Diageo, SABMiller Merger Speculation Drives Up Drinks Giants' Stocks
30th Jun 2014 13:52
LONDON (Alliance News) - WPP PLC said Thursday its operating company XM Asia has acquired a majority stake in Vietnamese digital creative agency Sofresh Co Ltd. Sofresh has a range of clients including Diageo PLC, GlaxoSmithKline PLC and Unilever PLC. It had revenues of VND35.7 billion in 2 Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Friday morning and Thursday afternoon:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />JPMORGAN CUTS STANDARD CHARTERED PRICE TARGET TO 1450 (1500) PENCE - 'NEUTRAL'<br />----------<br />JPMOR Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Tuesday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />GOLDMAN RAISES BRITISH AMERICAN TOBACCO PRICE TARGET TO 3630 (3470) PENCE <br />----------<br />GOLDMAN RAISES AB FOODS PRICE T Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Monday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />GOLDMAN RAISES INTERCONTINENTAL HOTELS PRICE TARGET TO 2410 (2180) PENCE - 'BUY' <br />----------<br />BERENBERG RAISES RSA INSU Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Monday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />GOLDMAN RAISES WPP PRICE TARGET TO 1555 (1540) PENCE - 'BUY'<br />----------<br />BERNSTEIN RAISES RSA INSURANCE PRICE TARGET TO Read More
LONDON (Alliance News) - Oil and gas services company<strong> Petrofac</strong> Friday issued a profit warning after it said the planned development of the Greater Stella Area oil field in the North Sea would be delayed until next spring, it was hit by low output at a Romanian oil field, and w Read More
LONDON (Alliance News) - Diageo PLC, the world's largest spirits producer and a major producer of beer and wine, said that it has appointed Alan Stewart, currently chief financial officer of Marks and Spencer Group PLC, to its board as a non-executive director. As well as being M&S's CFO, Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Monday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />CREDIT SUISSE CUTS DIAGEO TO 'NEUTRAL' ('OUTPERFORM) - PRICE TARGET 1950 (2200) PENCE <br />----------<br />BERENBERG RAISES SHI Read More
LONDON (Alliance News) - <strong>AstraZeneca</strong> is once again leading UK blue chips higher Monday, after US drugs giant Pfizer Inc confirmed that it has now twice approached its British peer with a takeover proposal, most recently on Saturday. Pfizer said it is still considering its opti Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Tuesday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />GOLDMAN CUTS ARM PRICE TARGET TO 1450 (1500) PENCE - 'BUY' <br />----------<br />HSBC CUTS BARCLAYS PRICE TARGET TO 285 (315) P Read More
LONDON (Alliance News) - The FTSE 100 closed higher Thursday, ensuring that it ended the shortened Easter week comfortably in the black, as some better-than-expected US data and some strong earnings reports from major US banks boosted sentiment.<br /><br />UK stocks traded in tight ranges earl Read More
LONDON (Alliance News) - <strong>RSA Insurance Group</strong> Chief Executive Stephen Hester Thursday went a long way to meeting his asset disposal target, selling the insurer's Polish and Baltic operations as part of its efforts to shore up its balance sheet in the wake of big losses in Irela Read More
LONDON (Alliance News) - US stocks look set to open lower Thursday, with earnings and potentially stretched valuations in focus after Google missed analyst expectations last night and with more big US names continuing to report throughout the afternoon. The market also has one eye on Geneva, wher Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday. ------- FTSE 100 - WINNERS ------- RSA Insurance Group, up 2.3%. The insurer said it has sold its operations in the Baltics and Poland for GBP30 Read More
LONDON (Alliance News) - The following is a summary of top news stories Thursday. ---------- COMPANIES ---------- Diageo, the world's largest spirits producer, and a major producer of beer and wine, said that organic net sales were down 1.3% in the third quarter ended Marc Read More
LONDON (Alliance News) - Spirits and alcoholic beverage giant Diageo PLC Thursday reported another dip in sales in the third quarter, hit by weaker demand for its beverages and a hefty slowdown in Asia and other emerging markets. Diageo, the world's largest spirits producer, and a major pro Read More
LONDON (Alliance News) - Spirits and alcoholic beverage giant Diageo Thursday reported another dip in sales in the third quarter due to further volume declines and weaker Emerging Markets. The world's largest spirits producer, and a major producer of beer and wine, said that organic net sal Read More
LONDON (Alliance News) - Spirits and alcoholic beverage giant Diageo PLC Thursday reported another dip in sales in the third quarter due to further volume declines and weaker Emerging Markets. Diageo, the world's largest spirits producer, and a major producer of beer and wine, said that org Read More
LONDON (Alliance News) - UK stocks are set to open broadly flat Thursday with little in the data calendar until the afternoon and markets winding down into the long Easter weekend, while the pound is trading at fresh multi-year highs against the dollar heading into the equity market open. U Read More