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The Latest Breaking News from Diageo

Diageo Hits 35th 52-Week Low: It’s Time to Buy Despite Sales Decline

Diageo was one of 21 NYSE stocks hitting a 52-week low Tuesday. Despite reporting its first annual sales decline since 2020, it’s time to buy stock in the maker of Johnnie Walker, Captain Morgan, and Guinness.

Barchart

Diageo needs to raise shareholder spirits – and fast

After cruising at the top end of the 100 FTSE index, the company’s reputation has taken a turn for the worse

The Guardian - UK

FTSE 100 Live 30 July: Shares finish lower, Meta pays $1.4 billion in Texas lawsuit, Diageo stock slides

Pressure on Diageo shares continued today after the drinks giant’s annual sales fell for the first time since 2020.

Evening Standard

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read the most diverse news in one place.

Johnnie Walker maker Diageo sees first sales drop since the pandemic—but Guinness and ready-made cocktails save the day

Diageo’s CEO Debra Crew said that despite pockets of weakness, the “merit of our portfolio is that we really do have very broad options for the consumer.”

Fortune

Diageo hit by first post-Covid sales fall but Guinness soars in Great Britain

Drinks company says global sales of non-alcoholic version of its stout more than doubled, with beer up 18% overall

The Guardian - UK

Billions wiped from Diageo market cap as shares tank on weak Latin America sales

Sales of Ciroc vodka fell by more than a quarter

Evening Standard

Former 2 Live Crew Rapper Uncle Luke Defends Sean Diddy

Former rapper Uncle Luke defends Diddy amid legal troubles, hinting at a conspiracy theory involving past disputes with Diageo. Diddy's homes raided by fed...

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He was a hip-hop legend. Now, abuse allegations engulf Sean ‘Diddy’ Combs

Lawsuits and federal raids marred his anticipated comeback, with one of America’s biggest music powerhouses falling to inquiries of sex-trafficking and sexual abuse

The Guardian - US

Ryan Reynolds Net Worth 2024: From 'Deadpool' To Gin And Beyond

Thanks to his wise investments in addition to his comedic roles, this Canadian actor has an incredible net worth of $350 million.

International Business Times

GSK’s Julie Brown to join drinks giant Diageo’s board

Guinness and Smirnoff vodka maker Diageo has appointed Julie Brown as a non-executive director with effect from August 5.

Evening Standard

Arm becomes Britain's sixth most valuable company after shares rise 50%

FTSE stalwarts BP, GSK and Diageo have been left in the dust by the UK’s biggest Nasdaq-listed firm

Evening Standard

Test tech podcast footer: FTSE 100 Live 30 January

Test liveblog post

Evening Standard

Company renames Plantation rum after criticism over slavery link

Maison Ferrand changes brand to Planteray rum after acknowledging ‘hurtful connotation’ of old name

The Guardian - UK

Guinness has designed a winter fashion accessory

And it's pure genius.

Creative Bloq

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Multichannel News

‘I Was Kind of Dumbfounded That They Would Ask Me To Do a Cooking Show,’ Said Harry Hamlin, Star of AMC’s 'Mayfair Witches'

How AMC’s Content Room integrated 15 sponsors into ‘The Best Christmas Ever’

The Independent UK

Drinks giant Diageo sees share price slide after warning about sales in Caribbean and Latin America

Spirits and beer giant Diageo 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

The Guardian - UK

Drop in Latin American drinking prompts Diageo to issue profits warning

Shares fall in world’s largest spririts company as consumers seek cheaper brands

Evening Standard

More than £15 billion wiped from European drinks makers after Diageo profit warning

More than £15 billion was wiped from the market value of Europe’s biggest drinks makers today after Diageo warned of a sudden slump in demand for its spirits.

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Evening Standard

FTSE 100 Live: Index closes down 1.3% as Diageo tumbles, GDP flat in third quarter

The FTSE 100 is trading higher today, after a sharp fall of almost 100 points to finish last week.

Cinemablend

As Late Night Shows Remain On Hiatus, Stephen Colbert And Jimmy Fallon Are Teaming With Other Hosts For Project With Awesome Cause

Fans can't watch new late night, but Stephen Colbert, Jimmy Fallon and more hosts are teaming for a sweet new project with a great cause.

Fortune

Americans aren't binge-spending on drinking anymore as high-end liquor sales wane on post-pandemic life returning to normal

Top shelf gets a bit too high-priced.

Evening Standard

Diageo UK chief slams alcohol duty changes

“What we see is alcohol duty going up at a time that consumers are looking for relief on prices”

Evening Standard

FTSE 100 Live: Shares slip, Nationwide house prices down, BP profits fall but dividend up

Shareholders of BP, HSBC and Diageo can expect more big dividends after the trio of FTSE 100 heavyweights posted results today.

The Guardian - UK

Attorney general and close family hold £130,000 in shares in six FTSE 100 firms

Exclusive: Victoria Prentis’s shareholdings not disclosed in registers despite potential for conflicts of interest

The Independent UK

Sean "Diddy" Combs' dispute with Diageo deepens as court unseals business details

Rapper and entrepreneur Sean “Diddy” Combs is asking the New York Supreme Court to enforce a 2021 agreement that requires Diageo to treat his DeLeon tequila brand “at least as favorably” as its other tequila brands

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