CEO Dave Lewis has directed management to cut their teams by 20% to 30%, according to Reuters. The dramatic cuts ordered by “Drastic Dave” were anticipated by some when he took the CEO job in January ...

Whiskey distillers say their industry is so intertwined that U.S. tariffs will hurt producers on both sides of the Atlantic. By Eshe Nelson Diageo plans to close an Ontario factory, eliminating 200 ...

LONDON, UK / ACCESSWIRE / May 3, 2024 / Diageo plc ('Diageo') today announces that Nik Jhangiani will join the company as Chief Financial Officer, taking up the position and joining Diageo's Board and ...

Good morning and welcome to Diageo's F24 Preliminary Results Q&A Conference Call. Your call today will be hosted by Debra, Diageo's CEO, and Lavanya, Diageo's CFO. This conference is being recorded.

CNBC’s Jim Cramer explains why he is keeping an eye on shares of Diageo.

Dave Lewis earned the moniker “Drastic Dave” for the dramatic cost cuts he implemented when he was a top executive at Unilever Plc. He’ll need all of the most radical actions in his corporate toolbox ...

We recently published 12 Latest Stocks Jim Cramer Discussed. Diageo plc (NYSE:DEO) is one of the stocks Jim Cramer recently discussed. Diageo plc (NYSE:DEO)’s shares have lost 12% year-to-date but ...

Diageo cited weakness among U.S. consumers for underwhelming results. Management cut the dividend and lowered guidance. The first half dividend was cut by more than half, year over year. 10 stocks we ...

Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope ...

Good afternoon, everyone, and thank you very much again for joining us for this afternoon session. I'm very happy to have Nik Jhangiani here from Diageo joining us. So Nik, thank you for coming to the ...

Get all latest & breaking news on Diageo Plc. Watch videos, top stories and articles on Diageo Plc at moneycontrol.com.

Diageo PLC agrees to sell its Burger King business to investment consortium--Texas Pacific Group, Bain Capital and Goldman Sachs Capital Partners--for reduced price of $1.5 billion; price is about ...