U.S. stock futures were higher this morning, with the Dow futures gaining more than 100 points on Friday.Shares of United States Steel Corporation X fell sharply in today's pre-market trading.This decline comes as President Joe Biden is poised to block the proposed acquisition by Nippon Steel NPSCY, potentially as soon as Friday, Reuters reported, citing a source familiar with the matter.United States Steel shares dipped 7.3% to $30.23 in the pre-market trading session.Here are some other stocks moving lowe ...

More than 15 years of professional investment experience in global equities across all sectors. My investment style is fundamental, bottom-up, long-term, and quality growth-oriented. I am seeking companies specializing in niche markets, with strong growth potential, a solid management team, a sound capital allocation policy, and, most importantly, reasonable valuation. I do not chase quarterly results, nor do I follow the herd mentality. I do not use short-term stock performance as the measure of a company' ...

A continuation of the 'We Are the Spirit of the 200%' Campaign, Buchanan's 'Más Noches Buenas' campaign, featuring Marcello Hernández, invites fans to embrace the 200% holiday spirit with a series of festive events, digital content and funding opportunities for those who bring more to our tables to share in the spirit they help create.NEW YORK, Dec. 4, 2024 /PRNewswire/ -- On Giving Tuesday, Buchanan's Scotch Whisky Buchanan's Scotch Whisky announced the "Más Noches Buenas" campaign, inviting fans to embrac ...

Unveiled during National Impaired Driving Prevention Month, the new campaign encourages football fans to make responsible choices and plan to never drive impairedNEW YORK, Dec. 2, 2024 /PRNewswire/ -- Premium drinks company Diageo North America, Mothers Against Drunk Driving (MADD), the National Football League (NFL), and Uber Technologies, Inc. join forces in a unique partnership to launch "Take a Minute. Make a Plan." Football games provide fans with unforgettable moments of celebration, but planning to n ...

Celebrating the power of community and opening the space for bold spirits to create and inspire together.NEW YORK, Nov. 20, 2024 /PRNewswire/ -- Today, DELEÓN Tequila is launching its new campaign "Bold Spirits, Rise" celebrating those who embrace their creative drive (or spirit) and inspire others to do the same. Through the "Bold Spirits, Rise" platform, DELEÓN will open doors – giving rising talent a space to connect, collaborate, and showcase their creativity on the main stage through music and dance. W ...

If there's one group of people that could use a drink, it's Diageo plc's (NYSE: DEO ) investors, who have seen the alcohol giant's shares plummet in a year that the market is up about 25%.I aim to invest in companies with perfect qualitative attributes, buy them at an attractive price based on fundamentals, and hold them forever. I hope to publish articles covering such companies approximately 3 times per week, with extensive quarterly follow-ups and constant updates.I manage a concentrated portfolio target ...

Diageo plc (NYSE: DEO )( OTCPK:DGEAF ) strongly focuses on the spirit category. While the thesis is that there should be a long-term trend towards more premium and metropolitan alcohol consumption, particularly in the West, it is expected toBuy-side hedge professionals conducting fundamental, income oriented, long term analysis across sectors globally in developed markets. Please shoot us a message or leave a comment to discuss ideas.DISCLOSURE: All of our articles are a matter of opinion, informed as they ...

Core Viewpoint - Diageo's stock has declined 8% over the past month, underperforming the beverage industry and the S&P 500, reflecting both macroeconomic challenges and company-specific issues [1] Company Performance - The current stock price of Diageo is $124.21, close to its 52-week low of $119.48, leading to investor uncertainty about whether to hold or sell [2] - Diageo's stock has fallen below critical technical thresholds, including the 50 and 200-day moving averages, raising concerns about its short-term outlook [3] Industry Challenges - Fiscal 2024 has been difficult for the beverage industry, with Diageo facing challenges particularly in the Latin America and Caribbean regions, notably in Mexico due to intense competition and consumer downtrading [4] - The North America segment has seen a decline in organic net sales due to a cautious consumer environment and adjustments in retailer inventories, contributing to a 3.5% drop in group organic volume [5] Cost Pressures - Diageo is experiencing significant inflationary pressures from rising commodity costs, including agave and energy expenses, alongside supply-chain disruptions [6] Valuation Metrics - Diageo's forward 12-month price-to-earnings ratio is 17.9X, higher than the industry's 16.41X, indicating that investors may be paying a premium relative to expected earnings growth [7] Earnings Estimates - The Zacks Consensus Estimate for Diageo's EPS has been revised downward, with current and next fiscal year estimates decreasing by 1.3% to $6.88 and 1.8% to $7.06 per share, respectively [9] Strategic Outlook - Despite current challenges, Diageo is focused on investing in its brand portfolio and operational excellence strategies to capitalize on future growth opportunities [9][10] - The company aims for organic sales growth of 5-7% and operating profit growth in line with net sales growth for fiscal 2023-2025 [10] Financial Health - Diageo reported strong operating cash flow of $4.1 billion, a year-over-year increase of $469 million, and free cash flow of $2.6 billion, up $374 million from the previous year [11] - The company raised its full-year dividend by 5% to 103.48 cents per share, reflecting confidence in its financial health [12]

The actor steps into next role as the steward of exceptional holiday moments in an exclusive collaboration with the iconic vodka brand NEW YORK, Oct. 30, 2024 /PRNewswire/ -- Known for toasting moments of celebration and making occasions remarkable, Ketel One Family Made Vodka is excited to announce actor and entrepreneur, Patrick Schwarzenegger as the brand's very first "Spirit Advisor," this holiday season. Through a multi-platform campaign including engaging social media content and exciting seasonal coc ...

Diageo's "Show Your HBCU Spirit" Initiative Announces Homecoming & Classic Activations and Continues its Ongoing Scholarship Distributions NEW YORK, Oct. 18, 2024 /PRNewswire/ -- Diageo North America continues to celebrate Historically Black Colleges and Universities (HBCUs) with unique and engaging activations at Homecomings and Classics throughout the 2024 fall season. Together with its brands Casamigos, Crown Royal and Guinness, Diageo is honoring HBCU culture and the longstanding traditions of Homecomin ...