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Australian firm to buy Diageo wines
2015-10-14 07:54:21| BBC News | Business | UK Edition
One of the world's biggest publicly-listed winemakers, Australia's Treasury Wine Estates (TWE), has agreed to buy the majority of Diageo's wine businesses.
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australian
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Southwest Airlines Given Consensus Rating of "Buy" by Brokerages
2015-10-14 07:44:35| Airlines - Topix.net
Southwest Airlines has earned an average rating of "Buy" from the seventeen research firms that are covering the firm, Analyst Ratings.Net reports . Two investment analysts have rated the stock with a sell rating, two have issued a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company.
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southwest
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International Business Machines Corp. Raised to "Buy" at Vetr Inc.
2015-10-14 07:28:53| Semiconductors - Topix.net
The brokerage currently has a $157.67 price objective on the technology company's stock. Vetr 's target price suggests a potential upside of 5.38% from the company's current price.
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international
buy
Genesco Raised to "Buy" at Sterne Agee CRT
2015-10-14 05:26:47| Footwear - Topix.net
Genesco opened at 59.94 on Tuesday. The firm has a 50-day moving average price of $58.84 and a 200-day moving average price of $65.03.
Treasury Wine to buy bulk of Diageo's UK, U.S. wine assets for $552 million
2015-10-14 02:16:28| Beverages - Topix.net
The company said the purchase of brands including Sterling Vineyards, Yellow Tail, Blossom Hill and Piat d'Or as well as the Chateaux & Estate Wine business in the U.S. would immediately double its luxury and "masstige" - or mass prestige - net sales revenue in that country. The deal advances a turnaround plan under Chief Executive Officer Michael Clarke, brought in last year to rethink the company's growth strategy after a disastrous foray into the U.S. saw it destroy thousands of cases of unsold low-end wine.
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