Hints and tips:
...Neil Bradley, chief policy officer at the US Chamber of Commerce, said: “No one has identified anything that could be done right now which is not being done....
...Elliott Management is also flexing its activist muscles in France with stakes in drinks maker Pernod Ricard and the engineering consulting group Altran....
...Being pan-African has also helped Jumia sign partnerships with companies like Pernod Ricard, Mastercard and Xioami, the Chinese mobile phone maker, which would prefer to sign one big deal rather than individual...
...There’s a thousand full-year results updates from companies including Just Eat (miss), Coca-Cola HBC (beat) Nestle, Airbus, Pernod Ricard and ThyssenKrupp (all in line). .......
...The technology-focused private equity group Strattam Capital has hired Neil Willis from GTCR....
...Neil Walker, spokesperson for the Society of Independent Brewers, says brewers have also responded to the decline by producing more canned craft beer, a growth market, instead of bottles of lager....
...Neil Munshi is an FT reporter based in Chicago Photographs: Martine Fougeron; John Ricard...
...Neil Munshi EARNINGS Caterpillar Q 1$1.35 ($1.61)Dow Chemical Q1 $0.76 ($0.79)General Motors Q1 $0.96 ($0.29) Google Q1 $6.63 ($6.27)KKR & Co Q1 $0.55 ($0.82)Microsoft Q3 $0.51 ($0.68)PepsiCo Q1 $0.79 (...
...French rival Pernod Ricard fell 3.1 per cent in response, while brewers, Heineken and InBev shed 1 per cent to €51.25 and 1.1 per cent to €78.08 respectively....
...While profits at rival Pernod Ricard, distiller of Absolut vodka and Chivas Regal Scotch, fell for the first time since 2008....
...Shares in beverages producer Pernod Ricard fell 1.9 per cent to €89 after it reported full-year sales growth below market expectations as the slowdown in China took its toll....
...Drinks group Pernod Ricard added 5 per cent to €66.70....
...Pernod Ricard, Constellation Brands and Brown Foreman are all likely to be interested in acquiring what is the world’s fourth largest spirits business....
...However, investors also noted that Invesco Perpetual fund manager Neil Woodford had recently sold his stake in Northumbrian because of regulatory concerns....
...That followed Pernod Ricard, its French rival, warning of further deterioration in consumer markets and wholesaler destocking....
...Among the fallers, Diageo slipped 1.1 per cent to 843½p after French peer Pernod Ricard said it was too early to talk about a recovery in the global spirits market....
..., Diageo bounced 0.5 per cent to 776p to reverse some of its recent underperformance, even though Natexis had cut forecasts for the Guinness brewer in the wake of a profit warning last week from Pernod Ricard...
...Imperial Tobacco and British American Tobacco remain two top holdings in Invesco Perpetual’s Income and High Income funds managed by Neil Woodford....
...Beverage groups also experienced some Christmas cheer, with Pernod Ricard advancing 7.1 per cent to €47.67 and Belgium’s InBev up 3.7 per cent to €14.05....
...Other beverage groups also fell, with France’s Pernod Ricard down 2.2 per cent to €61.11 and Carlsberg 0.9 per cent lower at DKr457....
...Now, aged 65 and thinking about handing over to the next generation, the former Pernod Ricard executive fears for the future....
...Pernod Ricard SA fell sharply after the French drinks maker won an auction to buy Vin & Sprit, the maker of Sweden’s Absolut Vodka....
...French beverage group Pernod Ricard extended its gains, rising 3.7 per cent to €73.09 as investors cheered its €5.6bn acquisition of Absolut vodka maker Vin & Sprit....
...French spirits maker Pernod Ricard gained 10.7 per cent to €70.76 after beating expectations with a 9.1 per cent rise in second-quarter like-for-like sales, and raising its outlook for full-year profits....
...Pernod Ricard, the French drinks group, fell 4.6 per cent to €149.40 after reporting lower than expected interim profits, due partly to unfavourable currency movements....
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