UK: HSBC downgrades Allied Domecq
The international banking group, HSBC, has downgraded UK-based drinks group, Allied Domecq, from "add" to "reduce". The move follows HSBC's announcement that it has raised its rating on Diageo from "sell" to "add".
The international banking group, HSBC, has downgraded UK-based drinks group, Allied Domecq, from "add" to "reduce". The move follows HSBC's announcement that it has raised its rating on Diageo from "sell" to "add".