Diageo PLC (DGE.L)
18 Aug 2017
Fri, Aug 11 2017
LONDON, Aug 11 One of Diageo's largest shareholders has questioned its decision to sell one of its oldest whiskey brands while buying a tequila company founded by actor George Clooney.
NAIROBI, July 27 Kenya's East African Breweries said net profit for the year through June rose 6 percent to 8.5 billion Kenyan shillings ($81.89 million), helped by reduced operating costs and a slight rise in sales.
* Shares jump more than 6 pct to record high (Adds analyst comment, background)
LONDON, July 27 A punishing fall in AstraZeneca's shares after the failure of a key lung cancer study for the pharma company offset the impact of earnings-led gains for drinks giant Diageo on Britain's top share index.
* But Nestle results disappoint (Adds details, updates prices)
BRIEF-Diageo cfo says encouraged that us year on year results improved but still work to do in vodka
* Diageo cfo says to manage leverage ratio in range of 2.5 to 3 times
LONDON, July 27 Britain's Diageo reported higher full-year sales and profits on Thursday, and raised its margin growth target, saying productivity initiatives were delivering ahead of expectations.
LONDON Diageo Plc has agreed to buy George Clooney's high-end tequila brand Casamigos for up to $1 billion, as the world's largest spirits maker seeks to lift its presence in a high-growth market. | Video
* Analysts question if Casamigos can sustain pace of growth (Adds analyst comments, Diageo shares)
LONDON, June 21 Diageo PLC has agreed to buy George Clooney's high-end tequila brand Casamigos in a deal that values it at up to $1 billion, as the world's largest spirits company seeks to boost its presence in a high-growth market.
- Diageo Shares Soar Amid Buzz That the Spirits Company Is Eyed By a PE Firm
- European Markets Retreat After Friday’s Surge; Weak Eurozone Manufacturing Index Fails To Inspire
- This P/E Suggests Diageo Is a Hold
- Is It Still Safe to Buy Diageo?
- What Do These Ratios Tell Us About Diageo?
- How Diageo Measures Up as a GARP Investment