Two controlling members of the Brown-Forman family issued a sharp letter defending against a takeover bid and criticizing the board, while also addressing tensions with a rebellious relative.
Brown-Forman, the spirits and wine company, anticipates a 3% to 5% decline in organic operating income for fiscal year 2027, with organic net sales expected to remain approximately flat.
Slane Castle distillery has paused whiskey production, a decision by owner Brown-Forman described as a strategic choice to protect the brand amidst an industry-wide slowdown affecting producers.
Brown-Forman, the company behind Jack Daniel's, reportedly turned down a $15 billion acquisition bid from Sazerac, weeks after similar talks with Pernod Ricard concluded.
A compilation of top Wall Street analyst research calls for Wednesday includes recommendations for major companies such as Alibaba, Boston Scientific, Brown-Forman, Charter Communications, Franklin Resources, Spotify, and T-Mobile, among others. This provides an overview of market sentiment on various stocks.
Brown-Forman, the company behind Jack Daniel's whiskey, is reportedly leaning towards a potential sale to Pernod Ricard. Sources indicate that Brown-Forman favors Pernod Ricard's offer over a competing bid from Sazerac.
Pernod Ricard shares have continued to pare losses as investors warm to ongoing market speculation regarding a rumored tie-up with Brown-Forman, with the Wall Street Journal reporting on the latest developments and investor sentiment.
Pernod Ricard shares are paring losses as investors show increasing interest in a potential tie-up with Brown-Forman, with new reports confirming the trend.
Brown-Forman, the parent company of Jack Daniel's, has announced the appointment of a new Chief Financial Officer, tapping an alum from Whirlpool for the key executive position.
Wall Street analysts have issued their top research calls for Monday, covering a range of companies including Brown-Forman, Qualcomm, and Rivian, with some stocks receiving downgrades while others were upgraded.
Brown-Forman, the company behind Jack Daniel's, has reportedly rejected a renewed takeover bid from rival spirits company Sazerac. This marks another attempt by Sazerac to acquire Brown-Forman.
An analysis compares consumer goods giants Diageo and Brown-Forman to determine which stock presents a better investment opportunity for the year 2026.
A Canadian court has quashed a petition by Alberta separatists seeking a referendum on independence from Canada. Despite the ruling, Alberta's premier has indicated an intention to challenge the decision.
Pernod Ricard and Brown-Forman, the company behind Jack Daniel's, announced the termination of their merger discussions. The potential deal between the two spirits giants has now faltered.
Kentucky spirits company Sazerac is reportedly preparing a $15 billion cash offer to acquire Brown-Forman, the maker of Jack Daniels, amidst a decline in alcohol consumption.
Shares of Brown-Forman experienced a significant surge following an "approach" from Sazerac. This market reaction indicates investor response to potential corporate developments involving the two companies.
Pernod Ricard shares continue to pare losses as investors react positively to ongoing market speculation regarding a rumored tie-up with Brown-Forman, with new reports detailing investor sentiment.
French spirits giant Pernod Ricard and Jack Daniel's maker Brown-Forman are reportedly in merger talks, a move that analysts are now weighing in on as both companies battle a sales slump and slowing demand.
Pernod Ricard shares are paring losses as investors show increasing interest in a potential tie-up with Brown-Forman, with new reports confirming the trend.
Pernod Ricard and Brown-Forman have confirmed they are in deal talks, leading to increased investor interest and paring losses for Pernod Ricard shares, with reports noting how such a tie-up would test family influence.
An analysis evaluates the stock performance of Brown-Forman, comparing its trajectory against other companies within the broader consumer staples sector.
Several companies, including Planet Fitness, Brown-Forman, and Campbell's, are currently facing varied opinions from financial analysts, indicating uncertainty or differing expectations regarding their market performance.
Brown-Forman has reaffirmed its 2026 outlook, focusing on emerging markets and ready-to-drink beverages while navigating challenges in developed markets.
Brown-Forman, the parent company of Jack Daniel's, announced plans to take the production of its flavored malt beverages in-house, citing strong demand for the products.
Lawson Whiting, the CEO of Brown-Forman, a major American spirits and wine company, has announced his upcoming retirement, with further details emerging about the transition.
Several companies, including Buckle, Universal, and Elmet Group, have released their quarterly earnings call highlights and transcripts. Additionally, multiple firms such as Burford Capital, Northrim BanCorp, and Brown-Forman have declared their latest dividends.
Brown-Forman, known for its spirits brands, is reportedly involved in active deal discussions. The company remains a focal point for potential mergers or acquisitions in the beverage industry.
Shares of Brown-Forman experienced a significant rise after reports indicated that spirits seller Sazerac expressed interest in a deal with the Jack Daniel's maker.
Sazerac, a major spirits company, is reportedly eyeing a potential acquisition or partnership deal with Brown-Forman, the parent company behind the iconic Jack Daniel's whiskey brand.
Several prominent companies, including Meta Platforms, Brown-Forman, Amazon, and Marvell, are making headlines with significant movements in midday trading.
Blue-chip company Brown-Forman's stock is under evaluation by investors as acquisition talks circulate, prompting questions on whether to buy, sell, or hold shares.