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Diageo, Terry Smith
Terry Smith Sells Diageo Stock on Weight-Loss Drugs Fears
British fund manager Terry Smith has sold his stake in Diageo Plc, citing concerns about the management of the drinks company and its vulnerability to soaring demand for weight-loss drugs.
UK's Fundsmith says it shed Diageo over management issues, weight loss drugs
Britain's Terry Smith made public for the first time on Thursday why his fund dumped its Diageo stake last year, citing problems with its new management and early signs that weight loss drugs threatened the drinks sector.
Smith dumps Diageo stake over impact of weight-loss drugs on alcohol demand
Veteran investment manager Terry Smith has dumped his underperforming £22.5bn fund’s stake in Diageo after almost 15 years owing to concerns over the drinks maker’s new management team and the threat to demand posed by weight-loss drugs.
Fund star Terry Smith dumps stake in drinks giant Diageo as weight-loss jabs boom
In a letter to investors, Smith (pictured) said he had sold his Fundsmith Equity fund's shares in Diageo after holding the stock for almost 15 years.
49m
Alcohol-Free Guinness Won’t Shield Diageo, Says Morgan Stanley
The popularity of alcohol-free Guinness won’t protect the shares of its owner Diageo Plc from the growing trend toward health ...
6h
India names Diageo, Sequoia Capital in case alleging suspicious payments
India's federal investigating agency has accused liquor giant Diageo and Sequoia Capital of making suspicious payments to a ...
22h
Diageo rises Thursday, outperforms market
Diageo PLC DGE shares rallied 1.15% to £25.55 Thursday, on what proved to be an all-around great trading session for the ...
ThePrint
10m
India alleges Diageo, Sequoia Capital made suspicious payments to influence decisions
India's federal investigating agency has alleged that Diageo and Sequoia Capital made suspicious payments to a politician's firm in an attempt to attain ...
14h
Kepler Capital Keeps Their Buy Rating on Diageo (DGEAF)
Kepler Capital analyst Richard Withagen maintained a Buy rating on Diageo (DGEAF – Research Report) on January 8 and set a price target of ...
2d
on MSN
Diageo plc (NYSE:DEO): An Undervalued Global Leader in Beverages Manufacturing
We came across a long thesis on Diageo plc (NYSE:DEO) on ValueInvestorsClub by Hal. In this article we will summarize the ...
Bar & Bench
3h
Karti Chidambaram withdraws anticipatory bail plea after CBI says no impending arrest in Diageo case
Sivanganga Member of Parliament (MP) and Congress leader Karti Chidambaram on Friday withdrew his anticipatory bail filed ...
Investment Week
2h
Fundsmith Equity fund sells long-term holdings in Diageo and Apple in 2024
Fundsmith Equity fund has sold out of its stakes in Diageo, McCormick and Apple, amid disappointment with the companies’ ...
2d
Diageo price target raised to $129 from $124 at TD Cowen
TD Cowen raised the firm’s price target on Diageo (DEO) to $129 from $124 and keeps a Hold rating on the shares. The firm believes 2025 is ...
1d
Diageo rises Wednesday, outperforms market
Diageo PLC DGE shares inched up 0.78% to £25.26 Wednesday, on what proved to be an all-around positive trading session for ...
1d
on MSN
Diageo, Pernod Ricard and Carlsberg demand $466 million from Telangana in payments row, sources say
Global alcohol companies, including Heineken's United Breweries, Diageo, and Pernod Ricard, are demanding $466 million in ...
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