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Diageo Rises, JTC Down, ASML Gains

Diageo Rises, JTC Down, ASML Gains

Published 4 months, 1 week ago
Description

On this episode of Stock Movers:
- Diageo named Dave Lewis, the former head of supermarket chain Tesco, as its new CEO as the maker of Guinness stout and Johnnie Walker seeks to reboot after a period of turmoil.
- JTC, the London-listed provider of fund solutions and corporate services, agreed an offer from Private equity firm Permira to acquire it for £2.3 billion ($3 billion).
- TSMC's October sales growth of 16.9% from a year earlier, released today, could be strong enough to boost ASML's lithography tool demand.

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