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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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July 1, 2015
06:33 EDTDEODiageo sells Gleneagles Hotel to group led by Ennismore; terms not disclosed
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June 30, 2015
10:01 EDTDEOHigh option volume stocks
High option volume stocks: DEO PE BPOP PNR JUNO OFG CMPR MPEL
June 26, 2015
11:15 EDTDEODiageo to sell Gleneagles to Ennismore Capital, Sky News reports
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June 24, 2015
05:28 EDTDEODiageo reinstated with a Buy at BofA/Merrill
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June 23, 2015
10:00 EDTDEOOn The Fly: Analyst Upgrade Summary
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05:28 EDTDEODiageo upgraded to Buy from Neutral at Nomura
Nomura upgraded Diageo to Buy saying growth should start to accelerate while negative news flow ends.

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