Goldman Just Can’t Stop Raising Its Target on This Liquor Maker

Goldman Just Can’t Stop Raising Its Target on This Liquor Maker   Source: Bloomberg News November 14, 2017   Kweichow Moutai Co., the manufacturer of an expensive liquor popular in China, has a fan in Goldman Sachs Group Inc.   Goldman has raised its target price for the Shanghai-listed company 11 times this year. In […]

UK Supreme Court backs minimum unit pricing for alcohol in Scotland

UK Supreme Court backs minimum unit pricing for alcohol in Scotland   Source: beveragedaily.com November 15, 2017   In 2012 the Scottish Parliament passed legislation to introduce a minimum unit pricing for alcohol, as part of its efforts to improve public health, but the move was challenged by drinks associations and the case has been […]

WILL COCA-COLA MAKE A MOVE INTO ALCOHOL?

WILL COCA-COLA MAKE A MOVE INTO ALCOHOL?   Source: the drinks business by Phoebe French 15th November, 2017   An analyst from financial services company Wells Fargo has speculated that drinks giant Coca-Cola may announce plans to move into the alcoholic beverages market at its investor day on Thursday.   Wells Fargo has announced that […]