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Latest DEO News From Around the Web
Below are the latest news stories about DIAGEO PLC that investors may wish to consider to help them evaluate DEO as an investment opportunity.
Diageo plc (DEO): Short Seller Sentiment is BullishWe recently compiled a list of the 10 Best Liquor Stocks To Buy According to Short Sellers. In this article, we are going to take a look at where Diageo plc (NYSE:DEO) stands against the other liquor stocks. Short selling is a strategy where traders profit from the decline in the price of a stock or […] |
In data: Brazil, Chile touted as “high-potential” Americas spirits marketsThe spirits markets in Brazil and Chile are expected to reach $40.1bn and $6.9bn respectively by 2028. |
Diageo research finds young consumers want to drink in moderation“Distilled 2025” also revealed that consumers are increasingly willing to spend more money on unique experiences and products. |
India alleges Diageo, Sequoia Capital made suspicious payments to influence decisionsIndia's federal investigating agency has alleged that Diageo and Sequoia Capital made suspicious payments to a politician's firm in an attempt to attain favourable government decisions, a document reviewed by Reuters on Friday showed. The Central Bureau of Investigation (CBI) alleges that Diageo Scotland made a suspicious transfer to Congress Party lawmaker Karti Chidambaram's firm after a 2005 ban on the sale of its duty-free products hit Johnnie Walker whisky sales. The agency said in the case document on its website that an investigation showed a payment of $15,000 to Chidambaram's firm was intended to influence public servants to lift the ban, rather than for consultancy work as it was described. |
Diageo's Challenges Posed by GLP-1 Weight-Loss Drugs Cited by Fundsmith Manager for Selling StakeDiageo (DEO) shares were on the chopping block for UK fund manager Terry Smith during 2024, with the |
Star fund manager bets against Guinness boomA star fund manager is betting against the boom in Guinness amid fears that the rise of weight loss drugs could curtail demand for alcoholic drinks. |
Smith dumps Diageo stake over impact of weight-loss drugs on alcohol demandVeteran investment manager Terry Smith has dumped his underperforming £22.5bn fund’s stake in Diageo after almost 15 years owing to concerns... |
Diageo identifies 2025 socialising trends in new global reportDiageo, maker of Johnnie Walker, Don Julio Tequila and Guinness, has today unveiled its annual global trends report which reveals how and why consumers will socialise over the next year. Based on AI analysis of over 160 million online conversations across the world, Distilled 2025 offers detailed insights into what is driving discussions globally and the current trends shaping consumer decision-making. |
Diageo plc (NYSE:DEO): An Undervalued Global Leader in Beverages ManufacturingWe came across a long thesis on Diageo plc (NYSE:DEO) on ValueInvestorsClub by Hal. In this article we will summarize the bulls’ thesis on DEO. The company’s shares were trading at $118.16 when this thesis was published, vs. closing price of $124.88 on Jan 7th. Diageo plc (NYSE:DEO) is a UK-based multinational company specializing in […] |
Supermarket stout sales soar as pubs battle Guinness ‘shortage’Stout sales have soared in Britain’s supermarkets amid claims of a Guinness shortage that has forced some pubs to resort to rationing. |