Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Diageo Plc"


11 mentions found


CNN —Sean “Diddy” Combs once traced his success back to a pair of shoes. With his legacy in question, this particular chapter of the story of Sean “Diddy” Combs is currently punctuated more by an ellipsis than a period. Jessie James Combs, Chance Combs, Diddy, D'Lila Combs and Justin Dior Combs attend in September of 2023. Members of law enforcement are seen outside of Sean "Diddy" Combs' home in Los Angeles on Monday. He was briefly stopped by law enforcement and subsequently releasedThe source would not reveal Combs’ vacation destination or current whereabouts.
Persons: Sean “ Diddy ” Combs, , Combs, he’s, Puffy, Diddy, Love, Christopher Wallace, B.I.G, Wallace, Chance ”, Sean Combs, , Faith Evans, ” Combs, Wendy Williams, Wallace’s, Justin, Misa Hylton, Kim Porter, Christian, Twin, Jessie James, Jessie James Combs, Chance Combs, D'Lila Combs, Justin Dior Combs, Jason Kempin, Chance, Sarah Chapman, Dana Tran, Sean Jean, — Combs, wasn’t, Sean John, Sean John’s, Sean, Shannon Stapleton, “ Sean Combs, Cassie Ventura, ” Aaron Dyer, ” Dyer, Mary J, Blige, MGK, Janelle Monáe, CNN’s John Miller, Elizabeth Wolfe, Eric Levenson, Denise Royal, Elizabeth Wagmeister, Carlos Suarez Organizations: CNN, Department of Homeland Security, Bad Boy Records, Ciroc, Global Brands Group, Diageo PLC, Reuters, Diageo, Bad Boy Entertainment, Miami Locations: Manhattan, Quincy, Los Angeles, Miami
Cramer’s Stop Trading: Diageo
  + stars: | 2024-01-17 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCramer’s Stop Trading: DiageoCNBC’s Jim Cramer explains why he is keeping an eye on shares of Diageo plc.
Persons: Jim Cramer Organizations: Diageo, Diageo plc
Thalidomide was the active ingredient in a sedative widely distributed to many mothers in Australia and around the world in the early 1960s. "The thalidomide tragedy is a dark chapter in the history of our nation and the world," Albanese said in a statement. An Australian woman, who was born without arms and legs after her mother took Thalidomide, in 2012 won a multi-million dollar settlement from Diageo Plc, the local distributor. In 2010, Diageo agreed to make an A$50 million ($32 million) payment to 45 victims in Australia and New Zealand. There are 146 Thalidomide survivors registered with the government, though the exact number of affected is unknown.
Persons: Anthony Albanese, Joe Biden, Leah Millis, Thalidomide, " Albanese, Gruenenthal, Albanese, Renju Jose, Tom Hogue, Gerry Doyle Organizations: Australia’s, U.S, White, REUTERS, Rights, U.S . Food, Drug Administration, British, Diageo Plc, Diageo, New Zealand, Thomson Locations: Washington , U.S, Australia, U.S, United States, Australian, New, Sydney
LONDON (AP) — Spirits and beer giant Diageo PLC saw billions wiped off its market value on Friday after it warned that a sharp slowdown in its business in Latin America and the Caribbean was hitting sales and potential profits. It blamed a “materially weaker” outlook in Latin America and the Caribbean as a result of “macroeconomic pressures" and customers downtrading to cheaper products. The region accounts for around 11% of Diageo's total sales. The group highlighted that it still expects an improvement in growth in North America, while its businesses in Europe and Asia Pacific witnessed “continued momentum,” though slower than the previous half-year. “It has impacted results for the region since we have stopped trading in some parts," he said.
Persons: Johnnie Walker, Morgan, , Debra Crew, ” Sophie Lund, Yates, stockbrokers Hargreaves Lansdown Organizations: Diageo PLC, Guinness, Asia Pacific, Diageo, stoke Locations: Latin America, Caribbean, London, America, North America, Europe, Asia, Gaza
Berkshire invests in Capital One, sheds four stocks
  + stars: | 2023-05-15 | by ( Jonathan Stempel | ) www.reuters.com   time to read: +3 min
Buffett's company made its disclosures in a regulatory filing listing its U.S.-traded stocks as of March 31. Capital One shares rose 5.7% in after-hours trading following Berkshire's disclosure of a 9.92 million share stake worth about $954 million. In Monday's filing, Berkshire also revealed a new $41.3 million stake in Diageo Plc (DGE.L), the maker of alcoholic beverages including Johnnie Walker and Guinness. BERKSHIRE BUYS MORE APPLE, BANK OF AMERICADespite the selling, Berkshire still invests in several financial services companies. Berkshire also has dozens of operating businesses including the BNSF railroad, Geico car insurance, and many energy, manufacturing and consumer units.
Debra Crew, currently Diageo’s chief operating officer, will take over from Ivan Menezes on July 1. Diageo PLC named Debra Crew as its next chief executive, tapping an internal candidate to succeed longstanding leader Ivan Menezes at the helm of the alcoholic beverage company. The London-based maker of Johnnie Walker Scotch whisky, Guinness stout and Smirnoff vodka said Tuesday that Ms. Crew, currently Diageo’s chief operating officer, would take over from Mr. Menezes on July 1. In becoming CEO, she adds to the handful of women that lead one of Britain’s biggest companies.
The Super Bowl ads on Sunday are poised to promote an unusual mix of alcohol brands, gambling and Jesus. The Super Bowl still regularly draws an audience of around 100 million people, making it TV’s biggest event of the year and advertising’s biggest night. Planters’ Super Bowl ad features comedians mocking Mr. Peanut. The ads are likely to strike a lighter tone than the occasionally somber messages of Super Bowl ads in recent, highly politicized years or the early pandemic, said Anjali S. Bal, an associate professor of marketing at Babson College. Many Super Bowl advertisers have again released their ads well before Super Bowl Sunday to increase their chances of being seen.
Spirits like whiskey, cognac and tequila, a celebrity favorite, have surpassed beer's U.S. market share for the first time due to price hikes and high-end cocktail trends, according to the Distilled Spirits Council of the United States. U.S. sales for spirits totaled $37.58 billion last year, while beers like Anheuser-Busch inbev SA's (ABI.BR) Bud Lite tallied $37.46 billion, according to data compiled by the Distilled Spirits Council. Spirits' market share was 42.1%, while beer's was 41.9%, according to the data. Tequila and ready-to-drink canned cocktails including Constellation Brands Inc's (STZ.N) Fresca vodka spritz were among the fastest-growing types of spirits, the Distilled Spirits Council said. "The 'premiumization' trend, where people look at distilled spirits as an affordable luxury, is affirmed by these numbers," said Chris Swonger, CEO of the Distilled Spirits Council.
Diageo to Buy Premium Rum Brand Don Papa
  + stars: | 2023-01-17 | by ( Joseph Hoppe | ) www.wsj.com   time to read: 1 min
Diageo and other distillers have sought to nudge the rum category upmarket as drinkers show a propensity to pay for pricier booze. Diageo PLC has agreed to buy Don Papa Rum, a high-end dark rum from the Philippines, in a deal worth up to about $473 million, as the liquor giant bids to move further upmarket. The owner of Johnnie Walker whisky and Tanqueray gin will pay 260 million euros, equivalent to $281 million, upfront for Don Papa, with a further potential consideration of up to €177.5 million through to 2028 subject to performance.
OPEC+ agreed to cut production. But the group — which includes Saudi Arabia, the United Arab Emirates, and Russia — agreed Wednesday to slash daily oil production by 2 million barrels, in a bid to send crude prices higher. But OPEC+ defended their decision, saying it was in response to "uncertainty that surrounds the global economic and oil market outlooks." At a news conference after the meeting, the Saudi energy minister added: "We would rather be pre-emptive than be sorry," the New York Times reports. The country's deputy prime minister, Alexander Novak, said the EU's plan could lead to Russia temporarily cutting oil production further — a move that would see crude prices rise, and gasoline follow.
The Foundation for Accountability and Civic Trust is asking for an ethics probe of Rep. Sean Maloney. Insider first reported Maloney was months late in publicly disclosing the sale of eight stocks in potential violation of federal law. The New York Democratic congressman's office said the late filing was an "oversight" and promised to pay any fines. They include former Republican Sen. David Perdue of Georgia, former Republican Sen. Kelly Loeffler, former Democratic Rep. Donna Shalala of Florida, and Democratic Sen. Dianne Feinstein of California. Former Rep. Chris Collins, a New York Republican, briefly served time in federal prison following an insider-trading scandal that ended his political career.
Total: 11