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Stock Market & Financial Investment News

News Breaks
April 7, 2014
08:34 EDTBFB, BF.A, BFA, DEO, BF.BBrown-Forman eyeing Whyte & Mackay acquisition, Reuters reports
According to three sources, Brown-Forman (BFA, BFB) is considering a second-round bid for Whyte & Mackay, the whisky business that is being sold by United Spirits, Reuters reports. Whyte & Mackay could fetch about $581M in a sale. Diageo (DEO) is currently pursuing the purchase of a controlling stake in United Spirits. Reference Link
News For B;BFA;BFB;DEO From The Last 14 Days
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January 30, 2015
10:00 EDTDEOOn The Fly: Analyst Downgrade Summary
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08:38 EDTDEODiageo downgraded to Market Perform from Outperform at Bernstein
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January 27, 2015
07:18 EDTDEODiageo extends payment delay to 90 days for small suppliers, Telegraph says
Diageo (DEO), owner of Guinness and Johnnie Walker, notified suppliers it will delay payment for 90 days on all new contracts and tenders from February 1 onwards, reports the Telegraph. The notice also stated suppliers would have access to Santander (SAN) financing if any monetary issues arise due to the new policy. The Forum of Private Business plans to challenge Diageo on the matter. Reference Link

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