Ireland celebrates 250 years of Guinness Sep 23, 2009
Diageo, which employs 2,200 people in Ireland, says that as a result of the economic downturn a 670 million-euro (990 million-dollar) restructuring plan announced last year is "under review" ... Now owned by the Diageo drinks company since a merger in 1997, the Guinness family only retains a small shareholding. (Sydney Morning Herald -- World)
The Best Little Investment Opportunity I Know Sep 20, 2009
Thus, the major companies in these major emerging markets -- names like POSCO (NYSE: PKX), Diageo (NYSE: DEO), and Rio Tinto (NYSE: RTP) -- are fairly well-covered by U.S. analysts ... Diageo and POSCO are Income Investor picks. (MSNBC -- Business)
LVMH in the recession: The substance of style Sep 18, 2009
Earlier this year, there were rumours that LVMH would sell Mo t Hennessy to Diageo, the world s biggest spirits group, which already owns 34% of the business. Such a sale could raise money to buy Herm;s. (The Economist)
Diageo Once Again Recognized by Human Rights Campaign as 'Best Place to Work' Sep 15, 2009
Diageo Once Again Recognized by Human Rights Campaign as 'Best Place to Work ... Diageo Once Again Recognized by Human Rights Campaign as 'Best Place to Work ... Sept. 14 /PRNewswire-FirstCall/ -- Diageo, the world's leading spirits, wine and beer company, is pleased to announce that it has again earned a perfect score in the annual Human Rights Campaign's Corporate Equality Index (CEI) survey. (PR Newswire)
Plea to help stop jobs blackspot Sep 13, 2009
Drinks giant Diageo last week confirmed plans to close its Johnnie Walker bottling plant in Kilmarnock, despite a campaign to save it from the axe ... "It will ruin the lives and futures of people in our town. "But because the Scottish Government plan failed to convince Diageo to do the right thing, we have to prepare for the worst ... The Labour MP added: "Local businesses depend on Diageo workers spending money in the town. The knock-on effects are frightening.". (BBC News -- UK)
Maker's Suit Deals With Red Wax Seal Sep 12, 2009
The suit filed this week in Louisville names the maker of the high-end tequila Jose Cuervo Reserva de la Familia as a defendant, along with Diageo North America Inc., which distributes the tequila in the United States. Maker's Mark claims the red wax coating on the tequila has spurred purchases by some people who mistakenly think the product is connected with Maker's Mark. (ABC News -- Wire)
Gen Art and Rock Media Announce Merger Sep 9, 2009
Gen Art's programming is supported by and created in conjunction with dozens of high-profile corporate partners including Acura, Arizona Iced Beverages, American Express, Anheuser-Busch, Bayer Healthcare Pharmaceuticals, Blackberry, Citibank, Delta Air Lines, Diageo, Giorgio Armani, Kenneth Cole, Lipton, Nokia, Seven for All Mankind, Soyjoy, Sony, and Starbucks. Rock Media, founded in 2007 by Scott Rosenblum and Nicole Purcell, has produced and participated in a variety of entertainment... (Yahoo! Wire -- Entertainment News)
5 Dynamic Dividend Stocks Sep 9, 2009
Diageo (NYSE: DEO), for example, has beaten the S&P 500 by 36 points since April 2004, and is rewarding investors with a 3. 7% trailing yield. (MSNBC -- Business)
Read Hannity's America Sep 4, 2009
That's where the British company Diageo PLC the biggest distilled spirits maker in the world is going to build its state of the art distillery. So why are we funneling billions of dollars to a foreign company. (Fox News)
* World News Quick Take Sep 4, 2009
Guinness is owned by the worlds biggest spirits group Diageo. Information Minister Rais Yatim said it was up to the individuals better judgment to decide whether he or she should attend events organized by an alcoholic beverage company. (Taipei Times, Taiwan -- Business)
Obama Gives $2.7B Tax Breaks to British Rum Co. Sep 2, 2009
Under an agreement, London-based Diageo PLC the world's biggest distilled spirits maker will receive tax credits and other benefits worth $2. 7 billion over 30 years, including $165 million to build a distillery on the island of St. Croix in the Virgin Islands, a U.S. territory. (Newsmax)
To Sell in Australia, Being Nimble Counts Sep 1, 2009
Companies like distiller Diageo, leather goods maker Oroton, and Coca-Cola Amatil find that being nimble helps them become stronger in uncertain times ... Spirits maker Diageo () learned this lesson the hard way in April 2008, when, without warning, the Australian government increased the excise tax on "ready-to-drink" products such as cans and bottles of premixed drinks by 70 ... While the tax hike was in legislative limbo, Diageo used the unwelcome surprise as an opportunity to hone its... (BusinessWeek)
Three pillars of growth help Guinness bolster market share Aug 31, 2009
Major accolades won by GAB include three consecutive years of winning the Guinness League of Excellence for best Guinness brewed in the world, beating 47 Guinness breweries globally; the Tiger In Market Quality Awards 2008 for outstanding quality of Tiger Beer internationally by Asian Pacific Breweries; and runner-up in Asia Pacific for the Diageo Market of the Year Award. GUINESS. (The Star Online, Malaysia -- Business)
Diageo protest at golf tournament Aug 29, 2009
Diageo workers fighting to save 900 whisky jobs in Glasgow and Kilmarnock have targeted an international golf tournament sponsored by the company ... Diageo chief executive Paul Walsh has previously said that such action risks damaging the image of the brand ... Diageo plans to close its Johnnie Walker bottling plant in Kilmarnock and the Port Dundas distillery in Glasgow. (BBC News -- UK)
Beaulieu Vineyard(R) Wine Featured for the Sixth Consecutive Year at the 61st Primetime Emmy(R) Awards Governors Ball Aug 29, 2009
Beaulieu Vineyard wines are produced by Diageo Chateau & Estate Wines (DC&E), part of Diageo (Dee-AH-Gee-O), the world's leading premium drinks business. DC&E produces and markets premium wines from around the globe including Napa Valley, Sonoma, the California Central Coast, Washington, France, New Zealand and Australia. (Yahoo! Wire -- Entertainment News)
Carrefour books first-half loss of $82.75 million Aug 28, 2009
Diageo full year net profit up 7 pct. Diageo PLC, the world's biggest spirits maker, posted a 7 percent rise in full-year net profit on Thursday, benefiting from favorable currency exchange rates and cost-cutting amid weaker demand for many of its key products. (Fresno Bee -- Business)
Diageo Dials Back Current Fiscal Year Profit Target Aug 28, 2009
LONDON -(Dow Jones)- Global drinks giant Diageo PLC (DEO) Thursday posted full-year profit growth at the bottom end of its target and predicted even slower profit growth for the year ahead, amid uncertainty over the strength of the global economic recovery ... Diageo - the world's biggest alcoholic-drinks producer by volume - said that while the global economy appears to be stabilizing, there is uncertainty as to the sustainability of the recovery and the coming year will be challenging ... The... (SmartMoney)
Profits dip at protest-hit Diageo Aug 27, 2009
Diageo chief executive Paul Walsh "We're looking forward to another year of growth". Diageo, owner of Guinness, Smirnoff and Johnnie Walker, has reported a 3 ... Two affected workers and a group of politicians are to visit Downing Street and Diageo headquarters on Thursday. (BBC News -- Europe)
DP World profit drops 32 percent amid trade slump Aug 27, 2009
Diageo full year net profit up 7 percent. Diageo PLC, the world's largest spirits maker, posted a 7 percent rise in full-year net profit on Thursday, benefiting largely from positive exchange rate movements and cost-cutting amid weaker demand for many of its key products. (Fresno Bee -- Business)
European shares up Aug 27, 2009
LONDON: European shares drifted higher in early trade on Thursday as gains in financials outpaced weakness in the beverage sector after Diageo lowered its profit target ... European shares drifted higher in early trade on Thursday as gains in financials outpaced weakness in the beverage sector after Diageo lowered its profit target. (India Times)
FTSE 100 pushes back past 4,900 Aug 27, 2009
Diageo lifted its final dividend by 5 per cent to 22. 2p per share. (FT.com -- Markets)
Whisky firm's profits fall 3.7% Aug 27, 2009
Diageo announced plans to cut about 900 Scottish jobs in July. Drinks giant Diageo has announced pre-tax profits of more than 2bn, a fall of 3 ... The two staff representatives and politicians, including former Scottish Secretary Des Browne, will visit Diageo's headquarters in London as well as the House of Commons and 10 Downing Street to voice opposition to the closures. (BBC News -- UK)
News coverage from around the world Aug 27, 2009
Chicago Tribune - 1 hour ago Aug. 14, Quinn: "I'm a patient man, but I don't have infinite patience. I'm willing to let them study the report. The Associated Press CBS2 Chicago - - - San Francisco Chronicle - 2 hours ago Denys Arcuri, communications director for the Fourth District said the 74-year-old Wilson died Wednesday night at his home in Palm Desert. Los Angeles Times The Desert Sun - - - Bloomberg - - 22 minutes ago Aug. 27 (Bloomberg) -- Most European stocks rose as better-... (Allston Brighton TAB, MA)
Glasses raised to Diageo recovery hopes Aug 26, 2009
Financial Times FT.com. All times are London time. (FT.com -- Markets)
Diageo calls off stake buy talks with USL Aug 26, 2009
Vijay Mallya led United Spirits (USL) and the world's largest drinks company Diageo will not be unveiling a grand alliance in the Indian market. Diageo on Tuesday said its talks with USL to acquire a stake in the latter had been called off ... Said sources, "talks are ongoing. It is difficult to put a timeframe on when a deal might fructify." Now that the Diageo option is closed, sale of the balance treasury stock, going in for QIP, GDR, and placement with PE funds are the other options being... (India Times, India -- Intl Business)
Alternative plan for Diageo jobs Aug 25, 2009
Diageo plans to close its Kilmarnock plant with the loss of 700 jobs. A business plan to save the Diageo plant in Kilmarnock from closure is to be handed to the Scottish Government by East Ayrshire Council ... Diageo announced last month that it planned to close both facilities with the loss of up to 900 jobs. (BBC News -- UK)
Diageo Opens the Doors of Its New $20.2 Million Bottling Facility in Plainfield, IL Aug 23, 2009
Diageo Opens the Doors of Its New $20 ... Diageo Opens the Doors of Its New $20 ... Aug. 22 /PRNewswire-FirstCall/ -- Diageo, the world's leading spirits, beer and wine company celebrates the grand opening of the Company's $20. (PR Newswire)
East Africa: UK Court Extends Freeze On EABL's Takeover Bid Aug 20, 2009
In a ruling passed on Tuesday, Diageo -majority shareholder in EABL with a 50 per cent stake - and SABMiller were ordered to go into an arbitration process expected to start in the coming days to search for a middle ground of breaking up the seven-year marriage. EABL joined Tanzania Breweries Limited (TBL), in which SAB Miller has a 52 per cent stake, under the agreement signed in 2002. (allAfrica.com)
Options over Diageo cuts considered Aug 19, 2009
Diageo cuts alternatives examined ... A taskforce set up to save two Diageo plants earmarked for closure is to examine an independent report offering alternatives to the cuts ... Diageo proposes to close its Johnnie Walker bottling plant in Kilmarnock and the Port Dundas distillery. (BBC News -- UK)
Optimus Announces Winners of 2009 One Shot Contest Aug 19, 2009
For more than 20 years, Scott rs leading talent has developed original, memorable and effective ideas built on true market insight for companies such as Turner Classic Movies, McDonalds, Diageo, Kelloggs, Coca-Cola, Ball Park Franks, Fila and many more. For more information, please visit. (Yahoo! Wire -- Entertainment News)
SABMiller unit wins East Africa beer war in court Aug 19, 2009
The agreement between SABMiller and Diageo, which effectively determines the competitive landscape of the beer industry in Tanzania and Kenya, is set to remain in place until January 2011 following yesterday's ruling by a London High Court. The court ruled that the brewing and distribution agreement between SABMiller-controlled Tanzania Breweries Limited (TBL) and Diageo-controlled East African Breweries Limited (EABL) must remain in force until January 2011 ... The breaches included the... (Business Report, South Africa)
Sainsbury's in battle over Pimm's Aug 17, 2009
Drinks giant Diageo says it will take legal action against supermarket chain Sainsbury's, after alleging it broke copyright rules regarding Pimm's ... Diageo said the case should not affect its relationship with Sainsbury's, a key customer ... "Sainsbury's is a valued customer of Diageo and we hope will continue to be so for many years. It is Diageo's firm intent that our strong trading relationship should not be affected by this discrete dispute," said the drinks firm. (BBC News -- Business)
Sage beats trend as Footsie slips Aug 15, 2009
Diageo was keen to take control of Mot Hennessy, but LVMH would not welcome any proposal, they said. the engineering group, edged up 1. (FT.com -- Markets)
Europe retreats from 10-month high Aug 15, 2009
LVMH has repeatedly denied it is planning to sell, in spite of rumours that Diageo is a willing buyer. It ended the week up 3. (FT.com -- Markets)
Summit held on Diageo job losses Aug 14, 2009
A major summit on saving two Diageo plants earmarked for closure will take place in Glasgow later ... Diageo proposes to close its Johnnie Walker bottling plant in Kilmarnock and the Port Dundas distillery in Glasgow ... Diageo has said the redundancies would be offset by the creation of 400 jobs at its packaging plant in Leven, Fife. (BBC News -- UK)
Johnnie Walker "The Walk" Aug 12, 2009
Pity DIAGEO dont take note of their own video,as they get ready to make 700 of Johhnie Walker Kilmarnock employees redundant. Johhnie Walker would not be so proud of what they have done to his KILMARNOCK whiskey today. (AdWeek)
Click to read:Jobless Rate Falls to 9.4% as Layoffs Slow Aug 8, 2009
Diageo Hotline has an interesting stat in it that no one is talking about. Only 42% would vote for Obama again in 2012. (CBS News)
'COMEDY CENTRAL Live Starring Mike Birbiglia: I'm in the Future Also' Tour - The Stories Begin August 15 In Newport, RI Aug 6, 2009
Diageo (Dee-AH-Gee-O) is the world's leading premium drinks business and industry leader in promoting responsible drinking, with an outstanding collection of beverage alcohol brands across spirits, wines, and beer categories ... Diageo is a global company, trading in more than 200 countries around the world ... For more information about Diageo, its people, brands, and performance, visit us at. (Yahoo! Wire -- Entertainment News)
Tanzania to behead beer monopoly Aug 4, 2009
Godfrey Mkocha, the director-general of Tanzania's Fair Competition Commission, spoke to Business Report last week of his concerns about the monopoly situation created by the 2002 market-share agreement between SABMiller and Diageo. His comments followed a statement by international drinks group Diageo that it had informed SABMiller it was terminating their Tanzanian market-share agreement ... Diageo made the move just hours after its Kenya-based subsidiary, East African Breweries Limited... (Business Report, South Africa)
A costly drop Aug 1, 2009
William Grant and larger rival Diageo Plc, the maker of Johnnie Walker whisky, have increased sales by selling more premium-priced products. Scotch whisky exports fell 5 percent in volume last year, though they climbed 8 per cent by value to 3. (Sydney Morning Herald -- Business)
SABMiller, Diageo divorce set to aid competition Jul 31, 2009
Competition looks set to break out once again in the Tanzanian and Kenyan beer markets with the possible dismantling of the joint venture arrangement between two of the world's largest drinks groups, SABMiller and Diageo. Earlier this week, SABMiller said it was seeking a UK court injunction to stop Diageo from terminating a brewing and distribution arrangement that had been entered into with SABMiller in 2002 ... In terms of that agreement Kenyan-based East African Breweries Limited (EABL),... (Business Report, South Africa)
Panicked investors stampede in case bulls do run Jul 31, 2009
Either one or other party is queuing up at the door of the competition authorities in the hope of being the lucky one to secure a "corporate leniency" deal or, as is the case with Diageo, they just ignore the arrangement and go about their business as if they were just an ordinary old competitor. Ahead of the London court action or arbitration proceedings, it is impossible to know what motivated Diageo subsidiary East African Breweries Limited (EABL) to decide it wanted to cancel its arrangement... (Business Report, South Africa)
Diageo delivers responsible drinking messages Jul 30, 2009
Diageo, the world's leading premium drinks business, is hoping to reverse the trend. "Alcohol is a special consumer product in that it can have negative effects on society if used irresponsibly," said Lu Haiqing, corporate relations director, Diageo China ... "Diageo is committed to minimizing these effects and creating a healthy environment for the development of the alcohol industry.". (Xinhuanet, China)
Guinness good for you - official Jul 29, 2009
However, Diageo, the company that now manufactures Guinness, said: "We never make any medical claims for our drinks.". The company now runs advertisements that call for "responsible drinking". (BBC News)
Beer sales sputter during July 4 holiday Jul 28, 2009
The big importers were hurt badly too: Corona marketer Crown Imports watched sales decline 6% to 8%, while Heineken and Diageo each saw double-digit drops. All told, A-B's sales volume fell 5. (Crain's Chicago Business)
Thousands march in Scotland over whisky plant closure Jul 27, 2009
The country's First Minister Alex Salmond said the protest was another step in a campaign to try to keep open the bottling plant and a grain distillery in nearby Glasgow, both owned by drinks giant Diageo ... Diageo has said the closure of the Johnnie Walker bottling plant and Port Dundas distillery over a two-year period will lead to the loss of 900 jobs ... On its website, Diageo says John Walker opened a grocery store in 1820 in Kilmarnock before experimenting with blending malt whiskies,... (Sydney Morning Herald -- World)
March to support whisky workers Jul 26, 2009
Diageo announced plans to cut about 900 Scottish jobs last month ... The campaign aims to reverse the decision taken by plant owners Diageo ... Diageo has said the redundancies would be offset by the creation of 400 jobs at its packaging plant in Fife. (BBC News -- UK)
Publicis Groupe Services: Half-Year 2009 Results Jul 23, 2009
Biscuit LeClerc (United States), Carrefour (France), City of The Hague (Netherlands), Diageo (United Kingdom), FIMF online banking services (Germany), Lactalis dairy products (Italy), Ministry of Agriculture (Netherlands), Ministry of Economy, Industry and Employment (France), Roman Meal (United States), sanofi aventis (Germany). Saatchi & Saatchi. (PR Newswire)
Harvard Business Review: Why is it necessary to take a brand global? Jul 22, 2009
In the past, Dutta has worked with Cadbury and Diageo. The analysis has been written exclusively for Brand Equity. (India Times)
Diageo Reserve Brands Raises The Bar and Awards Title of World Class Bartender of The Year 2009 Jul 18, 2009
Source: Diageo Reserve Brands Group ... LONDON, July 17 /PRNewswire/ -- The title of Diageo Reserve Brands World Class Bartender of the Year 2009 was decided in London yesterday ... Congratulating the winner of the inaugural global Diageo Reserve World Class competition, dubbed the "Liquid Oscars", Global Reserve Brands general manager Rudy Paoli said. (Yahoo! Wire -- Entertainment News)
Leading Chinese Online Advertising Company AdChina Completes Series B Financing Jul 18, 2009
Headquartered in Shanghai, the company has established regional sales offices in major cities in China, and signed up premium brand advertisers such as Unilever, L'Oreal Group, Diageo, HP, Nike, China Telecom, etc. AdChina's AdTarget service has been adopted by a growing list of media agencies including MindShare, Ogilvy, OMD, ZenithOptimedia, etc. (PR Newswire)
Industry Leader Anne Davis Joins Digitas UK Jul 16, 2009
She joins from OgilvyOne Singapore where she was regional Digital Director for Asia Pacific and responsible for running the Unilever, Cisco, and Diageo businesses. As an experienced global client leader, she will play a critical role in growing multi-national client relationships across EMEA and APAC.. (PR Newswire)
'Listen to people' call to Diageo Jul 15, 2009
Listen to people' call to Diageo. Diageo plans to close its Port Dundas distillery with the loss of up to 200 jobs ... Whisky company Diageo must "listen to the people" and ditch plans to axe 900 jobs, Finance Secretary John Swinney has said. (BBC News -- UK)
Read the Cost of Freedom recap Jul 14, 2009
NEIL WEINBERG: DIAGEO ( ). JACK GAGE: RAYTHEON ( ). (Fox News)
Patagonias Founder on Why Theres No Such Thing as Sustainability Jul 14, 2009
Only three members of One Percent are parts of major public corporations (Sony, Diageo, and Volcom). Is that because of quarterly pressure. (FastCompany)
Diageo Implores Governor Quinn to Veto Proposed Alcohol Tax Increases Jul 12, 2009
July 10 /PRNewswire-FirstCall/ -- Diageo (NYSE: ), the world's leading spirits, wine and beer company, which has over 400 Illinois-based employees, is urging Governor Quinn to veto a proposal that calls for an 90% tax increase on spirits and wine, and a 25% tax increase on beer in light of a new study that found Illinois has grossly underestimated the revenue a new tax on video gaming will bring into the state ... "Governor Quinn has an opportunity to protect the jobs of hardworking citizens of... (PR Newswire)
F1 fans urged to back jobs fight Jul 12, 2009
Formula One fans have been urged to sign an online petition opposing Diageo's plans to cut hundreds of jobs ... Diageo plans to cut 900 jobs by closing the Johnnie Walker bottling plant in Kilmarnock and a distillery in Glasgow. (BBC News -- UK)
Directo Hispanic Opens New Dallas Office and Announces Roberto Bottger Joining the Team as Account Director & Yadira Pulles Joining the Team as Director of Planning & Communications Jul 10, 2009
Her experience includes working on brands such as Anheuser-Busch, Heineken, Miller, Diageo, Absolute and Casa Pedro Domecq. She specializes in integrated marketing programs and media partnerships. (PR Newswire)
Diageo Sheds New Light on Environmental Initiatives at Illinois Facility Jul 10, 2009
July 9 /PRNewswire-FirstCall/ -- In an ongoing effort to make environmentally friendly upgrades to its Plainfield, IL facility, Diageo (NYSE: ), the world's leading spirits, wine and beer company, is seeing significant energy savings from a lighting initiative that was completed last year in order to reduce kilowatt-hours (KWH) and carbon emissions (CO2) ... "We are committed to making continuous, long-term improvements and upgrades to our facilities in order to meet and exceed the environmental... (PR Newswire)
Diageo's DRINKiQ.com Honored as Most Outstanding Health & Wellness Site by International Academy of the Visual Arts Jul 8, 2009
Diageo's DRINKiQ.com Honored as Most Outstanding Health ess Site by International Academy of the Visual Arts ... Diageo's DRINKiQ.com Honored as Most Outstanding Health ess Site by International Academy of the Visual Arts ... July 7 /PRNewswire-FirstCall/ -- , Diageo's cutting edge responsible drinking web site, was presented with The Communicator Award as the Most Outstanding Health and Wellness web site by the International Academy of the Visual Arts. (PR Newswire)
Strike warning over Diageo cuts Jul 6, 2009
Diageo made a profit of 1 ... Union leaders have said they cannot rule out balloting for strike action in their fight against job cuts at drinks firm Diageo ... Diageo announced the job losses, of which 700 are based at the Johnnie Walker plant in Kilmarnock, last week. (BBC News -- UK)
Diageo Issues Statement Regarding the New Captain Morgan Rum Facility in the US Virgin Islands Jul 2, 2009
July 1 /PRNewswire-FirstCall/ -- Diageo, the world's leading spirits, beer and wine company is setting the record straight in light of a Bloomberg story that erroneously stated that Diageo received funds from the Troubled Assets Recovery Program (TARP). Diageo has never sought, and will not receive TARP funds ... The suggestion by Bloomberg that Diageo is receiving TARP funds is false ("Bailout of U.S. Banks Gives British Rum a $2.7 Billion Benefit... The $2.7 billion Diageo tax break in the... (PR Newswire)
UK Liquor Co. Got $2.7B of U.S. Bailout Jul 2, 2009
One of these was the British company, Diageo, the world's largest liquor distiller, which received $2 ... Diageo is using the windfall to move its production of Captain Morgan rum from Puerto Rico to St. Croix, in accordance with an agreement offered by U.S. Virgin islands Governor John deJongh Jr. ... While many U.S. lawmakers didnt know about the Diageo benefit when they voted for the bill, Puerto Rican officials did. (Newsmax)
Rs 12.5 lakh stipend at IIM-C Jul 2, 2009
Some of the marketing names include Plever, Diageo, Pepsi, Nestle and ITC. New firms on IIM campuses this year were Yahoo, Amazon, Provogue, DHL Logistics, Reebok, Century Ply and the Mahindra Group. Read business stories in. (India Times)
Heineken slows spending as recession dries up its leading beer market Jul 2, 2009
Heineken operates in the country through a joint venture with Diageo and Windhoek-based Namibia Breweries, called Brandhouse. Brandhouse sells Amstel Lager, Heineken, Guinness and Windhoek Lager locally. (Business Report, South Africa)
