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Investing.com -- Goldman Sachs has upgraded Diageo (LON: DGE) to “neutral” from “sell,” citing a supportive valuation and the potential for portfolio actions despite ongoing challenges in the U.S.
Profit hits and price hikes are already coming down the pike as a result of new U.S. tariffs, according to economists.
General Motors projects a $4 billion loss, Stellantis, the maker of Jeeps, said it anticipates tariffs will add $1.7 billion ...
Jhangiani also said Diageo could sell more “non-core, non-strategic” brands. Diageo owns some of the biggest alcohol brands in the world, including Don Julio Tequila, Johnnie Walker Scotch whisky and ...
Diageo is signaling that tariffs are a wet blanket, even for the largest of importers. Investors should watch how this busy ...
In a compelling testament to the enduring vitality of American trade policies, global beverage titan Diageo has revised downward its anticipated financial impact from tariffs introduced under ...
The company’s cost-saving effort involves some job cuts as it navigates trade disputes and a slowdown in alcohol consumption.
Diageo envisions supplying those looking for smaller bottles and beverages with little or no alcohol, interim CEO Manik Jhangiani said.
Global stock markets rose Tuesday as investors grew increasingly confident that the US Federal Reserve will cut interest ...
Molson Coors lowered its full-year sales and profit forecasts, citing weaker beer demand, rising aluminum costs and slower-than-expected market share gains. The outlooks were overshadowed by a slight ...
The Cboe UK 100 ended up 0.1% at 913.38, the Cboe UK 250 rose 0.2% to 19,267.71, and the Cboe Small Companies closed down 0.1% at 17,322.85. Well received earnings provided a lift in London with index ...
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