$DGE-GB News
Last published 1y ago
- 1y agoABI-BEDGE-GBHEIA-NLDEO+2Non-alcoholic beer to overtake ale as the second-largest beer category worldwide this yearCNBCMajor beer brands like Guinness, Budweiser and Heineken have rolled out non-alcoholic alternatives over the last five years.
- 3y agoDGE-GBHere's why Diddy is suing Diageo over his vodka and tequila brandsCNBCThe rapper and entrepreneur claimed that the company typecast his brands as "urban" and favored other celebrity brands like George Clooney's Casamigos.
- 4y agoABI-BEDGE-GBThese pandemic snacking and drinking habits are here to stay, candy and booze companies sayCNBCWith consumers staying home amid the pandemic, many shifted to new, pricier alcohol brands and bigger bags of candy, Beam Suntory and Mars Wrigley execs said.
- 4y agoSAMDGE-GBBeam Suntory CEO says 2021 sales rose 11%, as shift to high-end spirits pays offCNBCBeam Suntory's shift toward high-end spirits is paying off, driving sales up 11% in 2021 and allowing the company to raise prices to fight inflation.
- 4y agoMGMSTZDGE-GBTequila could overtake vodka as America's favorite liquor as sales boomCNBCTequila and mezcal was the second-fastest growing spirits category in 2021, according to the Distilled Spirits Council of the U.S.
- 4y agoDGE-GBABI-BEPremixed cocktails steal share from beer and hard seltzer, propelling surging growthCNBCPremixed cocktails were the fastest-growing spirits category in 2021, according to the Distilled Spirits Council of the U.S.
- 4y agoNFLXMMMIBMINTC+44Markets are expected to remain on edge as the Fed meets in the week aheadCNBCThe Federal Reserve's meeting trumps everything else for markets in the week ahead, as investors await any new clues on its plans to raise interest rates.
- 4y agoAAXONRPRXBRK.A+9Stocks making the biggest moves in the premarket: Rackspace Technology, Axon Enterprise, Royalty Pharma and moreCNBCThe stocks making the biggest moves in premarket trading include Rackspace Technology, Axon Enterprise, Royalty Pharma, and more.
- 5y agoSPCEXLRNMRKKMX+12Stocks making the biggest moves premarket: CarMax, McCormick, fuboTV, Merck and moreCNBCThese are the stocks posting the largest moves before the bell.
- 5y agoURW-NLBPYPMPTONAAPL+3Lower Manhattan turned into a 24/7 community after 9/11. Midtown NYC could heed this lesson post-pandemic.CNBCThe residential population in downtown NYC has more than doubled since the 9/11 attacks. Real estate developers say the pandemic won't derail that progress.
- 5y agoSTZDGE-GBConstellation Brands invests in Bryan Cranston and Aaron Paul's mezcalCNBCCorona brewer Constellation Brands announced Thursday that it has taken a minority stake in Dos Hombres.
- 5y agoDGE-GBABI-BEDiageo becomes first spirits company to sign sponsorship deal with NFLCNBCSmirnoff Vodka owner Diageo has signed a multiyear deal with the NFL to become the league's first spirits sponsor.
- 5y agoABI-BEDGE-GB2587.T-JPHard seltzer's popularity propels the rise of another summer drink—the canned cocktailCNBCBetween 2019 and 2020, the pre-mixed cocktail category grew by 50% in the United States, according to industry tracker IWSR.
- 5y agoAMZNWENFUBOWWW+9Stocks making the biggest moves in the premarket: Wendy's, fuboTV, Vizio, Lemonade & moreCNBCThe stocks making the biggest moves in premarket trading include Wendy's, fuboTV, Vizio, Lemonade, and more.
- 5y agoABI-BEDGE-GBTAPJim Beam distiller puts $1 billion behind sustainability, diversity, responsible drinking plansCNBC"The environment is shifting around us and we need to be consumer led in everything we do," Beam Suntory CEO Albert Baladi told CNBC.
- 6y agoDGE-GBBritain's oldest brewer installs automated tech to cut electricity useCNBCThe system was installed last week using a crane.
- 6y agoKOSJMDGE-GBHPE+11It turns out Zuckerberg was right that ad boycotts won't hurt Facebook that much financiallyCNBCMajor corporations including Coca-Cola, J.M. Smucker Company, Diageo, Mars, HP and CVS Health will continue pausing on Facebook after the official end of a major advertiser boycott of the platform, but others are returning.
- 6y agoEPCVNOFBEMR+13Stocks making the biggest moves in the premarket: Twitter, Alphabet, Regeneron, Sony & moreCNBCThe stocks making the biggest moves in premarket trading include Twitter, Alphabet, Regeneron, Sony, and more.
- 6y agoFBVZULVR-GBKO+2Lindsey Graham's challenger spends millions on Facebook ads in South Carolina Senate raceCNBCDemocrat Jaime Harrison has spent over $2 million in the past three months in an effort to unseat Sen. Lindsey Graham in South Carolina.
- 6y agoPEPPGDGE-GBFBThe CEO of a major advertising trade group says the Facebook boycott is a turning pointCNBCWorld Federation of Advertisers CEO Stephan Loerke believes the slew of big brands publicly pausing social media advertising aren't likely to come back until real change is made. "We moved from brand safety to, I think, societal safety."
- 6y agoDGE-GBTEAMSurrounded by trees and with 1,200 solar panels, this Norwegian building could change how we think about factoriesCNBCThe buildings that produce the goods we use every single day are changing.
- 6y agoGILDICPTSBUXKO+17Stocks making the biggest moves in the premarket: Gilead Sciences, Starbucks, BP, Coty & moreCNBCThe stocks making the biggest moves in premarket trading include Gilead Sciences, Starbucks, BP, Coty, and more.
- 6y agoDGE-GBCOKETWTRDiageo will pause ad spend on major social media platformsCNBCSpirits giant Diageo said Saturday it will be pausing paid advertising globally on "major social media platforms" beginning in July.
- 6y agoABI-BETAPRI-FRDGE-GBMemorial Day alcohol sales likely to surge, helping a suffering industryCNBCAcross beer, wine and spirits, a shift in consumer preferences toward familiar brands is reversing the trend of embracing local craft producers.
- 6y agoSBUXCOSTDISANTM+15Stocks making the biggest moves in the premarket: Starbucks, Costco, Disney, Anthem & moreCNBCThe stocks making the biggest moves in premarket trading include Starbucks, Costco, Disney, Anthem, and more.
- 6y agoABI-BEDGE-GBBF.BCraft distillers and brewers making sanitizer are lobbying Congress and FDA to keep producingCNBCDistillers and brewers have launched efforts to donate or sell at cost the alcohol needed to make sanitizer under the World Health Organization guidelines. But these efforts face two hurdles that the industry is working to resolve.
- 6y agoABI-BEDGE-GBAB InBev sees a 10% hit to its first-quarter profit from coronavirusCNBCAnheuser-Busch InBev forecast a 10% decline in its first-quarter profit after a weaker-than-expected finish to 2019, as the world's largest beer maker expects the coronavirus outbreak to dent its earnings.
- 6y agoRIO-GBDGE-GBCoronavirus live updates: Toyota warns of supply chain disruption, Greece confirms first caseCNBCAs of Wednesday, more than 81,000 cases of coronavirus have been reported, resulting in at least 2,764 deaths.
- 6y agoDGE-GBDiageo warns coronavirus could dent 2020 profit by $260 millionCNBCDiageo, the world's biggest spirits company, said on Wednesday the spread of coronavirus in greater China and the Asia Pacific region could knock up to $260 million off its profit in 2020.