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Jan 23, 2018
01/18
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FBC
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petrone. before the break i asked how much is sold in america every year. the answer is $1.6 billion worth. one brand of high-end tequilag. how much is the overall deal? >> a bacardi and petrone are privately held here listen, this is a move when it comes to call. , vodka and rum are out there but was an expensive party drink on the tequila has now become a very favorite choice. high-end tequila is the drink. you can get it as cheap as $45 a barrel and sometimes thousands of dollars depending what your taste is. bacardi is jumping on the tequila bandwagon. stuart: hawaii's governor says no access to twitter stopped him from fixing the vault missile alert. stuart: on the morning of january 13, the governor said people were reeling. it's not funny this time out or receiving the false missile alert message on their cell phones. he says quote, this is the governor, i have to confess that i didn't know my twitter account logon and password. so certainly that is one of the changes i have made. that is embarrassing. it was an embarrassing situation to begin with and here we have the governor admitting he couldn't himself tweet
petrone. before the break i asked how much is sold in america every year. the answer is $1.6 billion worth. one brand of high-end tequilag. how much is the overall deal? >> a bacardi and petrone are privately held here listen, this is a move when it comes to call. , vodka and rum are out there but was an expensive party drink on the tequila has now become a very favorite choice. high-end tequila is the drink. you can get it as cheap as $45 a barrel and sometimes thousands of dollars...
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Jan 23, 2018
01/18
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KTVU
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bermuda based, bacardi, announced it's buying the maker of petrone tequila.deal allows bacardi to add an additional brand-name liquor to its list of spirits that already includes grey goose about a couple bombay sapphire gin and a number of rounds. bacardi is the world's largest private spirits company. >>> employees and in and out startup with the seller this higher than average but the draw is they have the opportunities to advance to six figures if they become a manager. this is according to the california sun newsletter. the popular burger chain base store managers an average salary of more than $160,000 which is about triple the industry average. they pay their employees well and that has always been part of the company culture. research shows this leads to better productivity, less turnover, bigger profits and a better product. >>> apple could be getting ready to pull the plug on its new iphone x. insiders are reporting apple could be planning to discontinue the new model after introducing its new line of phones later this year. the reports that apple i
bermuda based, bacardi, announced it's buying the maker of petrone tequila.deal allows bacardi to add an additional brand-name liquor to its list of spirits that already includes grey goose about a couple bombay sapphire gin and a number of rounds. bacardi is the world's largest private spirits company. >>> employees and in and out startup with the seller this higher than average but the draw is they have the opportunities to advance to six figures if they become a manager. this is...
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Jan 23, 2018
01/18
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KTVU
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bermuda-based, bacardi rum, and announced its buying the maker of petrone tequila. the deal allows bacardi to add an additional brand-name liquor to its list of spirits. this includes grey goose, bombay sapphire and other realms. bacardi is the world's largest private spirits company. it held a minority stake in petrone since 2008. >>> apple could be getting ready to pull the plug on its iphone x. insiders are reporting apple could be planning to discontinue the new model after introducing its new line of phones later this year. apple is worried that if it sells the x at a discount it may eat the sales of the new devices. new numbers from apple show the less expensive iphone 8 outsold the iphone x last year. >>> thousands of families burned out of their homes and the north bay wildfires are deciding whether to stay and rebuild our move to another area. dan bradford was lucky enough to find his blueprints and is the first to rebuild his house. many neighbors are looking for a contractor to build their houses at once to save time and money. other neighbors say they ar
bermuda-based, bacardi rum, and announced its buying the maker of petrone tequila. the deal allows bacardi to add an additional brand-name liquor to its list of spirits. this includes grey goose, bombay sapphire and other realms. bacardi is the world's largest private spirits company. it held a minority stake in petrone since 2008. >>> apple could be getting ready to pull the plug on its iphone x. insiders are reporting apple could be planning to discontinue the new model after...
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Jan 23, 2018
01/18
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BLOOMBERG
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bacardi has confirmed it is buying petrone -- patron tequila.combines two of the world's largest closely hold distillers bacardi rum under the same umbrella as tequila. group has agreed to put $333 million into a new sugar factory and farm. aficials were betting on revival in for investment when they slowed the pound in egypt. twitter shares have dipped on reports the chief operating officer is in talks with social finance to become the online lenders new boss. anthony nota has played a large role in the leading twitter's product vision, especially in future ine platform's video streaming. that was your bloomberg business flash, let's get back to another big story for markets around the yen, that jumped as the bank of japan kept its policy unchanged, largely as expected by most people surveyed i bloomberg. or global -- our global economist kathleen hays is in tokyo with what the boj has not been saying quite yet. there has not been much of a shift in the language. immediatelyrtainly after the decision came out, the headlines crossing the bloombe
bacardi has confirmed it is buying petrone -- patron tequila.combines two of the world's largest closely hold distillers bacardi rum under the same umbrella as tequila. group has agreed to put $333 million into a new sugar factory and farm. aficials were betting on revival in for investment when they slowed the pound in egypt. twitter shares have dipped on reports the chief operating officer is in talks with social finance to become the online lenders new boss. anthony nota has played a large...
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Jan 23, 2018
01/18
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FBC
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into the increasingly crowded tequila business into five by $1 billion deal with the one of the biggest flickr deal in tears as companies acquire more top shelf brands. petrone which is one of the first in the premium tequila market is now the industry's leader with u.s. sales of $146 billion as of 2016. he faces increasing competition including ones backed by celebrities like george clooney and justin timberlake. cheryl: specialist george clooney and his new line of tequila as well. he's made a lot of cash. in being good-looking. cheryl: that, too. cheryl: british antitrust regulators dealing a blow to 21st century stocks as $15 billion takeover good pretty preliminary finding britain's competition market authority says acquiring 100% of sky we give them too much influence the british media. it raises the biggest hurdle in mr. murdoch's effort to acquire the sixth 1% of sky his company doesn't already own. >> we are disappointed by the cma's original findings. we will engage ahead of publication of the final report in may. today's report was preliminary. a final decision for the british culture secretary is expected in may. fox is it still expects the deal
into the increasingly crowded tequila business into five by $1 billion deal with the one of the biggest flickr deal in tears as companies acquire more top shelf brands. petrone which is one of the first in the premium tequila market is now the industry's leader with u.s. sales of $146 billion as of 2016. he faces increasing competition including ones backed by celebrities like george clooney and justin timberlake. cheryl: specialist george clooney and his new line of tequila as well. he's made...
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Jan 23, 2018
01/18
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FOXNEWSW
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. >> rum buying petrone, $1.5 billion, one of the largest liquor deals we have seen in many years. this is an increasing popular business, tequila well. they are distributing petrone and wants to increase sales. jillian: we will be right back. ] [ keyboard clacking ] [ click, keyboard clacking ] ♪ good questions lead to good answers. our advisors can help you find both. . . jillian: well, eagle eyes. eagles fan who went viral for slamming into a subway poll ipole is okay. now we are getting a brand new look at his epic fail. >> oh. oh. rob: he is messing around trying to get everybody riled up. the man's wife telling "fox & friends" he shook off that nasty hit. he was kind of goofing around. he did need to get to that game. i don't think he thought he was going to make that train. he was running late. "fox & friends" starts right now. go eagles. jillian: yes. ♪ announcer: please evacuate immediately. steve: that is not the wake jump call they were expecting. this is a fox news alert. millions of americans on high alert at this moment under tsunami warnings at this hour after a powerful 7.9 earthquake rocked alaska as you can see
. >> rum buying petrone, $1.5 billion, one of the largest liquor deals we have seen in many years. this is an increasing popular business, tequila well. they are distributing petrone and wants to increase sales. jillian: we will be right back. ] [ keyboard clacking ] [ click, keyboard clacking ] ♪ good questions lead to good answers. our advisors can help you find both. . . jillian: well, eagle eyes. eagles fan who went viral for slamming into a subway poll ipole is okay. now we are...
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Jan 22, 2018
01/18
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BLOOMBERG
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petrone international. it is known for its tequila. size ofbillion is the it. we are talking about two privately held companies in this case who are making this deal. it's a big private deal, involving a delicious spirit. theasn't petrone on entourage -- patron on the entourage tv show? >> that was avion. >> oh, i'm osrry. >> enterprise that you knew that. -- i'm surprised that you knew that. >> this is bloomberg. ♪ >> while many sectors such a growth last year, sectors and voted republican so the biggest gain. those are part of the findings of this study. jed joins us from san francisco. differ joining us. your latest research shows that while in many aspects, american life was very divided, at least right now, economic growth is eating fairly evenly distributed around the country. >> it's one of the rare areas where both red and blue america have something to cheer. there were both places and industries in red and blue america that grew strongly in the past year. that's exactly a change we saw. >> is there a fundamental reason for that? is it random and not su
petrone international. it is known for its tequila. size ofbillion is the it. we are talking about two privately held companies in this case who are making this deal. it's a big private deal, involving a delicious spirit. theasn't petrone on entourage -- patron on the entourage tv show? >> that was avion. >> oh, i'm osrry. >> enterprise that you knew that. -- i'm surprised that you knew that. >> this is bloomberg. ♪ >> while many sectors such a growth last year,...
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Jan 23, 2018
01/18
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BLOOMBERG
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buying: bacardi is tequila maker petrone -- patron. the sales of the drinks have been surging. more than 700% between 2002 and 2016. other brands owned by the same include grey goose and bombay sapphire. haidi: coming up, netflix shares are ahead after bringing in more than one million subscribers, despite a price hike. their best carter ever, -- quarter ever, next. this is bloomberg. ♪ haidi: as we wait for earnings, no less than 80 earnings reports expected. let's go over to the ones we've got in the u.s. netflix is dominating headlines after accumulating more subscribers. both good stories? forrter: absolutely investors. netflix soaring almost 10% in extended trading after a very strong report, merely on the strength of growth in subscribers. they signed up 8.3 million customers in the fourth quarter. that's the high -- that beats the highest analyst estimates, around 6 million. is in large part to this "stranger things" series, the gift that keeps on giving for netflix, which has really pioneered original programming. they now have 117.6 million companies worldwide, growth
buying: bacardi is tequila maker petrone -- patron. the sales of the drinks have been surging. more than 700% between 2002 and 2016. other brands owned by the same include grey goose and bombay sapphire. haidi: coming up, netflix shares are ahead after bringing in more than one million subscribers, despite a price hike. their best carter ever, -- quarter ever, next. this is bloomberg. ♪ haidi: as we wait for earnings, no less than 80 earnings reports expected. let's go over to the ones we've...
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Jan 25, 2018
01/18
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BLOOMBERG
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about another spirit that has become incredibly popular, the tequila, as evidenced by the $5 billion purchase of jean-paul does oreos petronelio is fairly thin as well. think about the growth of the tequila market, and how can diageo profit from that? the tequilap end of market is really strong and growing rapidly. particularly in the united states. also in mexico, and it is spreading around the world. i am delighted with our position. we have two fabulous brands in don julio. we have in the results announced, our tequila business grew 43%, and this is expensive tequila, right? bottles that are $50 per bottle. we are well-positioned. don't you is really on a very strong -- has strong momentum, growing market share, the high-end of the tequila market. in the period we have covered, it was up 70% in the united states. a very positive trend, a very profitable sector. have a brands we think lot of runway for exciting growth over the years ahead. guy: i think just for full disclosure, i should point out that matt and i are doing dry january, so from a disclosure point of view, we need to mention this. let's talk a little bit abo
about another spirit that has become incredibly popular, the tequila, as evidenced by the $5 billion purchase of jean-paul does oreos petronelio is fairly thin as well. think about the growth of the tequila market, and how can diageo profit from that? the tequilap end of market is really strong and growing rapidly. particularly in the united states. also in mexico, and it is spreading around the world. i am delighted with our position. we have two fabulous brands in don julio. we have in the...