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Stock Market & Financial Investment News

News Breaks
January 10, 2013
09:03 EDTDEODiageo signs new distribution agreements with Charmer Sunbelt Group
Diageo and The Charmer Sunbelt Group announced that they have entered into new agreements for Arizona, Colorado, Delaware, Maryland, New York, South Carolina, and the District of Columbia. Under these agreements, The Charmer Sunbelt Group will continue as the exclusive distributor for the Diageo portfolio of wines and spirits in these states. The Charmer Sunbelt Group will also continue as the exclusive broker for Diageo wines and spirits in Montgomery County, Maryland.
News For 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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