Johnny Walker whisky, Smirnoff vodka, Guinness beer, Captain Morgan rum and Jose Cuervo tequila are among the brands of the world's biggest alcoholic drinks maker Diageo.
Guinness beer owner Diageo 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.
Fortune Brands Inc. posted better-than-expected earnings Friday as strength in the spirits and golf business largely offset the impact of the housing market downturn on the company's home products business.
Abraham Lincoln is often credited with saying, "It's not the years in your life that count, it's the life in your years." Whether it was Lincoln or some other sage who first uttered the maxim, it holds as true for mutual funds as it does for people. So while investors and financial advisors often seek out funds and managers with outstanding long-term records, it's worth keeping an eye on new offerings as well - and there are many to track. Financial firms have introduced more than 100 new funds so far this year, and about 500 in each of the past two years, according to research firm Morningstar.
Philip Yea has steered 3i to new heights since taking over as chief executive in 2004, overseeing a re-structuring of the British-based company that has seen it cast off the painful losses of the dotcom bust to re-establish itself as one of the smartest players in the private equity and venture capital market.
IN HIS OFFICE OVERLOOKING THE LEAFY Place des États-Unis in Paris, Patrick Ricard has hung landscapes of the Mediterranean region where he spent much of his boyhood and where his father founded the eponymous family pastis business in 1932. "They are," he says, "my little bit of Provence here in the city."
As natives of Mexico City, we have always been very proud of the food and spices of our country. Mexico has some of the best cuisine in the world, although many dishes are little known in the U.S. ...
Johnny Walker whisky, Smirnoff vodka, Guinness beer, Captain Morgan rum and Jose Cuervo tequila are among the brands of the world's biggest alcoholic drinks maker Diageo.
Guinness beer owner Diageo 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.
Fortune Brands Inc. posted better-than-expected earnings Friday as strength in the spirits and golf business largely offset the impact of the housing market downturn on the company's home products business.
Abraham Lincoln is often credited with saying, "It's not the years in your life that count, it's the life in your years." Whether it was Lincoln or some other sage who first uttered the maxim, it holds as true for mutual funds as it does for people. So while investors and financial advisors often seek out funds and managers with outstanding long-term records, it's worth keeping an eye on new offerings as well - and there are many to track. Financial firms have introduced more than 100 new funds so far this year, and about 500 in each of the past two years, according to research firm Morningstar.
Philip Yea has steered 3i to new heights since taking over as chief executive in 2004, overseeing a re-structuring of the British-based company that has seen it cast off the painful losses of the dotcom bust to re-establish itself as one of the smartest players in the private equity and venture capital market.
IN HIS OFFICE OVERLOOKING THE LEAFY Place des États-Unis in Paris, Patrick Ricard has hung landscapes of the Mediterranean region where he spent much of his boyhood and where his father founded the eponymous family pastis business in 1932. "They are," he says, "my little bit of Provence here in the city."
As natives of Mexico City, we have always been very proud of the food and spices of our country. Mexico has some of the best cuisine in the world, although many dishes are little known in the U.S. ...
The world's biggest alcoholic drinks group Diageo Plc has reported a slight fall in annual profits, but said it was set for a pickup in growth this year, led by price rises and cost cutting.
As a French and U.S. alliance of big beverage companies prepare a takeover offer for Britain's Allied Domecq PLC (AED), likely to be made next week, the world's biggest wine company is looking for a way to gin up a rival bid, say people familiar with the situation.
The world's biggest spirits firm, Diageo, reported a 4.8 percent decline in underlying pretax profit to £1.235 billion ($2.33bn) for the six months to December 31.
Australia's largest brewer, Foster's Group, has suspended its share buyback program following its Aust. $2.5 billion ($1.9 billion) takeover bid for the Southcorp wine group.
Winemaker Robert Mondavi Corp. is drawing interest from a number of new bidders, even as some leading companies in the sector say they aren't looking at joining the field of potential buyers, according to a published report.
Britain's Miles Tunnicliff defied strong winds on Friday to establish a runaway five-stroke lead after a four-under second round 68 at the Diageo Championship.
Nick O'Hern continued his double mission to claim his first European Tour title and a British Open place when he took a share of the lead in the storm affected first round at the Diageo Championship.
When "malternatives" bubbled onto the scene in 2001, beverage companies everywhere could almost taste the sweet opportunities. A new category sprang up nearly overnight: 87 million cases of the stu...
American investors tend to stick close to home. Sure, we're happy to spring for Italian suits and Belgian chocolates, but when it comes to investing, we buy local. That may be changing: According t...
Even the leading lights of the investing world couldn't beat back a brutal bear market. Still, half of last year's Ultimate Investment Club bested the S&P 500, and only two suggested portfolios of ...
For decades financial advisors and economists have counseled American investors to diversify abroad, largely in the belief that foreign markets moved independently of their U.S. counterparts. Placi...
Imagine earning 5% annual interest on a fixed-income investment--but unlike the highest-yielding CDs, this one requires only a two-year commitment. Sounds enticing, given the paltry rates money mar...
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