Diageo uses HSBC to see improved results

Diageo logo on their head office in Budapest.  Diageo is a British multinational company for the production of alcoholic beverages


HSBC cuts valuations for Diageo plc (NYSE:DEO) after accounting for weaker-than-expected results from North America, but maintained a Buy rating. In the first half of the fiscal year, sales in North America rose 3% with volumes down 4%.

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