Diageo PLC (DGE.L)
26 Aug 2016
(The following statement was released by the rating agency) MOSCOW/MILAN/LONDON, August 02 (Fitch) Fitch Ratings-Moscow/Milan/London-2 August 2016: Fitch Ratings has revised Diageo plc's Outlook to Stable from Negative. Its Long-Term Issuer Default Rating (IDR) and senior unsecured rating have been affirmed at 'A-'/'F2' and its Short-Term IDR at 'F2'. Diageo's subsidiaries' (Diageo Finance BV, Diageo Finance plc, Diageo Capital plc and Diageo Investment Corporation) senior unsecured ratings
* Diageo CFO says it's important for company that UK continues to benefit from open access to EU
BRIEF-Diageo we are confident of achieving our objective of mid-single digit top line growth, and in three years ending f19 delivering 100bps of organic operating margin improvement."
* Board recommended a final dividend increase of 5% bringing full year dividend to 59.2 pence per share
* Anna Manz will leave at end of September and her successor will be subject of a future announcement
LONDON, July 4 Britain's Diageo, maker of Johnnie Walker whisky and Smirnoff vodka, has invested for the first time in a non-alcoholic spirits brand.
May 18 Spirits maker Diageo Plc said industry veteran Javier Ferrán, a partner at consumer-focused private equity firm Lion Capital, will succeed Franz Humer as chairman on Jan. 1.
May 18 Spirits maker Diageo Plc said SABMiller Plc director Javier Ferrán will succeed Franz Humer as chairman.
* Nick Blazquez is to leave Diageo in order to pursue new opportunities and challenges
NEW YORK Rapper Aubrey "Drake" Graham became the newest member of The Forbes Five club of hip-hop's wealthiest artists on Monday with a net worth of $60 million, according to Forbes.
** Diageo Plc may raise stake in the liquor maker to 72 pct from 54.78 pct, reports CNBC TV 18, citing unidentified sources