Hints and tips:
...Diageo’s new chief executive Debra Crew has taken up the position a month earlier than expected after the company said outgoing leader Sir Ivan Menezes was in hospital recovering from emergency surgery....
...Diageo chief executive Debra Crew said at the CAGNY conference of consumer analysts in Miami last month that prices would “normalise to one to two points of growth in line with historical pre-Covid levels...
...Net income jumped 201 per cent to $14bn, beating consensus estimates of $13bn compiled by S&P Capital IQ....
...Today, food provides twice the sales, according to data from S&P Capital....
...Debra Crew, who previously ran Diageo’s North America operations has now started in the role....
...After 10 years as bar captain, Sir Ivan Menezes will hand the keys to Debra Crew, currently chief operating officer....
...The company is set to make nearly $1.8bn in operating revenue this year, according to S&P Global estimates....
...The UAE connection While Portuguese authorities have not fully detailed the allegations against Pereira, rating agency S&P this week wrote that it understood Altice’s suppliers “may have been forced to...
...Unilever also sounded out Diageo’s chief operating officer Debra Crew and several senior managers at leading US-based rivals....
...Net income in the third quarter fell 52 per cent to $4.4bn, below consensus estimates for $5bn, according to S&P Capital IQ....
...CNN already sells ads at higher rates per viewer than Fox News or MSNBC, according to S&P Global Market Intelligence. Licht is betting on his editorial strategy reinforcing that advantage....
...Failure to gain scale As a young entrepreneur in France in the early 1990s, Drahi set up a business laying cable lines for TV and flipped his company in Paris to John Malone, the US media mogul he reveres...
...Trian used a $3.5bn stake in P&G to successfully lobby for Peltz’s appointment to the board, where he pushed for reorganisation designed to cut through what he called the company’s “suffocating bureaucracy...
...Net losses shrunk to $200m from $227m, less than consensus estimates compiled by S&P Capital IQ, which suggested they would widen to $269m....
...Any deal could help Liberty cut its high debt load, which has earned it a junk credit rating from S&P Global....
...The world’s biggest drinks company in 2014 teamed up with P Diddy in a 50-50 joint venture to buy DeLeón tequila, having already struck a $100m deal with the US rap star to market Cîroc vodka in the US....
...Mr Diller, 78, launched the Fox television network for Rupert Murdoch and had a long if occasionally tortuous business relationship with John Malone’s Liberty Media cable empire, before focusing most of...
...“Advertisers say they are concerned about Facebook’s many problems, but that concern hasn’t led to a drop in ad spending,” Debra Aho Williamson, principal analyst at research firm eMarketer, wrote in a note...
...“In order for Facebook to move forward, it needs to show that its daily and monthly active user counts in the US and Canada and in Europe have stabilised,” said Debra Aho Williamson, principal analyst at...
...One dollar invested with the company 20 years ago would be worth $1.19 today, the fund claimed, compared with $4.06 invested in the S&P 500 and $4.37 in the S&P 500 Consumer Staples index....
...(Quartz) The upper crust The median pay for a chief executive of an S&P 500 company in 2017: $12.1m. Most received raises of nearly 10 per cent or more last year....
...Estée Lauder’s shares have outperformed the S&P 500 Personal Products index by 300 per cent and French rival L’Oréal by 165 per cent over the same period....
...Revenues rose 7.6 per cent to $7bn, ahead of the $6.8bn analysts were expecting, according to S&P Global Market Intelligence....
...(Read our 2015 piece on Altice’s playbook and how Drahi’s strategy relies heavily on the methods of billionaire cable cowboy John Malone). Now what?...
...In the second, the FT reveals that the royal court is negotiating deals with princes to secure their release (FT, FT) News Roundup P&G deadlock in board seat battle with Peltz (FT) Rockwell shares pop...
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