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Diageo plc Cut to "Sell" at Zacks

2015-11-15 02:47:59| Beverages - Topix.net

According to Zacks, "Diageo's fiscal 2015 earnings declined 7.6% year over year due to unfavorable foreign currency exchange and lower income from joint ventures and acquisitions. Net sales were flat year over year as sales gains in Africa and Corporate were offset by decline in Latin America and Caribbean, Europe and Asia Pacific.

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