Sharemaestro Newsreel

European Stocks Close Mixed in Tuesday Trading as US-Iran Talks Falter Again

The European stock markets closed mixed in Tuesday trading as another potential deal between the US and Iran to reopen the Strait of Hormuz falters.The Stoxx Europe edged 0.1% higher, Germany's DAX gained 0.3%, the FTSE 100 was off 0.2%, France's CAC dropped 0.1%, …

European Equities Traded in the US as American Depositary Receipts Rise in Tuesday Trading

European equities traded in the US as American depositary receipts were tracking higher late Tuesday PREMIUM Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles. Upgrade Already have …

Brown-Forman Corporation (BF-B) Says No to Sazerac’s $15 Billion Takeover Bid, Again

Brown-Forman Corporation (NYSE:BF-B) rejected a renewed $15 billion takeover bid from privately held spirits company Sazerac, calling the offer "not actionable." Sazerac's proposal, an all-cash offer of $32 a share, represents roughly a 23% premium to Brown-Forman's recent closing price, though the company's actual …

REG - Diageo PLC - Director/PDMR Shareholding

Diageo PLC announced director/PDMR shareholdings related to transactions made on August 10, 2026, under its 2001 Share Incentive Plan. Several members of the Executive Committee, including Dayalan Nayager, Randall Ingber, Ewan Andrew, Dan Mobley, and CFO Nik Jhangiani, purchased partnership shares and received matching …

Diageo Share Price: Fiscal 2026 Results

Diageo announced fiscal 2026 net sales of $19.6 billion, alongside a new $1 billion cost-savings plan and a $1.2 billion restructuring program under CEO Dave Lewis, causing its shares to rise. While the company guided for flat organic sales growth in fiscal 2027 and …

Brown-Forman Corp. Cl B stock outperforms competitors despite losses on the day

Shares of Brown-Forman Corp. Cl B (BF.B) fell 1.16% on Monday to $28.19, despite outperforming the broader market indices, which also saw losses. The S&P 500 Index dropped 0.06% and the Dow Jones Industrial Average fell 0.11%. The stock is currently 11.69% below its …

Sector Update: Consumer Stocks Softer Monday Afternoon

Consumer stocks were lower Monday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) decreasing 0.3% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) shedding 0.5%.In corporate news, GameStop (GME) Chief Executive Ryan Cohen is Silver Upgrade to …

Indian Regulator Confiscates Diageo Liquor Bottles Over Packaging Safety Concerns

An Indian regulator has confiscated liquor bottles from Diageo due to concerns over packaging safety. This action follows previous warnings to Diageo by Indian authorities regarding misleading claims about whisky aging. The event highlights ongoing scrutiny of product standards and advertising practices for alcoholic …

Kultura Beverage Group Expands Executive Leadership Team with Appointment of Beverage Industry Veteran Cathy Popick

Former Constellation Brands, Diageo and Coors Executive Named Executive Vice President, Commercial Strategy, Bringing More Than Three Decades of Beverage Alcohol Leadership, National Account Expertise and Brand-Building Experience JACKSON, WY / ACCESS Newswire / August 10, 2026 / Kultura Beverage Group (OTCID:LTNC) ("Kultura" or …

TD Cowen raises Diageo stock price target on recovery roadmap

TD Cowen has increased its price target for Diageo PLC (NYSE:DEO) shares to GBP20.40 from GBP17.50, maintaining a Buy rating, following the spirits maker's Capital Markets Day. The firm believes Diageo's updated roadmap signals improved growth potential through self-help initiatives, even amid subdued U.S. …

1 Unpopular Stock That Deserves a Second Chance and 2 That Underwhelm

1 Unpopular Stock That Deserves a Second Chance and 2 That Underwhelm Wall Street has issued downbeat forecasts for the stocks in this article. These predictions are rare - financial institutions typically hesitate to say bad things about a company because it can jeopardize …

Brokers split on Diageo as Jefferies lifts target to 2,200p and UBS stays on the sidelines

Brokers are divided on Diageo's prospects following its capital markets day. Jefferies raised its price target to 2,200p, citing a credible plan and potential for mid-single-digit profit growth and future share buybacks. UBS maintained a 'neutral' rating and a 1,600p target, expressing skepticism about …

Up 11% in just a week! Is Diageo’s share price finally getting its fizz back?

Diageo's share price has risen 11% in the last week, prompting speculation of a rebound despite continued sales struggles. The company, under new CEO Dave Lewis, is implementing an ambitious turnaround strategy focusing on cost savings, dividend cuts, and a revitalized product portfolio to …

Diageo plc : UBS sticks Neutral

UBS has reaffirmed its "Neutral" rating for Diageo plc, maintaining a target price of GBX 1600. The report notes that European stocks closed mixed, with India's regulator confiscating Diageo liquor bottles over packaging safety concerns. The article also provides an overview of Diageo's company …

Weekly Recap: Multi-year restructuring and North America outlook

Diageo plc (DGE) is initiating a multi-year restructuring program aiming for $1 billion in savings and anticipating $1.2 billion in charges, along with divestments and headcount reductions. The company is also preparing for leadership changes in Asia-Pacific, while facing challenges from North America weakness …

Top global stories this week: BP, SoftBank among notable names

US stock indexes ended the week higher supported by a rally in mega-cap technology stocks, a rebound in Treasury securities and robust corporate earnings. By the end of the week, geopolitical tensions involving Iran pushed crude oil prices toward $78 per barrel, raising fears …

Brown Forman (BF.B) Rebounds, Is It Still Above Fair Value?

Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide. Brown-Forman (BF.B) has drawn investor attention after its latest share price move, with the stock recently closing at $28.52. The company's returns over …

Brown Forman (BF.B) Stock May Be 26% Undervalued Despite Fair Earnings

Find your next quality investment with Simply Wall St's easy and powerful screener, trusted by over 7 million individual investors worldwide. Brown-Forman stock has fallen sharply over the past three years, yet the current valuation signals are mixed, with the Discounted Cash Flow (DCF) …

Why Aurora Cannabis Looks Cheaper Than Its International Growth Suggests – Quarterly Update Report

Download the Complete Report Here Aurora Cannabis Inc. (ACB) International Medical Growth Absorbs Much of Canadian Pricing Reset; Safari and Germany Momentum Strengthen the Medium-Term Growth Outlook. Attractively Valued. Key Takeaways: International medical cannabis revenue increased 17% to C$43.3 million in 1Q FY27, reinforcing …

Diageo plc Stock 12‑Month Price Target Raised to $104.35, Implies 12% Upside

The average 12-month price target for Diageo plc stock has increased to $104.35 from $103.59, based on estimates from 20 analysts. This updated target suggests a potential upside of approximately 12% from its August 6 closing price. The consensus rating from 23 analysts remains …

DIAGEO PLC To Go Ex-Dividend On October 15th, 2026 With 0.6 USD Dividend Per Share

DIAGEO PLC is set to go ex-dividend on October 15th, 2026. The company plans to distribute a dividend of 0.6 USD per share to its shareholders. This announcement provides key information for investors regarding the upcoming dividend payment.

Innovation Beverage Group Ltd (IBG) Earnings Forecast: Future EPS & Revenue Growth Estimates

This article provides an earnings forecast for Innovation Beverage Group Ltd (IBG), detailing its current stock price, market capitalization, and analyst ratings. Based on zero analysts, the target price is USD 4.00, representing a potential upside of +566.44%. The article highlights a lack of …

Diageo climbs Friday, outperforms market

Diageo PLC (DGE) shares increased by 3.32% to £17.90 on Friday, outperforming the FTSE 100 Index. The rise occurred on an overall positive trading day for the stock market, with the FTSE 100 gaining 0.31%. Despite the Friday climb, Diageo PLC closed 16.43% below …

Citi says Diageo's earnings downgrade cycle is finally over

Citi has indicated that Diageo PLC's period of earnings disappointments has concluded, raising its earnings per share forecasts for 2027 and 2028. The bank noted that Diageo has accurately identified its issues and is implementing sensible actions to improve growth, such as brand laddering, …

Diageo PLC Stock (DEO) Moved Up by 5.04% on Aug 6: What Investors Need To Know

Diageo PLC (DEO) stock increased by 5.04% on August 6, outperforming the Food & Beverages sector. This rise is attributed to strong performance in premium spirits, normalized inventory levels, strategic pricing, and supply chain optimizations. The company reported $20.25 billion in annual revenue, and …

Diageo PLC (DEO) (FY 2026) Earnings Call Highlights: Mixed Results with Strong Cash Flow and ...

Diageo PLC (DEO) reported mixed results for FY 2026, showing strong free cash flow and improved leverage while facing challenges in North America and Asia Pacific. The company achieved significant cost savings through its "accelerate" program and reduced debt, but experienced organic sales declines …

Diageo (NYSE: DEO) targets $1B savings and $8B cash flow to fiscal 2029

Diageo announced a turnaround strategy aiming for $1 billion in savings by fiscal 2029 through operating framework redesign and supply chain initiatives, with estimated restructuring costs of $1.2 billion. The company projects broadly flat organic net sales for fiscal 2027, with North America sales …

Diageo (NYSE: DEO) takes $1.5B hit but lifts free cash flow and plans $850M savings

Diageo sets out $1bn savings plan

Diageo announced a plan to achieve $1 billion in savings over the next three years, primarily through a redesign of its operating framework and supply chain initiatives. This announcement accompanies a forecast of "broadly flat organic net sales growth" for its 2026/27 financial year, …

Diageo jumps as CEO Lewis maps out America turnaround and $8bn cash target

Diageo shares rose after CEO Dave Lewis outlined a new strategy to restore competitiveness in North America and achieve $8 billion in free cash flow over the next three years. The company reported higher underlying profit despite a 2% organic net sales decline, with …

Earnings call transcript: Diageo H2 2026 shares cost gains, sales pressure

Diageo Expects Flat Growth as New CEO Sets Out Turnaround Plan

Diageo's new CEO, Dave Lewis, is implementing a turnaround plan focused on cost cuts and promoting more affordable brands to return the British distiller to growth. The company aims to achieve $1 billion in savings over three years. This strategy marks a shift from …

Brown-Forman Corporation (BF-B) Stock Price, News, Quote & History

This Yahoo Finance page provides comprehensive financial data for Brown-Forman Corporation (BF-B), including its current stock price, historical performance, and key financial metrics. It details the company's dividend information, analyst ratings, and comparative data with other beverage companies. The profile also outlines Brown-Forman's product …