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Diageo, Terry Smith
Terry Smith Sells Diageo Stock on Weight-Loss Drugs Fears
British fund manager Terry Smith has sold his stake in Diageo Plc, citing concerns about the management of the drinks company and its vulnerability to soaring demand for weight-loss drugs.
UK's Fundsmith says it shed Diageo over management issues, weight loss drugs
Britain's Terry Smith made public for the first time on Thursday why his fund dumped its Diageo stake last year, citing problems with its new management and early signs that weight loss drugs threatened the drinks sector.
Smith dumps Diageo stake over impact of weight-loss drugs on alcohol demand
Veteran investment manager Terry Smith has dumped his underperforming £22.5bn fund’s stake in Diageo after almost 15 years owing to concerns over the drinks maker’s new management team and the threat to demand posed by weight-loss drugs.
Fund star Terry Smith dumps stake in drinks giant Diageo as weight-loss jabs boom
In a letter to investors, Smith (pictured) said he had sold his Fundsmith Equity fund's shares in Diageo after holding the stock for almost 15 years.
12m
on MSN
India alleges Diageo, Sequoia Capital made suspicious payments to influence decisions
India's federal investigating agency has alleged that Diageo and Sequoia Capital made suspicious payments to a politician's ...
1h
Alcohol-Free Guinness Won’t Shield Diageo, Says Morgan Stanley
The popularity of alcohol-free Guinness won’t protect the shares of its owner Diageo Plc from the growing trend toward health ...
22h
Diageo rises Thursday, outperforms market
Diageo PLC DGE shares rallied 1.15% to £25.55 Thursday, on what proved to be an all-around great trading session for the ...
7h
India names Diageo, Sequoia Capital in case alleging suspicious payments
India's federal investigating agency has accused liquor giant Diageo and Sequoia Capital of making suspicious payments to a ...
2d
on MSN
Diageo plc (NYSE:DEO): An Undervalued Global Leader in Beverages Manufacturing
We came across a long thesis on Diageo plc (NYSE:DEO) on ValueInvestorsClub by Hal. In this article we will summarize the ...
14h
Kepler Capital Keeps Their Buy Rating on Diageo (DGEAF)
Kepler Capital analyst Richard Withagen maintained a Buy rating on Diageo (DGEAF – Research Report) on January 8 and set a price target of ...
Investment Week
3h
Fundsmith Equity fund sells long-term holdings in Diageo and Apple in 2024
Fundsmith Equity fund has sold out of its stakes in Diageo, McCormick and Apple, amid disappointment with the companies’ ...
1d
Diageo identifies 2025 socialising trends in new global report
Diageo, maker of Johnnie Walker, Don Julio Tequila and Guinness, has today unveiled its annual global trends report which reveals how and why consumers will socialise over the next year. Based on AI ...
1d
Diageo rises Wednesday, outperforms market
Diageo PLC DGE shares inched up 0.78% to £25.26 Wednesday, on what proved to be an all-around positive trading session for ...
10h
on MSN
Fourth case against Karti Chidambaram: CBI registers case for alleged relief to Diageo Scotland
This is the fourth case against Karti Chidambaram, apart from three other corruption cases of Aircel Maxis, Visa for Chinese ...
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