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Stock Market & Financial Investment News

News Breaks
March 28, 2014
06:15 EDTDEODiageo shakes up executive team
Ivan Menezes, CEO, announced: "Over the last few years the scale and shape of our business in Asia Pacific has transformed, primarily by the acquisitions we have made in India and Greater China. These markets are key growth engines for Diageo, and Gilbert Ghostine will now focus on the development of our position in India and China, a position which he orchestrated as he led the expansion of our business in Asia Pacific. I have also asked Gilbert to take on the newly created role of Chief Corporate Development Officer, responsible for Business Development. In addition he will be responsible for our relationship with MoŽt Hennessy and will join me on the MoŽt Hennessy/Diageo Joint Committee. Gilbertís title will be President, Diageo India and Greater China, and Chief Corporate Development. My second change is to reconfigure the leadership of our emerging markets outside Latin America and Caribbean and Nick Blazquez is appointed President, Diageo Africa, Eurasia and Pacific. I have decided that our Global Supply and Procurement function will report to Deirdre Mahlan, CFO. David Gosnell, President Global Supply and Procurement, is retiring from the Diageo Executive Committee at the end of this financial year and David Cutter, currently International Supply Centre Director, is appointed President Global Supply and Procurement and will join the Executive Committee reporting to Deirdre."
News For DEO From The Last 14 Days
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July 25, 2014
10:55 EDTDEOHigh option volume stocks
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July 24, 2014
10:19 EDTDEOHigh option volume stocks
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July 17, 2014
10:00 EDTDEOOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: 21st Century Fox (FOXA) downgraded to Buy from Strong Buy at ISI Group... Charter (CHTR) downgraded to Hold from Buy at Jefferies... Covidien (COV) downgraded to Hold from Buy at Needham... Diageo (DEO) downgraded to Underweight from Neutral at JPMorgan... GNC Holdings (GNC) downgraded to Hold from Buy at Jefferies... International Game (IGT) downgraded to Market Perform from Outperform at BMO Capital... JAVELIN Mortgage (JMI) downgraded to Market Perform from Outperform at JMP Securities... Macquarie Group (MQBKY) downgraded to Underweight from Neutral at JPMorgan... PNC Financial (PNC) downgraded to Neutral from Buy at Compass Point... PetSmart (PETM) downgraded to Sector Perform from Outperform at RBC Capital... Rexam (REXMY) downgraded to Hold from Buy at Deutsche Bank.
07:11 EDTDEODiageo downgraded to Underweight from Neutral at JPMorgan
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July 15, 2014
11:45 EDTDEODiageo downgraded to Sell from Hold at Societe Generale
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July 14, 2014
06:27 EDTDEOAB InBev considering bid for SABMiller, FT reports
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