Your email has been successfully added to our mailing list.

×
0 0 0 0 -0.00514955626164127 -0.01117563273803 -0.00788868193272706 -0.00624520653007553
Stock impact report

Diageo ‘mulls future of China business' [Yahoo! Finance]

Diageo plc (DEO) 
US:NYSE Investor Relations: diageo.com/en/investors
Company Research Source: Yahoo! Finance
Citing unnamed sources, Bloomberg today (13 January) reported Diageo has hired Goldman Sachs and UBS to review its assets in China. The Johnnie Walker whisky owner has already tested the appetite of local peers and private-equity firms, Bloomberg said. Approached by Just Drinks , Diageo declined to comment. The UK group lists its “principal activities” in Greater China as “distilling [and] warehousing”, marketing Chinese whisky and white spirits. Diageo, which also sells some of its international brands in China, owns one distillery in the country and holds just over 63% of Sichuan Swellfun Co. In Diageo's last full financial year, which ran to 30 June, the company saw its sales volumes in Greater China rise 8.4% on an organic basis. Net sales fell 9% organically. In its annual report for the fiscal year, Diageo pointed to “challenging economic conditions” and said it had shifted its portfolio in China towards white spirits and lower-aged malts. The company said the move he Show less Read more
Impact Snapshot
Event Time:
DEO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for DEO alerts
Opt-in for
DEO alerts

from News Quantified
Opt-in for
DEO alerts

from News Quantified