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
Some of the names on the move ahead of the open.
Graeme Harlow, Managing Director for Southeast Asia at Diageo, introduces the inaugural "World Class Southeast Asia Final and Bar Show" in Singapore.
Dr. Dre could become the world's first billionaire rapper if Apple goes through with its purchase of Beats Electronics.
Combined a host of luxury brands into the LVMH conglomerate, along the way distilling a magic elixir of design, production, and above all marketing.
European shares closed higher on Thursday, as investors focused on Wall Street earnings and the latest U.S. jobs data.
Shares of major drink makers got battered on Thursday after poor results from Diageo and Rémy Cointreau caused a sell-off.
While stocks aren't as cheap as they were a year ago, Bill Nygren made four new portfolio additions.
Global drinks firm Diageo on Tuesday announced the launch of a tender offer to acquire up to 26 percent more in India's United Spirits.
Happy Monday. Market advice: It looks like the mo-mos are no-nos.
Diageo is lobbying Tennessee legislators to ease the state's whiskey laws so other distillers can experiment with new techniques, WSJ reported.
YouGov's BrandIndex, which measures daily brand perception among consumers, released its annual ranking of the best perceived beers among consumers.
A merger between Reynolds American and Lorillard would have benefits in their domestic market. It could also kick off more deals overseas.
There seems to be little to no interest in fresh overseas investment into India, and that’s a mistake, says a local expert.
Procter & Gamble cut its sales and earnings outlook for the year to reflect unfavorable foreign exchange rates in emerging markets.
Lately, a catalyst has been popping up in the market that’s somewhat unpredictable. And it's playing havoc with stocks.
Some of Thursday's midday movers:
Jessica Ground, U.K. equities fund manager at Schroders, discusses results from Diageo and BskyB and the challenges they face, including "EM exposure" and the "battle for content."
Sales at the drinks company rose by 1.8 percent in six months, boosted by sales in North America.
Ivan Menezes, CEO of Diageo, says the company has "weathered" the emerging markets amid a slowdown in sales in several countries.
The whiskey represents a global growth area, said Mario Gabelli, chairman and CEO of Gabelli Funds.