Broker snap: Steady recovery in view at Diageo
31st Aug 2010 08:43
Charles Stanley described in-line full-year results from drinks brands giant Diageo as 'resilient' and the broker thinks trading should continue to improve gradually in line with the recovery in the global economy. "Long term prospects remain good, given the unrivalled portfolio of premium drinks b
Read moreLondon afternoon: No sign of rally yet
11th Aug 2010 13:57
Expectations of a weak start on Wall Street have put the kybosh on any hopes of a recovery in London over the lunch time session, after leading shares endured a tough morning in the wake of downbeat statements from the Federal Reserve (last night) and the Bank of England (this morning). The Bank of
Read moreLondon midday: BoE adds to gloom
11th Aug 2010 12:08
London has lurched lower still after the Bank of England lowered its forecasts for economic growth in 2011 while raising inflation expectations. The Bank is now predicting economic growth of 2.5% in 2011, down from a previous forecast of 3.4%. He predicted that inflation would remain above the 2%
Read moreLondon open: Gloomy start for blue chips
11th Aug 2010 08:55
London has made a gloomy start after last night's disappointing assessment of the US economy by Federal Reserve policymakers. The Bank of England is expected to add to the gloom today if it cuts its estimate of UK growth as is being widely forecast. Only five blue chips are making headway this mo
Read moreFTSE 100 movers: Miners help to hold up index
6th Aug 2010 14:58
Footsie is barely changed on the day despite a sharp fall after the publication of disappointing US job figures. Mining companies make up five out of the 10 best performers. Exane BNP Paribas has upgraded Kazakhmys and Rio Tinto. Lonmin is the biggest faller because of a dispute over prospecting r
Read morePRESS RELEASE: Diageo Extends Deadline for 'Celebrate the Future' Scholarships
29th Jul 2010 16:49
Hispanic Hospitality & Leisure Industry Students can apply through August 6th CHICAGO, July 29 /PRNewswire/ -- Diageo, the world's leading spirits, beer and wine company, today announced an extension of the deadline for applications to the Celebrate the Future Scholarship Fund program in Illino
Read morePRESS RELEASE: NASCAR Driver Matt Kenseth Provides Safe Rides, Hosts 'Tweet Up 'to Spread the Important Message of Responsible Drinking
23rd Jul 2010 18:42
Crown Royal Pledges to Donate $1 to Charity for Every Tweet Referencing Annual 'Safe Rides Home' Program INDIANAPOLIS, July 23 /PRNewswire-FirstCall/ -- Prior to competing in one of the most anticipated races of the season, NASCAR driver Matt Kenseth will focus his energy on a very important ca
Read moreHEARD ON THE STREET: A Hiccup In Pernod's Recovery
23rd Jul 2010 12:59
By Matthew Curtin A DOW JONES COLUMN Managing shareholder expectations is a rum business. Investors punished Pernod Ricard Thursday after the French spirits company revised upward its profit guidance for the year to end-June - just not as aggressively as hoped. Short of a double-dip recessio
Read more2nd UPDATE: Pernod Ricard Raises Annual Profit Guidance
22nd Jul 2010 17:37
(Adds analyst's comment.) By Michael Carolan Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Pernod Ricard SA (RI.FR) again raised its full-year profit guidance Thursday as a gradual recovery in mature markets combined with a strong performance in Latin America and Asia drove the French wine
Read moreUPDATE: Pernod Ricard Raises Annual Profit Guidance
22nd Jul 2010 17:22
(Adds detail.) By Michael Carolan Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Pernod Ricard SA (RI.FR) again raised its full-year profit guidance Thursday as a gradual recovery in mature markets combined with a strong performance in Latin America and Asia drove the French wine and spirits
Read more2nd UPDATE: SABMiller Volumes Turn Negative Once Again
22nd Jul 2010 12:46
(Adds analyst comment) By Michael Carolan Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Global brewer SABMiller PLC (SAB.JO) said Thursday its volumes once again declined in the first quarter of its financial year, despite rising briefly in the previous three months, though it added that vo
Read morePRESS RELEASE: Diageo Chateau & Estate Wines Announces Sale of Barton & Guestier
20th Jul 2010 21:03
US Wine Business Sells Wine Brand to French Wine Concern Castel Freres SAS NAPA, Calif., July 20 /PRNewswire-FirstCall/ -- As part of a previously-announced review of its wine operations, Diageo Chateau & Estate Wines announced today that it has sold its Barton & Guestier Bordeaux business to F
Read morePRESS RELEASE: Diageo North America Creates New Commercial Roles to Drive Growth
15th Jul 2010 18:47
Increases Leadership to Provide Best-in-Class Support and In-Market Execution for Sales Teams Appoints Chris Davies as North American Chief Financial Officer NORWALK, Conn., July 15 /PRNewswire-FirstCall/ -- Diageo, the world's leading spirits, beer and wine company, announced leadership chang
Read morePRESS RELEASE: 2010 Zwack Air Hockey World Championships Announced
9th Jul 2010 11:28
WORLD'S BEST PLAYERS WILL BATTLE JULY 15-18 IN HOUSTON HOUSTON, July 9 /PRNewswire-FirstCall/ -- Zwack, the national shot of Hungary, is excited to announce that the best of the best air hockey players will compete at the 2010 Zwack Air Hockey World Championships July 15-18, 2010 in Houston.
Read moreMARKET TALK: 'Good Times' For India's Spirits Brands -WSJ BLOG
9th Jul 2010 08:55
0755 GMT [Dow Jones] Cost conscious Indian consumers helped trio of domestic spirits brands grow sales in 2009, even as global economic downturn hurt competitors overseas, according to Euromonitor International report. "Trading down [from more expensive international brands] was a key factor in the
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