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The Latest Breaking News from Diageo Plc

3 Beverage Stocks Adapting to Changing Consumer Tastes

Beverage companies are upgrading their operations to better meet changing consumer tastes. Amid this, quality beverage stocks Fomento Económico Mexicano (FMX), Diageo (DEO), and Heineken (HEINY) look well-positioned to adapt to the industry’s transformation. Read more….

StockNews.com · Apr 24, 2023

1 Semiconductor Stock, and 1 Consumer Defensive Stock to Own Today

Despite cooler-than-expected inflation data in March, growing recession risks due to turmoil in the banking sector are weighing on investor sentiment lately. Given an uncertain macro backdrop, it could be wise to scoop up shares of semiconductor titan Taiwan Semiconductor Manufacturing (TSM) and consumer defensive stock Diageo plc (DEO), which…

StockNews.com · Apr 13, 2023

3 Warren Buffett Stocks to Buy in 2023 and 1 to Sell

Well-known investor Warren Buffett has created his fortune through a value investing strategy. With an incredible track record, his investment portfolio has been religiously tracked by investors for decades. Amid ongoing economic uncertainties, fundamentally strong Warren Buffett stocks Johnson & Johnson (JNJ), Coca-Cola (KO), and Diageo (DEO) could be solid…

StockNews.com · Jan 4, 2023

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The 2 Attractive Stocks in Warren Buffett’s Portfolio to Watch Now

Renowned investor Warren Buffett’s investing strategy has been a guide to investors for several years now. Therefore, quality stocks Diageo plc (DEO) and Activision Blizzard (ATVI) from Warren Buffett’s portfolio could be good additions to your watchlist. Read on….

StockNews.com · Dec 7, 2022

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 · Jul 5, 2022

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 · May 31, 2022

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 · Apr 26, 2022

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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 · Apr 20, 2022

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 · Apr 12, 2022

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…

Benzinga · Mar 9, 2022

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