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April 17, 2014
09:28 EDTDEODiageo reports organic net sales down 1.3% in Q3
Diageo said organic net sales declined 1.3%. Volume declined 2% in the nine months ended March 31 and 1% in the third quarter. As a result of recent developments in Venezuela, including the new currency exchange mechanism and the related reporting implications, Diageo has translated the groupís Venezuelan operations for the quarter and for the nine months at a rate of $1 = VEF49.81. Reported net sales were down 7.4% in the nine months due to the impact of adverse currency movements and the termination of the distribution agreement with Jose Cuervo. CEO Ivan Menezes said, "Our performance reflects the challenging environment we are operating in. Consumers in North America are most resilient, as are consumers of our reserve brands in most markets."
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12:00 EDTDEODiageo announces restructuring of South African, Namibian operations
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July 24, 2015
08:39 EDTDEODiageo investors right to be nervous, says Bernstein
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July 23, 2015
15:29 EDTDEODiageo drops nearly 5% following WSJ report of excess inventory shipments
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15:23 EDTDEOSEC investigates Diageo over excess inventory offloading, WSJ says
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14:59 EDTDEOSEC probing allegations of Diageo shipping excess inventories, WSJ reports
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July 21, 2015
10:01 EDTDEOOn The Fly: Analyst Initiation Summary
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July 20, 2015
16:44 EDTDEODiageo initiated with a Buy at Sterne Agee CRT
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