DEO - Diageo plc
141.77 0.00 (0.00%)
After hours: 4:37PM EST
| Previous Close | 141.50 |
| Open | 142.08 |
| Bid | 136.75 x 100 |
| Ask | 144.00 x 100 |
| Day's Range | 140.96 - 142.72 |
| 52 Week Range | 131.22 - 151.31 |
| Volume | 256,399 |
| Avg. Volume | 340,887 |
| Market Cap | 84.844B |
| Beta (3Y Monthly) | 0.53 |
| PE Ratio (TTM) | 22.14 |
| EPS (TTM) | 6.40 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 4.20 (2.95%) |
| Ex-Dividend Date | 2018-08-09 |
| 1y Target Est | 156.32 |
- PR Newswire•yesterday
Diageo North America Announces 2018 Supplier Awards
Diageo honors top performing supply partners at 8th annual gala BALTIMORE , Nov. 13, 2018 /PRNewswire/ -- Diageo North America, a global leader in beverage alcohol, announced its 2018 Supplier Awards during ...
- Zacks•yesterday
Stock Market News For Nov 13, 2018
U.S. stock markets plunged on Monday as record drop in shares of Apple and Goldman Sachs, and precipitous decline of crude oil price significantly dented investor confidence
- Zacks•yesterday
Diageo to Offload 19 Brands to Sazerac, Can This Aid Growth?
Diageo (DEO) agrees to sell its 19 brands, including Seagram's VO whiskey, to Sazerac for a total consideration of $550 million.
- The Wall Street Journal•2 days ago
[$$] Diageo to Sell 19 Brands Amid Focus on Premium Spirits
LONDON—Diageo PLC is selling a portfolio of 19 brands, including Seagram’s VO whiskey and cinnamon schnapps Goldschläger, to Sazerac Co. for $550 million as it pivots toward premium brands and higher-growth products. The world’s largest liquor maker, which owns Johnnie Walker whisky and Tanqueray gin, said Monday it would return net proceeds of about £340 million ($441 million) to investors through share buybacks. Diageo hired bankers earlier this year to sell the portfolio, which also includes Myers’s rum, Popov vodka and Romana Sambuca.
- TheStreet.com•2 days ago
Guinness Maker Diageo Sells Off 19 Brands for $550 Million
-- maker of drinks Guinness and Captain Morgan -- is selling off 19 brands to family owned alcoholic beverage maker Sazerac for up to $550 million. Among the brands Diageo is selling are big name beverages Seagram's VO, Seagram's 83, Seagram's Five Star, Myers's, Parrot Bay, Romana Sambuca, Popov, Yukon Jack, Goldschlager, Stirrings, The Club, Scoresby, Black Haus, Peligroso, Relska, Grind, Piehole, Booth's and John Begg.
- The Wall Street Journal•2 days ago
[$$] Liquor Deal Will Give Diageo a Slight Hangover
, which owns Johnnie Walker, Crown Royal and other brands, said Monday it would sell 19 less successful labels to privately owned distiller Sazerac for $550 million. Diageo is getting three times sales for Seagram’s VO Canadian whisky, Goldschlager cinnamon schnapps and other brands.
- Reuters•2 days ago
Diageo to sell 19 brands to U.S.-based Sazerac for $550 million
Diageo, also known for Smirnoff vodka and Guinness stout, said on Monday it would return the net proceeds of about 340 million pounds ($438 million) to shareholders through a share repurchase. The sale, which also includes whisky brands such as Seagram's 83, Seagram's Five Star and Jamaican rum Myers's, will reduce Diageo's pre-exceptional earnings per share by 1.9 pence per share in the first full financial year after closing.
- Reuters•2 days ago
Diageo to sell 19 brands to U.S.-based Sazerac for $550 mln
Diageo Plc is selling 19 lower-end spirits brands including Seagrams VO Canadian whisky and Goldschlager cinnamon schnapps to U.S.-based Sazerac for $550 million, as it focuses on its premium labels such as Johnnie Walker in the United States. The divestiture is the latest move from the world's largest spirits company to trim its portfolio and concentrate more closely on its core business. Diageo, also known for Smirnoff vodka and Guinness stout, said on Monday it would return the net proceeds of about 340 million pounds ($438 million) to shareholders through a share repurchase.
- Financial Times•3 days ago
[$$] Opening Quote: Babcock fires back at ‘shadowy’ stock market foe
Defence contractor Babcock has come out with all guns blazing after coming under attack from “shadowy research firm” Boatman Capital Research. Not Opening Quote’s words but those of the Sunday Times, which was sent a section of the research firm’s damaging report into Babcock. According to the newspaper, Boatman Capital Research is not traceable at Companies House and refuses to disclose the identity of its directors.
- Financial Times•3 days ago
[$$] Diageo sells portfolio of US brands in bid to boost growth
Diageo will continue to manufacture five of the brands on behalf of Sazerac for 10 years, while the rest will transfer over within one year of completion. Diageo, the world’s biggest distiller, said the deal was expected to close in early 2019 and proceeds would be returned to shareholders in the form of share buybacks. Kathryn Mikells, chief financial officer, said Diageo had received multiple bids and was pleased with the results of the “very competitive sales process” that valued the brands at about three times sales.
- ACCESSWIRE•3 days ago
Diageo Sells Portfolio of Brands
LONDON, UK / ACCESSWIRE / November 12, 2018 / Diageo has agreed the sale of nineteen brands in an agreement with Sazerac for an aggregate consideration of $550 million. The net proceeds of approximately £340 million, after tax and transaction costs, will be returned to shareholders through a share repurchase following completion, which will be incremental to the previously announced programme of up to £2bn. Ivan Menezes, Chief Executive of Diageo, said: "Diageo has a clear strategy to deliver consistent efficient growth and value creation for our shareholders.
- InvestorPlace•6 days ago
7 Safe Dividend Stocks to Buy Now
Value, growth, dividend stocks — everything is on edge. Causing perhaps the most concern, the new Federal Reserve chairman — Jerome Powell — seems inclined to keep hiking interest rates regardless of what markets do.
- PR Newswire•13 days ago
Crown Royal Launches Its Largest Generosity Campaign To-Date - The Crown Royal Purple Bag Project - With Support From Multi-Platinum Selling Country Artist Thomas Rhett
NASHVILLE, Tenn., Nov. 1, 2018 /PRNewswire/ -- For nearly a decade, Crown Royal has shipped its iconic purple bags filled with essentials to service members overseas. This year, the brand will expand its efforts with The Crown Royal Purple Bag Project, the brand's largest generosity commitment, inspiring people to give generously one bag at a time. Crown Royal is joining forces with country music superstar Thomas Rhett to distribute 1 million care packages to active duty service members and those affected by natural disasters by 2020.
- Simply Wall St.•17 days ago
How Financially Strong Is Diageo plc (LON:DGE)?
There are a number of reasons that attract investors towards large-cap companies such as Diageo plc (LON:DGE), with a market cap of UK£65.6b. Big corporations are much sought after by Read More...
- Simply Wall St.•26 days ago
Has Diageo plc (LON:DGE) Improved Earnings Growth In Recent Times?
For investors, increase in profitability and industry-beating performance can be essential considerations in an investment. Below, I will examine Diageo plc’s (LON:DGE) track record on a high level, to give Read More...
- Zacks•last month
Moving Average Crossover Alert: Diageo (DEO)
Diageo plc (DEO) could be a stock to avoid from a technical perspective
- Benzinga•last month
4 Major Market Opportunities For The Cannabis Industry
Cowen analysts recently published an in-depth valuation of key players in the cannabis industry drawing from historical data and market trend. The valuation includes an outline of the potential market ...
- Simply Wall St.•last month
Should You Expect Diageo plc (LON:DGE) To Continue Delivering An ROE Of 27%?
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is for those who would like to learn about Return On Read More...
- PR Newswire•last month
OMG, Gluten-Free And Non-GMO?! Smirnoff™ Collaborates With Ted Danson, Jenna Fischer And Jonathan Van Ness To Announce Smirnoff No. 21 Vodka Is Now Non-GMO
NORWALK, Conn., Oct. 9, 2018 /PRNewswire/ -- As the world's No. 1 vodka, Smirnoff has proven that award-winning vodka can be available to everyone. Now the brand is proudly announcing that its base vodka, Smirnoff No. 21, which has always been gluten-free, is now also made with non-GMO grain, specifically non-GMO corn. As the brand dedicated to bringing fun times to everyone, Smirnoff is now offering its same quality No. 21 vodka recipe, now non-GMO, without changing the suggested retail price - because why shouldn't everyone be able to enjoy a quality vodka without having to break the bank?!
- Motley Fool•last month
Diageo Debuts a Scotch Whisky Inspired by "Game of Thrones"
When you own the Johnnie Walker brand, that potential marketing tie-in begs to be exploited.
- PR Newswire•last month
Sean "Diddy" Combs And The Makers Of CÎROC™ Ultra Premium Vodka Toast Culture Creators With New Limited Edition CÎROC Black Raspberry
NEW YORK , Oct. 4, 2018 /PRNewswire/ -- Today Sean "Diddy" Combs and the Makers of CÎROC Ultra-Premium Vodka unveil CÎROC Black Raspberry , the newest addition to the successful liquid portfolio. ...
Oilprice.com•last monthBeverage Giants Buying Into The Cannabis Boom
The beverage sector is one of the most profitable in the markets, and now these billion-dollar giants are getting in on the next great North American industry
- Investopedia•last month
This Marijuana Stock Is Up Almost 300% Since It Announced a CBD-Infused Drink
Shares in the Bethesda, Maryland-based company, which specializes in infrastructure commodities and the development and commercialization of cannabis-based therapies to treat Alzheimer’s, pain, nausea, eating disorders, several end points of Parkinson’s and epilepsy in humans, dogs, and cats, have been on a tear lately, surging 39.84% on Monday and a further 35.26% ahead of Tuesday’s trading session. In a press release issued last week, IGC announced that it had entered into a distribution and partnership agreement for several products including a sugar free, energy drink called "Nitro G." Since that news broke on September 25, the shares have risen almost 300%. “According to a Grand View Research forecast, the global energy drinks market is projected to be almost $85 billion by the year 2025, with non-alcoholic beverage sales expected to account for a significant portion of the market,” Ram Mukunda, IGC’s CEO, said in the release.
Reuters Videos•2 days agoDiageo to sell 19 brands to Sazerac for $550 mln
The world's largest spirits company, Diageo, is selling 19 lower-end spirits brands to Sazerac for $550 million, to focus on its premium labels, including Johnnie Walker. Fred Katayama reports.
