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Diageo Plc

Morningstar analyst names 2 stocks to buy even though they remain under the radar

The luxury sector has had a rough few months. Sales of big-name companies like LVMH and Burberry have been hit by a drop in spending on luxury goods. But one analyst is bullish on lesser-known names in a segment adjacent…

Diageo’s Kenyan subsidiary describes report on Tusker beer sales as “market speculation”

NAIROBI (Reuters) – East African Breweries (EABL), the Kenyan subsidiary of Diageo Plc, on Friday rejected a media report that its parent company was planning to sell the Tusker beer brand as part of extensive cost-cutting measures. The US news…