Barely a year after U.K. drinks giant Diageo won a majority stake in India's United Spirits, a boardroom battle is giving the company a sore head.» Read More
Telecommunications, consumer goods, banking and the drinks business have quarterly earnings in common, as a flurry of companies, such as Deutsche Telekom, Unilever, UniCredit and Diageo all reported results Thursday.
When contemplating stock positions for the summer, investors are often advised to "sell in May and go away," as the saying goes.
Cramer makes the call on viewers' favorite stocks.
The market soared more than 250 points Monday morning, and CNBC asked the experts how investors can best ride this rally.
Ann Gilpin, beverage analyst at Morningstar, isn't afraid of soaring commodity prices or tepid consumer spending. "As we go into any kind of consumer slowdown, [alcohol] stocks should hold up relatively well," she maintains. Gilpin explained her confidence to CNBC -- and offered her top stock picks.
Four bidders, led by Jim Beam bourbon maker Fortune Brands, have submitted binding offers for Sweden's Absolut vodka maker Vin & Sprit in a $6 billion-plus auction, sources close to the auction said.
With stagflation in the air, where's an investor to turn? Morningstar's Christine Benz urges a close look at companies that pay dividends.
But not just for the environment. There’s a bull market here that investors shouldn’t miss.
In Thursday’s Web Extra find out which beverage companies are jumping on strong earnings. Also details on the Comcast buyback and whether oil is ahead of itself.
Diageo, the world's biggest alcoholic drinks group, said it expects to hit 2008 forecasts after double-digit growth in Johnnie Walker whisky sales helped it to a 15-percent rise in first-half earnings.
When the economy rebounds, where's your portfolio going to be? UBS says that's a question to answer right now. The bank released what it calls its "'New' Nifty Fifty," a list of 50 companies from around the world that can use today's troubling market conditions to position themselves to thrive when the economy rebounds. (PART 2)
Americans may be drinking less, but they're drinking better.
Standard and Poor's has just released the results of its twice-a-year stock screen, designed to find Warren Buffett-style stocks. The new list features several tech stocks, including Apple, as well as a number of names from Europe and Asia. But some key Buffett criteria aren't taken into account by the screen.
For several years, rum distillers have been trying to ditch the product's image, which is so closely linked to pirates, palm trees, and cheap daiquiri drinks, in an attempt to capture their fair share of sales to cocktail-swilling trendsetters.
The distilled spirits industry expects its U.S. revenues to increase 4.6 percent in 2008, down from last year's growth rate, a trade group said Friday, as the weaker economy forces people to tighten their budgets for going out.
Stocks slipped again today after an early rally, and the word "recession" seems to be rolling off everyone's tongue. CNBC asked market experts how investors can best weather this storm.
Bernanke should leave the ivory tower and get on a trading desk. Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Cramer makes the call on viewers' favorite stocks.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
French wines and spirits group Pernod Ricard reported a 6.9 percent rise in first-quarter sales on Tuesday, beating the average market forecast, and maintained its full-year outlook.
Diageo, the world's biggest alcoholic drinks group, said on Tuesday sales growth slowed in its first quarter, but it maintained its full-year target for underlying operating profit to rise by 9 percent.