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The Latest Breaking News from DEO

Ron DeSantis Admin Says in New Lawsuit That the Free Market Won't Produce Affordable Housing

Florida's Department of Economic Opportunity is suing the city of Gainesville to block its legalization of small "missing middle" apartment buildings in single-family neighborhoods.

Reason

Editorial: Receiving Florida unemployment benefits better be easier for Ian’s victims than it was for COVID’s

Those left jobless by Hurricane Ian, mainly the thousands of people who worked in the tourism industry in Sanibel, Fort Myers and Naples and Pine Island, are about to learn whether the state’s improved unemployment website will handle the load more effectively than it did during the COVID-19 pandemic. It…

Miami Herald

Florida Gov. Ron DeSantis' Administration Tells Gainesville To Abandon Zoning Reform

The state's Republican administration comes out against property rights and local control.

Reason

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3 Whiskey and Alcohol Stocks Worth Checking Out

Market volatility has been intensifying lately amid increasing geopolitical tensions and Fed’s reiterated aggressive hawkish stance. However, the majority of wine and alcohol stocks have persevered, thanks to the inelastic demand for these products.

Benzinga

Kolkata: Fraud cuffs on mother & daughter

KOLKATA: A joint team of CID and the state directorate of economic offences raided a condominium in Jaipur and arrested the daughter and wife of a Ballygunge-based businessman, Shantilal Surana. They have been arrested on charges of misappropriating funds running into several crores. The mother-daughter duo was named in 13…

The Times of India

Diageo Partners With Vita Coco For Cocktail Line

Diageo Plc (NYSE:DEO) has partnered with Vita Coco Company Inc (NASDAQ:COCO) to launch a line of premium canned cocktails. The cocktails are crafted with a blend of Captain Morgan rum and refreshing-tasting Vita Coco coconut water. Vita Coco Spiked with Captain Morgan line will be available in three offerings, Pina Colada, Strawberry Daiquiri, and Lime Mojito.…

Benzinga

5 Alcohol Stocks to Buy as We Head Into Summer

Although alcohol consumption declined owing to COVID-19 pandemic-led restrictions, the reopening of bars and restaurants and growing demand for premium drinks have been helping alcoholic beverage companies to witness robust sales. So, alcoholic beverage producers Diageo (DEO), Ambev (ABEV), Brown-Forman (BF-B), Compañía Cervecerías (CCU), and Fomento Economico (FMX) should benefit…

StockNews.com

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Andhra Pradesh: Headmaster accused of sexually assaulting 11 primary school students in Chittoor district

Accused on the run; shocking details come to light

The Hindu

Malpractice bid during SSC exam foiled in Chittoor village

Crumpled question paper was thrown out of the window

The Hindu

Lone River Beverage Launches New Margarita Style Beverage

Lone River Beverage Company, owned by Diageo Plc (NYSE:DEO), has launched a new margarita style beverage, Lone River Ranch Rita. Ranch Rita, made with agave nectar and a taste of lime, is a premium take on the canned margarita style beverage with 6% ABV. The drink is inspired by Far West Texas where the…

Benzinga

5 Stocks to Buy Now if You Think We're Headed for a Bear Market

High inflation, intensifying supply chain disruptions, and rising energy prices are leading to a market downturn. Therefore, it could be wise to bet on non-cyclical stocks Diageo (DEO), PepsiCo (PEP), Unilever (UL), CVS Health (CVS), and Altria Group (MO), which are expected to survive a bear market because of the…

StockNews.com

Orphan Barrel Launches Fable & Folly Whiskey

Diageo Plc (NYSE:DEO) owned project Orphan Barrel Whiskey Distilling Co. has launched Fable & Folly whiskey aged fourteen years. Fable & Folly includes the last remaining stocks of Barterhouse, Forged Oak, and various Rhetoric releases. The special edition bottle is available in limited quantities at select spirits retailers nationwide with an SRP of…

Benzinga

Diageo Launches Astral Tequila

Diageo Plc (NYSE:DEO) has launched Astral Tequila, a new premium tequila crafted with 100% Blue Weber agave. Astral Tequila's traditional production process features a milling process using the tahona, a stone wheel that crushes the juices from the agave fibers. The crushed fibers, or bagazo, are then used in the fermentation process to…

Benzinga

3 Consumer Defensive Stocks to Buy on the Dip: Tyson, Diageo, and Mondelez

The Russian-Ukraine conflict and rising inflation have led to heightened volatility and are raising the possibility of an economic downturn. Consumer defensive stocks are typically known to hold up well in such a tough market environment. Given this backdrop, it could be wise to buy the dip in consumer defensive…

StockNews.com

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Benzinga

Will Chart Analysts Notice Bad Omen on Diageo's Chart

If history is any guide, there may be trouble ahead for shares of Diageo (NYSE:DEO). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.

Benzinga

Diageo Plans New Distillery For Crown Royal Canadian Whisky Brand

Diageo Plc (NYSE:DEO) plans for a new C$245 million distillery to support its Crown Royal Canadian Whisky brand. The facility will have a capacity to produce up to 20 million LAA's (liters of absolute alcohol the equivalent to 10.5 million proof gallons) annually. The facility will sit on approximately 400 acres in Ontario's…

StockNews.com

5 Best Consumer Staples Stocks to Buy as Inflation Protection

Despite soaring inflation, the inelastic demand for certain products makes consumer staples stocks good bets now. Therefore, fundamentally-sound consumer staples stocks Diageo (DEO), Archer-Daniels-Midland (ADM), Kroger (KR), Albertsons Companies (ACI), and BJ's Wholesale Club (BJ) could be solid buys to protect your portfolio against inflation.

StockNews.com

Constellation Brands vs. Diageo: Which Stock is a Better Buy?

Even though alcohol consumption declined owing to COVID-19 pandemic-led restrictions, the reopening of bars and restaurants last year and growing demand for premium drinks have been helping alcoholic beverage companies generate rising sales. So, alcoholic beverage producers Diageo (DEO) and Constellation Brands (STZ) should benefit. But which of these two…

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