Investments and investor services
FTSE 100 closes lower as pound firms amid Brexit bill breakthrough
London's blue-chip index closed the day lower but retailers and housebuilders did well, oh, and there was some Brexit news...
Company
Diageo PLC
LON:DGE
Diageo is the world's leading premium drinks business with an outstanding collection of beverage alcohol brands across spirits,wine and beer categories.
355 stories · page 14 of 18
Diageo to reopen two 'lost' Scottish whisky distilleries to meet strong single malt demand
Strong demand for single malt whiskies has fuelled Diageo's decision to revamp the two remote Scottish distilleries
Diageo falls as it says first-half sales growth to be hit by China, India factors, although full year expectations unchanged
Ivan Menezes, Diageo's chief executive said: "As previously announced, we are up-weighting our investment behind US Spirits and scotch, and as a result we expect our organic operating margin expansion will be weighted towards H2"
Investments and investor services
FTSE 100 closes a tad lower as focus turns to Fed
Sterling's strength weighed on FTSE 100 stocks today
Berenberg downgrades Diaego to 'hold', thinks US alcohol consumption set to stagnate
Berenberg’s analysts pointed out: “Over the past decade, US alcohol consumption has followed a more positive path than in other western economies – over the 2005/15 period, it increased by 15% versus a -7% drop in Germany ... and -6% in the
FTSE 100 plunges on North Korea fears
The FTSE 100 finished 108 points lower at 7,390, about 13 points above its intra-day low
FTSE 100 fagged out as US Food and Drug Administration targets nicotine levels in cigarettes
Despite the beating meted out to IMPs and BATs, the Footsie rallied in the last half hour to trim its heavy losses
Diageo - Up 7% and trading ahead of expectations, but still being whupped by its rivals
Liberum’s price target is £20 a share, which is £4.32 below the current price
Diageo surges on positive performance in all territories
Net sales growth was better than expected while the group felt confident enough to raise its margin improvement target
Archive
FTSE 100 closes nine points lower as AstraZeneca weighs
It's been a busy day here in London; 15% of FTSE 100-listed companies have had some sort of meaningful news out...
Archive
Lloyds to report strong quarterly figures in first results since government sold remaining stake
Lloyds Banking Group and Royal Dutch Shell are among a slew of companies reporting earnings on Thursday
Investments and investor services
Patience still a virtue for Aurora Investment Trust
Aurora is now worth £70mln, from £15mln, when Phoenix was appointed in January 2016
Archive
Lloyds and Barclays to dominate manic week of corporate earnings
Week ahead: Lloyds, Barclays, AstraZeneca, GlaxoSmithKline, Sky, Reckitt Benckiser
Diageo suffers a tequila hangover as brokers react to US$1bn purchase of super-premium brand part-owned by George Clooney
US investment bank Citi said the brand acquisition “should help Diageo’s medium term growth in US, but this comes at a very high price”
Diageo goes Hollywood with US$1bn deal for George Clooney’s Casamigos tequila
Clooney will stay on at Casamigo follow the US$1bn deal.
George Clooney sells his tequila business for $1bn
The London listed firm will pay at first $700 million, with the potential for another $300 million based on the firm's performance in the next decade.
FTSE 100 rises as May's new government is DUPed
Despite the worst case scenario in the General Election, the FTSE 100 rose strongly
Investments and investor services
FTSE 100 finishes little changed after "Super Thursday" underwhelms
The Footsie was back in black - but only just - thanks to precious metals miners
Footsie up ahead of close; unrest at ITV hits shares
The bulls could not quite push the top-share index above 7,400. Tomorrow they'll have a harder job with ex-div stocks lopping about 14 points off the Footsie
FTSE 100 firm but off highs as New York makes dull early progress
With around an hour and a half of trading to go in London, the FTSE 100 was up about 11 points at 7,308, holding off the day’s peak of 7,322