spirits

Party Time Again: Holiday Events Point to a Recovering Economy

Hospitality analysts say this season's year-end celebrations are more numerous and a bit more lavish than the past several years. Champagne is replacing sparkling wine, and better food is getting served. Signs, they say, of an economy on the mend.

Diageo May Be Headed for a Hangover

Don't bet on the stock continuing its upward spiral. Some close watchers of Diageo and the spirits market say the share price is doomed to sputter. "We expect the stock to perform well below the broader market," says Zacks Investment Research.