Diageo Share News (DGE)

East Africa currency woes hurt Diageo's full-year sales volumes

LONDON, Aug 1 (Reuters) - Diageo's dip in annual sales volumes was largely related to its business in East Africa, where the world's biggest spirits maker raised prices to keep up with inflation and currency devaluations, its finance chief told Reuters.

Diageo sees some easing in costs after 'double-digits' surge

LONDON, Aug 1 (Reuters) - Diageo's cost inflation is starting to moderate after a "double-digits" surge in its last fiscal year, the maker of Guinness stout and Johnnie Walker whisky told Reuters on Tuesday, the latest consumer goods group to flag an easing in cost pressures.

TOP NEWS: Diageo annual sales, profit grow thanks to price increases

(Alliance News) - Diageo PLC on Tuesday increased its annual dividend as sales and profit grew on higher alcohol prices despite a decline in volumes sold.

Diageo serves up profit rise with more premium spirits in the mix

LONDON, Aug 1 (Reuters) - Tanqueray gin maker Diageo narrowly beat full-year earnings estimates on Tuesday as sales of its more expensive liquor brands offset lower volumes.

IN BRIEF: Unilever names Compass head as incoming chair

Unilever PLC - London-based consumer goods firm - Hires Ian Meakins to succeed incumbent Chair Nils Andersen, effective December 1. Andersen will step down at annual general meeting in May before Meakins joins board as non-executive director and chair designate on September 1.

UK earnings, trading statements calendar - next 7 days

LONDON BROKER RATINGS: Morgan Stanley cuts Diageo to 'underweight'

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

LONDON BRIEFING: Babcock profit hit by contract; new CEO at IDS

(Alliance News) - Stocks in London are expected to edge lower on Thursday, after Wednesday's outperformance following the cooler-than-expected UK inflation data.

British prime minister seeks to win back corporate confidence with new business council

LONDON, July 17 (Reuters) - British Prime Minister Rishi Sunak will hold the first meeting of his new business council on Tuesday, in a bid to support his pledge to grow the economy and fend off attempts by the opposition Labour Party to win over the business community.

LONDON BROKER RATINGS: Panmure likes Redde Northgate; Davy ups Moonpig

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

LONDON BRIEFING: Stocks called up; boohoo has concerns with Revolution

(Alliance News) - Stocks in London were called to open higher on Wednesday after surprisingly resilient economic data for the world's largest economy on Tuesday helped lift market mood.

Diageo ends business relationship with Sean 'Diddy' Combs

(Alliance News) - Spirits maker Diageo PLC has confirmed it is ending its relationship with Sean "Diddy" Combs, after the US rapper launched legal action against the UK-based firm and accused it of racism.

LONDON BROKER RATINGS: JPMorgan sees negative catalysts for Ocado

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning on Monday:

LONDON BROKER RATINGS: Goldman Sachs cuts Diageo to 'neutral'

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

LONDON BRIEFING: Stocks set lower after US Fed decision, ahead of ECB

(Alliance News) - Stocks in London were set to open lower on Thursday, after the US Federal Reserve paused its interest rate hikes but indicated that more will follow this year.