A $456 million impairment charge on Pernod Ricard's Absolut vodka weighed on the French spirits maker's net profit.» Read More
Guidance for FY 2011 is for operating profit growth better than 2 percent. But with North America still contributing about 40 percent of the profits, even that lackluster guidance may not be a slam dunk.
Diageo, the maker of Johnnie Walker whiskey, found an innovative way to plug a gaping deficit in its pension plan: put aside 2 million barrels of maturing whiskey from its distilleries in Scotland. The NYT reports.
You think of drinking whiskey and playing golf as things you do in your leisure time to unwind. But some people actually get paid to do these things. What is their day-to-day life like? What did they do to get there? Click here to read about the World's Coolest Jobs ... Ever!
Here's a dream job for the, how shall we say, the more distinguished gentleman or woman, who enjoys a fine glass of whiskey now and again: An apprentice to the master distiller of an Irish whiskey maker!
Blackouts are one more possible problem related to the BP oil spill for the residents of the Gulf of Mexico region. If that happens, the power outages have the potential to impact homes and businesses from western Louisiana to eastern Florida.
What are you planning on buying for your dad this Father’s Day? Ties and electronics? Buy him stocks instead, suggested Tom Anderson, associate editor at Kiplinger’s Personal Finance. He shared his best plays.
Stocks slipped Wednesday after a report showed housing starts fell much more than expected. Charles Crane, managing director at Douglass Winthrop Advisors, and Sarat Sethi, partner and portfolio manager at Douglas C. Lane & Associates, shared their insights.
No sooner had Alex Rospos arrived from Los Angeles for a Memorial Day weekend on the Jersey Shore than he witnessed, and fell victim to, his first prolonged session playing what has become the nation’s biggest viral drinking game, otherwise known as “icing.”
Constellation Brands got a lift Tuesday when UBS analyst Kaumil Gajrawala raised his 12-month target share price to $21 from $18. The alcoholic-beverage maker's shares have gained at least 15 percent over the past month. But Gajrawala said Constellation stock is still "cheapest" in its sector.
Cramer makes the call on viewers' favorite stocks.
Here are the reports to watch this week.
Last year investors just had to buy the "cheapest, nastiest stocks" around and watch them rally in the "dash to trash," but this year requires a more measured approach, Karen Olney, strategist from UBS, told CNBC Monday.
We asked some of the nation's top mixologists for their suggestions on what to serve at holiday celebrations. Here are the recipes!
Terrence Dolan, CEO of Benjamin & Jerold Brokerage and Peter Andersen, portfolio manager at Congress Asset Management told investors how to prepare their portfolios for the week ahead.
Investors gain 2.5 percent a year investing in “sin stocks”—tobacco, alcohol and gambling. Marcin Kacperczyk, professor of finance at NYU Stern, explains the “price of sin” and how it may help investors boost their portfolios.
Many people think companies that sell spirits are a sure bet during a recession. Find out if they’re right from alcohol seller Diagio.
At after-work drinks yesterday, Wall Street's yawn at better than expected economic news yesterday was being held up as an example that the summer rally was clearly running out of steam.
"There’s a lot out there that’s very attractive from sustainable dividends," said Peter Andersen of Congress Asset Management. He shared a few strategies to boost investors' portfolios before the weekend.
Plus, Cramer picks his favorite agriculture play and explains his Nucor call.
The abrupt end of Wall Street's latest rally proves once again that short-term investing is a hazardous business, according to Sarat Sethi of Douglas C. Lane & Associates. That having been said, there are more short-term opportunities coming.