Drinks group Diageo posts rising first-half profits
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Diageo, the world's biggest maker of alcoholic drinks, said on Thursday that net profit advanced 8.9 percent in the first half of the group's financial year, boosted by performance abroad.
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NEW YORK Diageo, which spends approximately $170 million on U.S. advertising each year, is looking to shell out a measly $5,000 as compensation for a new "responsible drinking" campaign.
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Molson Coors Brewing Co.   said on Thursday that quarterly net income rose, helped by higher pricing and volume growth.
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The smoothie giant serves up better-than-expected profits.
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Swatch Group AG said Tuesday that its first-half net profit rose 17 percent as a result of strong demand for the company's luxury products.
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Supermarket Morrisons says first half profits almost doubled, despite tough market conditions.
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Nestle, the world&#39;s biggest food and drink company, on Wednesday posted a first-half net profit of 2.84 billion Swiss francs ($2.28 billion), up 0.02 percent on the year-earlier figure of 2.78 billion francs (then $2.03 billion).
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Diageo Plc, the world&#39;s biggest liquor company, raised $2.26 billion by selling 49.9 million shares of General Mills Inc., the No.
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Memory maker announces first half-yearly profit, too
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Investors are wowed by the firmâs first quarterly earnings report since it became a publicly-owned company, which showed sales and profit more than doubled in the third quarter.
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British drinks giant Diageo reported a small fall in annual headline profits before tax, which were crimped by the strength of sterling.
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Anglo-Dutch steelmaker Corus Group has unveiled the first profit in its five-year history for the first half of the year and says restructuring, strong demand and higher steel prices are keeping its outlook positive.
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The worldâs largest soft drink maker reported higher-than-expected quarterly profit on Wednesday, helped by higher sales, acquisitions and foreign exchange rates.
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Diageo, the world&#39;s biggest maker of alcoholic drinks, said on Thursday that group net profit slid by 22 percent in 2006/07 from its previous financial year as the company was hit by higher taxes.
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Corus Group Plc, the UK&#39;s biggest steelmaker, reported its first profit and said earnings will rise in the second half because of higher steel prices and cost cutting by Chief Executive Officer Philippe Varin.
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LONDON, October 5  - Diageo Plc (GUI.FSE) has raised $2.26 billion (â¬1.84 billion) from the sale of more than half of its stake in the US-based cereal maker, General Mills Inc.
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Diageo, the firm behind Guinness and Smirnoff, reports higher earnings, despite challenges in key markets.