang, east China's Anhui province.

    Europe ended in positive territory on Tuesday, as investors kept an eye on the slew of earnings and the start of the Federal Reserve meeting, while British insurer RSA surged 20%.

  • LONDON/ BRUSSELS, July 28- Diageo and Heineken have agreed to dissolve their joint ventures in South Africa and Namibia, so the British spirits maker and Dutch brewer can pursue their own growth strategies in the countries. Diageo said it has become market leader in spirits in South Africa with a 40 percent share and felt it had the necessary scale to go it alone.

  • BRUSSELS, July 28- Dutch brewer Heineken and spirits maker Diageo have agreed to end their 11- year cooperation in South Africa and Namibia in a series of deals to disentangle joint ventures. Diageo, whose brands include Johnnie Walker, Smirnoff and Guinness, said it had become market leader in spirits in South Africa with a 40 percent share and felt it had the...

  • Minefield for market with Fed, earnings, commodities Monday, 27 Jul 2015 | 8:08 AM ET
    An oil trader works on the floor of the New York Mercantile Exchange.

    The Fed meets next week, but a commodities meltdown and earnings season are adding to concerns about global growth and may steal some of its thunder.

  • 10 things you need to know about tequila Friday, 24 Jul 2015 | 12:59 PM ET
    Margarita

    Happy National Tequila Day! Here are 10 things you need to know. Plus, some tequila picks and a great margarita recipe. Cheers!

  • SEC invetigates spirits maker Diageo Friday, 24 Jul 2015 | 7:00 AM ET
    SEC invetigates spirits maker Diageo

    Beer and spirits giant Diageo under investigation by the S-E-C into whether it artificially boosted sales figures.

  • LONDON, July 24- British spirits maker Diageo is under scrutiny in the United States, where the U.S. Securities and Exchange Commission has asked for information to see whether it shipped excess inventory to U.S. distributors, a practice known as "channel stuffing". A spokeswoman for Diageo, the world's biggest spirits company with brands including Smirnoff...

  • July 23- The U.S. Securities and Exchange Commission is investigating if liquor company Diageo Plc has been shipping excess inventory to distributors to boost its results, the Wall Street Journal reported, citing people familiar with the inquiry. The maker of Smirnoff vodka and Johnnie Walker whiskey confirmed that it had received an inquiry from the SEC...

  • July 23- The U.S. Securities and Exchange Commission is investigating if liquor company Diageo Plc has been shipping excess inventory to distributors to boost its results, the Wall Street Journal reported, citing people familiar with the inquiry.

  • Cramer Remix: It isn't Greek to me Friday, 19 Jun 2015 | 7:14 PM ET
    Jim Cramer on Mad Money.

    "Mad Money" host Jim Cramer on what next week could hold.

  • Cramer: Chinese slowdown is a crackdown Friday, 19 Jun 2015 | 6:31 PM ET
    Share holders stay at a security trading floor in Shenyang, Liaoning province of China.

    Jim Cramer learned some very disturbing news about China on Friday, which leads him to believe the slowdown is not consumer led.

  • PARIS, June 17- Remy Cointreau posted higher than expected annual profit on Wednesday, despite a difficult year in China, and said it would accelerate a drive to sell higher-priced spirits to boost profit margins, sending its shares up to 8 percent higher. At 1120 GMT, Remy Cointreau shares were up 1.6 percent at 65.15 euros, off a session-high of 70 euros, but...

  • Europe closes down; Deutsche hit by office raid Tuesday, 9 Jun 2015 | 11:30 AM ET
    Man walks past HSBC bank branch

    European equities closed largely lower on Tuesday, in the wake of declines in Asian markets and falls in shares of HSBC and Deutsche Bank.

  • Europe closes lower; G-7 summit in focus Monday, 8 Jun 2015 | 11:30 AM ET

    European equities closed lower on Monday as geopolitical tensions continue to rattle sentiment, while shares in Deutsche Bank surged.

  • LONDON, June 8- Shares in Germany's largest lender, Deutsche Bank, surged almost 5 percent on Monday on the appointment of a new CEO, but failed to offset a broader sell-off in European equities as bond yields and the euro rose. "Rising bond yields and the continued impasse over a new Greece deal keep investors cautious," said CMC Markets analyst Michael Hewson.