|Bid||2,525.00 x 111900|
|Ask||2,610.00 x 382000|
|Day's range||2,538.50 - 2,561.00|
|52-week range||1,946.00 - 2,616.00|
|PE ratio (TTM)||24.06|
|Earnings date||26 Jan 2017 - 30 Jan 2017|
|Dividend & yield||0.80 (2.37%)|
|1y target est||2,561.59|
The trend, fuelled by a stagnant economy that is strangling spending, has led to the first increase in brandy sales for more than a decade, and falling sales of pricier whisky. This is an unexpected reversal in a country that multinationals Pernod Ricard (TLO: RI-U.TI - news) and Diageo (Euronext: DGE.NX - news) targeted as a lucrative growth market for their whisky brands, and where they had enjoyed years of surging sales among an emerging middle class.
After rising 50% in a year this fast-growing stock should continue to outpace drinks giant Diageo plc (LON: DGE) despite today's disappointing update, says Harvey Jones.
Move over millennials: Today’s smartphone-obsessed teens, Generation Z, are the consumers of the future. Worryingly for liquor producers, they’re shaping up to be an antisocial lot.
It's Britain's most successful food and drink export - and today there came more evidence, were it needed, of the booming demand for Scotch whisky. Diageo (LSE: DGE.L - news) , the world's largest spirits company, has announced it is reopening two "lost" distilleries that have been closed for 34 years. The pair - Port Ellen on the island of Islay and Brora on the east coast of Sutherland - will resume production in 2020.
Royston Wild looks at a FTSE 100 (INDEXFTSE: UKX) share packed with investment potential like Diageo plc (LON: DGE).
A jump in sterling weighed on Britain's major share index on Wednesday, after unexpectedly buoyant retail data for August prompted investors to prepare for an interest rate hike by the bank of England ...
Diageo (LSE: DGE.L - news) , the maker of Johnnie Walker whisky and Smirnoff vodka, forecast stronger sales and profit growth in the second half of its financial year after a first half affected by negative factors in China and India and higher spending. The world's biggest spirits maker said earlier on Wednesday that its first-half sales growth would be hurt both by the Chinese New Year falling later than in 2017 and a ban on selling alcohol near Indian highways. Diageo gave the warning in a trading update ahead of its annual general meeting in London on Wednesday, sending its shares down 2 percent and making them the weakest performer on the FTSE 100 Index.
Britain's major share index dipped on Wednesday on a potentially debilitating jump in sterling after data showed retail sales unexpectedly surged in August. The FTSE 100 fell 0.2 percent as the pound hit its highest so far for the day against the dollar.
** Diageo -1.6 pct, bottom of FTSE 100 ** Co expects its organic H1 sales growth to be impacted by the timing of Chinese New Year and a ban on selling alcohol along highways in India ** "Later Chinese ...
Britain's Diageo (LSE: DGE.L - news) , the maker of Johnnie Walker whisky and Smirnoff vodka, said it expects its organic first-half sales growth to be impacted by the timing of Chinese New Year and a ban on selling alcohol along highways in India. India's top court imposed a ban on liquor outlets within 500 metres of national and state highways in April, a move that could impact revenue for liquor makers such as Diageo and Pernod Ricard.
Britain's EU divorce bill is now presumed to be "£60bn and falling", the Brexit Secretary told business leaders on Friday, as he offered reassurance about the UK's future economic relationship with Europe. Sky News has learnt that David Davis told a gathering of bosses at Chevening House that the UK would enjoy a comprehensive free trade agreement with the European Union after Brexit.
Britain's top share index dropped on Wednesday as sterling held at a one-year high, weighing on the FTSE's foreign-earning firms including miners, pharma stocks and big consumer staples. The UK's blue ...
Britain's top share index dropped to a 16-week low on Tuesday as investors dumped risky assets after North Korea fired a missile over Japan. The blue chip FTSE 100 was down 0.9 percent at 7,337.43 points ...
Britain's top share index dropped to a 16-week low on Tuesday as investors dumped risky assets due to rising geopolitical tensions after North Korea fired a missile over Japan. The blue chip FTSE 100 was ...
Britain's top share index came under pressure from falls among consumer giants, financials and airline stocks, caught up in a broader risk-off move following the attack in Spain. The FTSE 100 index ended ...
One of Diageo (LSE: DGE.L - news) '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. Nick Train, co-founder of Lindsell Train, a fund management group that is Diageo's eighth largest shareholder, told investors in a letter dated August 9 it would be "interesting" to see if the company can integrate Clooney's Casamigos tequila brand with its Don Julio label, bought in 2015. Diageo announced in June it would buy Casamigos for up to $1 billion.
** RBC cuts consumer goods maker Unilever to "underperform" as it sees risk to forecast ** "There is a widespread expectation amongst investors that Unilever will hit its 2020 targets for ...
The following FTSE 100 companies will go ex-dividend on Thursday, after which investors will no longer qualify for the latest dividend payout. According to Reuters calculations at current market prices, ...
The dollar paused for breath on Monday after its biggest one-day rally of 2007 on Friday. The surge came after a forecast-beating 209,000 rise in July U.S. payrolls and decent 2.5 percent annual rise in ...
The UK's top share index enjoyed its best week so far in 2017 as gains among big defensive overseas earners on Friday outweighed falls for housebuilding stocks. Britain's blue chip FTSE 100 index ended the session up 0.5 percent at 7,511.71 points after a shaky start to the trading session, while mid caps gained 0.3 percent. A fall in sterling and strength in the dollar following a robust U.S. jobs report boosted shares in overseas earners, with a rise in stocks such as British American Tobacco (Kuala Lumpur: 4162.KL - news) and Diageo (LSE: DGE.L - news) helping lift the index into positive territory.
Friday’s focus is on events in the United States, with the probe into possible Russian interference in the U.S. presidential election weighing on markets somewhat and the latest, always keenly watched, ...