Enter multiple symbols separated by commas

Stocks Diageo PLC


  • SABMiller executives and some shareholders regarded a price closer to 45 pounds as representing fair value, it added. SABMiller and AB InBev both declined to comment on the report, cited by traders as the reason behind a drop in SABMiller shares, which were down 3.2 percent at 36.4 pounds at 1236 GMT. UK- based SABMiller, the world's No. 2 brewer, makes beers including...

  • *AB InBev has until Oct. 14 to launch bid. LONDON, Oct 6- SABMiller, the brewing giant in talks about a potential takeover by rival Anheuser-Busch InBev, reported improved underlying quarterly sales on Tuesday which it said reflected the strength of its long-term business model. The company declined to comment on the New York Post report.

  • Xerox CFO Mikells moves to Diageo Monday, 5 Oct 2015 | 10:03 AM ET

    LONDON, Oct 5- Diageo has hired Kathryn Mikells from Xerox as its new chief financial officer, it said on Monday, as the world's largest spirits company navigates its way through a downturn. She will replace Deirdre Mahlan, who is moving to the United States to oversee Diageo's business in North America, where increased competition in vodka has crimped sales of its...

  • Europe ekes out gains as VW CEO steps down Wednesday, 23 Sep 2015 | 11:30 AM ET
    Rain clouds are seen over a Volkswagen symbol at the main entrance gate at Volkswagen production plant in Wolfsburg, Germany.

    Europe stocks finished marginally higher on Wednesday, as investors digested the latest from Volkswagen and continued to ponder China's economic health.

  • BRUSSELS/ LONDON, Sept 17- A tie-up of brewing giants Anheuser-Busch InBev and SABMiller would reset the global brewing industry, allowing a fierce competitor to extend its lead and ringing last call for smaller rivals to snap up meaningful assets. World leader AB InBev said on Wednesday it had approached SABMiller's board regarding a friendly combination...

  • Hungry for a trade? 6 food and beverage plays Wednesday, 16 Sep 2015 | 6:52 PM ET
    One of the brewing facilities at Anheuser-Busch.

    Anheuser-Busch InBev has approached SABMiller about a takeover, but "Fast Money" traders like other beverage stocks.

  • BRUSSELS/ LONDON, Sept 16- Anheuser-Busch InBev, the world's largest brewer, has approached rival SABMiller about a takeover that would form a colossus producing a third of the world's beer. A merged group would have a market value of around $275 billion at current prices, and would combine AB InBev's dominance of Latin America with SABMiller's of Africa, both...

  • BRUSSELS/ LONDON, Sept 16- Anheuser-Busch InBev has approached rival SABMiller about a takeover that would form a brewing colossus producing a third of the world's beer. A merged group would have a market value of around $275 billion at current prices, and would combine AB InBev's dominance of Latin America with SABMiller's dominance in Africa, both...

  • MUMBAI, Sept 15- India's federal financial fraud investigating agency has sought information from drinks company United Spirits Ltd in connection with a probe into former group firm Kingfisher Airlines Ltd over alleged diversion of funds. United Spirits, India's largest spirits company and now controlled by Britain's Diageo, said in a statement to the...

  • *South Korea: biggest per capita alcohol consumer in Asia-Pacific. SEOUL, Sept 10- Jeon Seo- jin, 25, finds traditional soju, the clear grain-based liquor popular in South Korea, too strong for her liking. Professional women like Jeon are driving a change in the way beverage companies look at South Korea, which hard-drinking men have made Asia's biggest alcohol...

  • *Mindful of craft beer growth, Diageo and Pernod respond. LONDON, Sept 4- Small, independent distillers are popping up and taking market share but liquor giants like Diageo and Pernod Ricard say barriers to entry and the range of spirits already available will limit their impact. "The U.S. spirits market faces a growing threat of substitution," analysts at Credit...

  • 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...

  • Pernod Ricard hit by Absolut vodka writedown, China Thursday, 27 Aug 2015 | 5:08 AM ET
    Tequila shot

    A $456 million impairment charge on Pernod Ricard's Absolut vodka weighed on the French spirits maker's net profit.

  • Sports stars who became mega-millionaire moguls Wednesday, 5 Aug 2015 | 10:30 AM ET
    David Beckham attends H&M store opening ceremony on June 13, 2015 in Macau.

    These pro athletes became winners in business. Here's how they parlayed fame to build multimillion-dollar fortunes in a range of fields.

  • 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...

  • *Turnaround begins in southern Europe. LONDON, Aug 4- Businesses in Europe said a weak euro, cheaper oil and the European Central Bank's easy money policies drove a continued improvement in profitability in the second quarter, encouraging some companies to invest and hire more. "Europe has come back to growth this year," Ivan Menezes, Chief Executive of drinks maker...

  • *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.

  • Europe closes higher, after explosion of earnings Thursday, 30 Jul 2015 | 11:30 AM ET
    Earnings report

    European stocks closed higher on Thursday after an onslaught of earnings, but Spanish stocks underperformed to close lower.

  • Americans are spending more on pricier booze Thursday, 30 Jul 2015 | 5:56 AM ET

    Americans are drinking more expensive booze, in particular tequila and whiskey, according to Diageo's boss.

  • 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.