|Bid||2,798.00 x 111900|
|Ask||2,840.00 x 382000|
|Day's Range||2,803.00 - 2,837.00|
|52 Week Range||2,345.50 - 2,885.00|
|Beta (3Y Monthly)||1.07|
|PE Ratio (TTM)||23.34|
|Earnings Date||Jan 31, 2019|
|Forward Dividend & Yield||0.65 (2.32%)|
|1y Target Est||2,904.00|
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.
Diageo recognized for second consecutive year for achieving sustainability goals within its operations and supply chain NORWALK, Conn. , Dec. 10, 2018 /PRNewswire/ -- Diageo North America, a global leader ...
OAKLAND, Calif., Dec. 7, 2018 /PRNewswire/ -- In recent years, Bulleit Frontier Whiskey has partnered with its friends on the cultural frontier to create awe-inspiring projects through its Frontier Works platform. From the first ever tattoo billboard collaboration, to the rebirth of neon, and let's not forget the groundbreaking impression art works, Bulleit Frontier Works is a series of projects and collaborations with modern cultural creators. Last night, Bulleit took it to the next level by uniting art, design, cocktails, music, new age lighting and next generation technology to unveil its latest Frontier Work – The Bulleit 3D Printed Frontier- a series of private, invite-only events held at the historic Sixteenth Street Station in Oakland. The magic of The Bulleit 3D Printed Frontier is found in the deep collaboration with some of culture's most inspiring, boundary breaking artists and makers.
YOUR CITY, USA, Nov. 29, 2018 /PRNewswire/ -- It isn't a holiday party until you add Captain Morgan and Adam Devine, so this season, they're hitting up (er, crashing) one lucky house party for the person with the most holiday cheer. Before they set off on this merry adventure, they must identify someone who conveys the Captain's sense of fun and they're turning to Captain Morgan fans for help. Adult party throwers (21 years and older) can tell us why Captain Morgan and Adam need to "crash" their house party by following and commenting on the Captain Morgan brand's Instagram account, @CaptainMorganUSA, and using the hashtag #CaptainsNightInContest.
In 2013 Ivan Menezes was appointed CEO of Diageo plc (LON:DGE). This analysis aims first to contrast CEO compensation with other large companies. Next, we’ll consider growth that the business Read More...
LONDON/PARIS (Reuters) - UK business lined up to help Prime Minister Theresa May sell her draft Brexit agreement but continued to plan for Britain to crash out of the European Union without a deal as May fought for her political survival on Friday. "This agreement is only a draft," Rolls Royce Chief Executive Warren East told BBC radio. Europe's largest aerospace group, Airbus (AIR.PA), is working on the assumption of a no-deal Brexit, according to a staff memo seen by Reuters.
Business leaders expressed growing alarm on Thursday as a draft Brexit agreement seen as the only chance of preserving some stability in UK-EU trading threatened to unravel, sending stock prices and the pound plunging. Just 12 hours after British Prime Minister Theresa May announced that her cabinet had agreed to the terms of the draft agreement, Brexit minister Dominic Raab and work and pensions minister Esther McVey quit, saying they could not support it. "We must therefore continue to prepare for the worst-case scenario, which is what a no-deal Brexit would represent.
This article is written for those who want to get better at using price to earnings ratios (P/E ratios). We’ll show how you can use Diageo plc’s (LON:DGE) P/E ratio Read More...
One of the world's richest people and chief executive of Tesla, Musk is known for ambitious and cutting-edge projects ranging from auto electrification and rocket-building to high-speed transit tunnels. Now it seems that Musk could be setting his sights on disrupting the multibillion-dollar tequila industry. Not so fast, said Mexico's Tequila Regulatory Council (CRT).
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 ...
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
Diageo (DEO) agrees to sell its 19 brands, including Seagram's VO whiskey, to Sazerac for a total consideration of $550 million.
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.
-- 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.
, 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.
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.
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.
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.
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.