International Business News - DEO http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Among the sector activity stories for Wednesday, July 2, from AP Financial News: NEW YORK (AP)--Shares of liquor companies were mixed Wednesday after UBS analysts cut their rating on shares of spirits producers Diageo PLC and Brown-Forman Inc. due to slower spending and higher commodity costs. http://www.ibtimes.com/articles/20080702/sector-roundup-liquor-cos-flash-memory-chips.htm Wed, 02 Jul 2008 14:33:01 EDT Shares of liquor companies were mixed Wednesday after UBS analysts cut their rating on shares of spirits producers Diageo PLC and Brown-Forman Inc. due to slower spending and higher commodity costs. http://www.ibtimes.com/articles/20080702/sector-snap-liquor-producers-mixed.htm Wed, 02 Jul 2008 13:44:23 EDT British Prime Minister Gordon Brown is appointing three top executives as new advisers on his national business council. He says Andrew Witty, chief executive of drug developer GlaxoSmithKline PLC, BT Group PLC chief executive Ian Livingston and Paul Walsh, chief executive of drinks producer Diageo PLC, will join the panel. http://www.ibtimes.com/articles/20080702/brown-appoints-new-business-advisers.htm Wed, 02 Jul 2008 12:35:45 EDT A division of London-based Diageo PLC, the world's largest alcoholic drinks producer, spent $460,000 in the first quarter lobbying on revisions to U.S. tax code to cut the tax on distilled spirits, according to a recent disclosure form. http://www.ibtimes.com/articles/20080627/diageo-north-america-spent-460k-lobbying-in-1q.htm Fri, 27 Jun 2008 17:43:22 EDT A plan to balance Delaware's budget for the upcoming fiscal year with a series of tax increases hit a roadblock as it began working its way through the Legislature. http://www.ibtimes.com/articles/20080627/delaware-revenue-plan-stalls-in-legislature.htm Fri, 27 Jun 2008 12:24:46 EDT Diageo PLC, the world's largest alcoholic drinks producer, said it will build a high capacity distillery on the island of St. Croix in the U.S. Virgin Islands. http://www.ibtimes.com/articles/20080624/diageo-to-build-distillery-on-st-croix.htm Tue, 24 Jun 2008 08:52:08 EDT Diageo PLC, the world's largest alcoholic drinks producer, said Monday it completed forming a joint venture with The Nolet Group, owners of the Dutch vodka Ketel One. http://www.ibtimes.com/articles/20080609/diageo-forms-joint-venture-with-ketel-one-owner.htm Mon, 09 Jun 2008 13:41:25 EDT Constellation Brands Inc., the world's largest wine company, said Tuesday it agreed to sell a Canadian distillery and bottling facility in Canada to Diageo PLC. http://www.ibtimes.com/articles/20080520/constellation-to-sell-canadian-facility-to-diageo.htm Tue, 20 May 2008 17:12:59 EDT Guinness beer owner Diageo PLC rattled an Irish icon Friday, announcing plans to lay off more than half of its brewery workers, close two breweries and shift most production to a new, high-tech plant in the Dublin suburbs by 2013. http://www.ibtimes.com/data/articleimgs/45076-ireland-guinness.jpg http://www.ibtimes.com/articles/20080509/diageo-brews-1-25b-irish-overhaul.htm http://www.ibtimes.com/articles/20080509/diageo-brews-1-25b-irish-overhaul.htm Fri, 09 May 2008 13:34:26 EDT Guinness beer owner Diageo PLC rattled an Irish icon Friday, announcing plans to lay off more than half of its brewery workers, close two breweries and shift most beer production to a new, high-tech plant in the Dublin suburbs by 2013. http://www.ibtimes.com/data/articleimgs/45029-ireland-guinness.jpg http://www.ibtimes.com/articles/20080509/diageo-brews-irish-guinness-overhaul.htm http://www.ibtimes.com/articles/20080509/diageo-brews-irish-guinness-overhaul.htm Fri, 09 May 2008 09:33:59 EDT Diageo PLC said Friday it will close two Irish breweries, reduce operations at a third facility and cut its staff in the country by more than half as it consolidates Guinness brewing operations in Ireland. http://www.ibtimes.com/articles/20080509/guinness-brewing-ops-being-consoldiated-in-irleand.htm Fri, 09 May 2008 08:29:17 EDT Diageo PLC, the world's largest producer of alcoholic drinks, said Thursday that sales rose 7 percent in the nine months ending March 31. The maker of Guinness stout, Johnnie Walker whiskey and Smirnoff vodka said net sales growth was in line with results in the first half. It did not provide a specific sales figure in the brief trading update. http://www.ibtimes.com/articles/20080508/diageo-9-month-sales-rise-7-percent.htm Thu, 08 May 2008 13:54:51 EDT Diageo PLC, the world's largest producer of alcoholic drinks, said Thursday that sales rose 7 percent in the nine months ended March 31. The company said net sales growth was in line with results in the first half. http://www.ibtimes.com/articles/20080508/drinks-producer-diageo-9-month-sales-up-7-percent.htm Thu, 08 May 2008 05:03:12 EDT The noise is deafening at Diageo PLC's Abercrombie coppersmiths as skilled workers hammer away, molding 14 large bell-shaped stills destined for Scotland's first new whisky distillery in more than ... http://www.ibtimes.com/data/articleimgs/38524-britain-whisky-resurgence.jpg http://www.ibtimes.com/articles/20080407/scotch-whisky-makers-expand-look-abroad.htm http://www.ibtimes.com/articles/20080407/scotch-whisky-makers-expand-look-abroad.htm Mon, 07 Apr 2008 13:59:15 EDT U.S. regulators have requested more information about Diageo PLC's proposed joint distribution venture with Dutch vodka maker Ketel One, the British drinksmaker said Wednesday. http://www.ibtimes.com/articles/20080326/diageo-says-us-requests-more-information.htm Wed, 26 Mar 2008 05:48:00 EDT Diageo PLC, the world's largest producer of alcoholic drinks, said Thursday it expects its Scotch whisky business to grow at least 8 to 9 percent annually, amid growing demand from emerging markets in Asia and Latin America. http://www.ibtimes.com/articles/20080320/diageo-sees-whisky-sales-rising.htm Thu, 20 Mar 2008 12:21:38 EDT The days when investment banks would spend time wooing big investors over a leisurely meal, with booze and cigars afterward, may be on their way out. Now, firms such as Germany's Dresdner Kleinwort can play matchmaker through "speed investing" sessions. It may not be as genteel, but it gives European companies like Lloyds TSB and retailer Burberry a chance to woo deep-pocketed American investors. http://www.ibtimes.com/articles/20080229/art-of-the-deal-speed-dating-style.htm Fri, 29 Feb 2008 16:04:10 EST Among the earnings stories for Thursday, Feb. 14, from AP Financial News: Top stories: http://www.ibtimes.com/articles/20080214/earnings-roundup-goodyear-encana.htm Thu, 14 Feb 2008 11:28:39 EST Diageo PLC, the world's largest producer and distributor of alcoholic drinks, reported Thursday that net profit was up 8.8 percent in the first half. The results were driven by double-digit gains in sales of Johnnie Walker whiskey, Smirnoff vodka and Captain Morgan rum. Sales of Guinness stout, which has recently struggled, were up 6 percent, Diageo said. http://www.ibtimes.com/articles/20080214/diageo-1h-profit-up-8-8-percent.htm Thu, 14 Feb 2008 06:31:09 EST LONDON (AP) _ Diageo PLC, the world's largest producer and distributor of alcoholic drinks, reported Thursday that net profit was up 8.8 percent in the first half. http://www.ibtimes.com/articles/20080214/diageo-1h-profit-up-8-8-percent.htm Thu, 14 Feb 2008 02:44:54 EST