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Stock Market & Financial Investment News

News Breaks
June 28, 2013
05:57 EDTDEO, PDRDYDiageo takes on Missouri's 1930s wholesaler rules, WSJ reports
The "Missouri Liquor Wars," a fight between the world's biggest liquor makers and a family-owned wholesaler, could change the way spirits are sold in the U.S. and undo one of the last vestiges of the 1930s Prohibition, reports the Wall Street Journal..The issue is post-Prohibition-era regulations in about a 12 U.S. states that can lock in liquor producers with specific wholesalers, making it difficult to consolidate middlemen or change distributors. Diageo (DEO), Bacardi Ltd., Pernod Ricard (PDRDY) and their Washington lobby say thos laws artificially prop up local wholesalers and drive up distribution costs. They want the right to consolidate their wholesalers. Reference Link
News For DEO;PDRDY From The Last 14 Days
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September 19, 2014
13:50 EDTDEODiageo announces licensing agreement with The Explorers Club, settles litigaiton
The Explorers Club and Diageo announced a global sponsorship and licensing agreement and the settlement of all outstanding litigation between the two organizations. Under the agreement, Diageo's Johnnie Walker has become a corporate sponsor of The Explorers Club, the historic world center for exploration headquartered in New York City. The Explorers Club and Johnnie Walker will also work together to promote exploration and discovery, the core of The Explorers Club's mission. Terms of the agreement were not released.
September 18, 2014
10:34 EDTDEOHigh option volume stocks
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08:59 EDTDEOOn The Fly: Pre-market Movers
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07:34 EDTDEOSodaStream rumored as target for SABMiller, Diageo, Independent says
Rumors haver circulated among U.K. traders that soda machine maker SodaStream (SODA) could be targeted for a takeover by beverage makers SABMiller (SBMRY) and Diageo (DEO) or private equity group KKR (KKR), according to The Independent. Reference Link
06:18 EDTDEODiageo investors express displeasure over 'excessive' rewards, Daily Mail says
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