China to impose anti-dumping measures on EU brandy, drink stocks slump
8th Oct 2024 10:33
(Sharecast News) - Shares of European drinks makers slumped on Tuesday after China said it would impose provisional anti-dumping tariffs on brandy imported from the European Union this week.
Read moreDiageo scraps sale of Pimm's - report
3rd Oct 2024 12:13
(Sharecast News) - Drinks giant Diageo has scrapped a potential sale of Pimm's, it was reported on Thursday, after it failed to strike a deal.
Read moreLondon close: Stocks rise as US jobless claims reach four-month low
26th Sep 2024 15:13
(Sharecast News) - London markets ended Thursday on a positive note, as investors reacted to a four-month low for US jobless claims, and renewed support measures from China.
Read moreDiageo holds expectations amid 'challenging' environment
26th Sep 2024 07:05
(Sharecast News) - Shares in Diageo jumped on Thursday after the drinks-making giant maintained guidance amid a "challenging" global environment for the industry.
Read moreLondon close: Stocks rise on US jobless claims, ECB rate cut
12th Sep 2024 16:25
(Sharecast News) - London's stock markets closed with gains on Thursday, as investors digested an increase in US jobless claims and an interest rate cut from the European Central Bank.
Read moreLondon close: Stocks mixed as investors digest fresh US data
29th Aug 2024 15:12
(Sharecast News) - London's stock markets closed in a mixed state on Thursday, as investors reacted to fresh economic data from the United States, including the latest GDP and jobless claims numbers.
Read moreRBC Capital lifts Diageo to 'sector perform'
12th Aug 2024 14:58
(Sharecast News) - RBC Capital Markets upgraded Diageo on Monday to 'sector perform' from 'underperform' and lifted the price target to 2,400p from 2,100p.
Read moreDiageo's sell-off marks attractive buying opportunity, says Citi
31st Jul 2024 07:53
(Sharecast News) - Diageo's stock was attempting a rebound on Wednesday after a sell-off the previous session as its full-year results disappointed, but that didn't stop Citi from reiterating its 'buy' recommendation on the stock.
Read moreLondon close: Stocks mixed after barrage of corporate updates
30th Jul 2024 15:32
(Sharecast News) - London stocks ended the day mixed on Tuesday as investors navigated a wave of earnings reports and anticipated upcoming key announcements from the Federal Reserve and the Bank of England.
Read moreDiageo profits hit by weaker performance in Latin America, Caribbean
30th Jul 2024 07:17
(Sharecast News) - Diageo reported a drop in full-year organic operating profit on Tuesday as it pointed to a weaker performance in Latin America and the Caribbean (LAC).
Read moreLondon close: Stocks higher as investors digest US jobs data
3rd Jul 2024 15:04
(Sharecast News) - London's stock markets closed on a positive note on Wednesday, buoyed by a wave of economic data from the United States and renewed hopes for interest rate cuts.
Read moreCiti upgrades Diageo to 'buy', points to 'cocktail of opportunities'
3rd Jul 2024 07:17
(Sharecast News) - Citi upgraded Diageo to 'buy' on Wednesday and lifted the price target to 3,000p from 2,825p as it pointed to "a cocktail of opportunities".
Read moreDirectors dealings: Diageo chairman picks up some shares
10th Jun 2024 16:00
(Sharecast News) - Diageo chairman Javier Ferrán bought some shares in the spirit maker at the start of the week.
Read moreLondon close: Stocks rise further ahead of BoE decision
8th May 2024 16:36
(Sharecast News) - London's stock markets closed with gains on Wednesday, bolstered by a dip in the value of the pound against both the dollar and the euro.
Read moreLondon close: Stocks rise as US payrolls come in weaker
3rd May 2024 16:52
(Sharecast News) - London markets closed positively on Friday, as investors digested slower-than-expected payrolls growth in the US, while Anglo American jumped amid anticipation of a potential bidding war for the mining giant.
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