Reuters: Hot Stocks: Diageo weighs on FTSE after Cuervo talks founder

Reuters: Hot Stocks Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Diageo weighs on FTSE after Cuervo talks founder Dec 11th 2012, 08:12 LONDON | Tue Dec 11, 2012 3:12am EST LONDON Dec 11 (Reuters) - Britain's blue-chip index edged lower on Tuesday, consolidating 9-month closing highs, with beverages group Diageo weighing after it called off long-running acquisition talks with Jose Cuervo. Shares in Diageo fell 1.2 percent on the news - bringing to a close its plan to buy the world's number 1 tequila brand - and knocked 2.1 points off the FTSE 100, which was down 7.58 points, or 0.1 percent at 0806 GMT. The index reached its highest closing level in nearly nine months on Monday and is now capped by technical resistance at 5,930, an intra-day high hit in September. (Reporting By Francesco Canepa; editing by Simon Jessop)

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions