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Diageo, Terry Smith
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.
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.
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.
3h
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 ...
19h
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 ...
1d
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 ...
10h
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 ...
7d
Diageo Stock: Dividend Aristocrat At A Discount
Diageo targets $2 billion in savings, enhancing earnings growth. Find out why DEO stock’s 33% upside and solid fundamentals ...
12d
on MSN
Is Diageo plc (DEO) Among Warren Buffett’s New Stock Picks?
We recently published a list of Warren Buffett’s 10 New Stock Picks. In this article, we are going to take a look at where ...
2d
Diageo price target raised to $129 from $124 at TD Cowen
TD Cowen raised the firm’s price target on Diageo (DEO) to $129 from $124 and keeps a Hold rating on the shares. The firm believes 2025 is ...
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 ...
9d
on MSN
Is Diageo plc (DEO) the Best Brewery Stock to Buy According to Hedge Funds?
We recently published a list of 12 Best Brewery Stocks to Buy According to Hedge Funds. In this article, we are going to take ...
7h
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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