US Vampire wine sinks fangs into Penfolds winemaker
When Treasury Wine Estates released a Halloween wine featuring Dracula it was just a bit of fun, but a Hollywood attorney turned winemaker is now suing.
Treasury Wine
Grange danger: Strike hits Penfolds
United Workers Union warns industrial action could continue into the peak harvest production period.
Penfolds’ maker hires Chinese-born exec ahead of tariff decision
Treasury Wine Estates bolsters its executive team as it awaits news of China’s review of its tariffs on Australian wine, which is expected to be completed early next year.
Treasury Wine placement shortfall a sign of the market
Treasury Wine Estates’ lagging share price shows investors are losing patience with expensive mergers and acquisition deals.
Treasury Wine auctions $173m retail shares
The company, which makes iconic wines Penfolds and Wolf Blass, is offering shares in the business not taken up by retail investors.
ASX up; first strike against Qantas pay
Qantas gets massive first strike against pay; directors Sampson, Hutchinson stay on board. Macquarie gains on buyback after earnings miss. Block soars. Treasury, Aussie Broadband dive.
Treasury may have mulled sale of commercial wine portfolio
Treasury Wine Estates is believed to have contemplated a sale of its commercial wine portfolio before outlaying at least $US900m to buy the emerging US-based luxury wine business DAOU.
Aussie Broadband tipped to be plotting raise for Symbio buy
The telco is set to join Treasury Wine Estates in raising money to fund an acquisition.
Banking appointments upset pool on Treasury Wine deal
Treasury Wine Estates has opted against using one of the big names on Wall Street to advise on its highly anticipated US-based luxury wine acquisition.
Treasury Wine’s $US1bn Californian dream
Treasury Wine will ramp up its exposure to the US and the largest winemarket in the world after agreeing to spend as much as $US1bn for a Californian winemaker.
ASX flat; Rinehart’s Hancock has $5bn profit
Billionaire’s mining giant’s profit falls. Argument breaks out on Endeavour AGM floor. Weak China data hits resources stocks. Treasury Wine’s $1.4bn DAOU Vineyards buy. AustSuper rejects Brookfield/EIG Origin bid.
Penfolds winemaker ready for China reopening
Treasury Wine Estates is preparing for the reopening of the Chinese market if tariffs are removed, and will reallocate its luxury iconic drink to the region.
ASX at 12-month low; TWE lifts; South32 down
Qantas’ frequent flyer overhaul after complaints. Treasury Wine lifts on potential China rebuild plans. South32 down on weak quarter. Propel Funerals gains on bid dismissals.
Treasury Wine shareholders revolt with first strike
Shareholders voice unhappiness at Penfolds and Wolf Blass owner’s decision to award its CEO Tim Ford $2m in shares despite a profit slump.
ASX 200 down; Treasury Wine gets first strike
Protest vote lodged against winemaker’s remuneration. Qantas down as oil prices jump, loyalty boss quits. Fletcher plunges on Iplex claims. Liontown hit with downgrades as Albemarle walks away.
China offers ‘package’ deal to end wine tariffs
Senior officials in the Chinese government have told their Australian counterparts the wine tariff could be “properly resolved” in coming months.
Treasury targets lift of China wine tariffs
Treasury Wine will hold back some of its Penfolds stock to be ready to send to China if its government were to lift its tariffs on Australian wine
Penfolds primed for China relaunch
The maker of luxury wine Penfolds is seeing a continued trend in drinkers seeking more pricey wines to enjoy, but it wasn’t enough to avoid a drip in annual profit.
ASX climbs on wages, RBA data; Lake top gainer
CSL, Pro Medicus, Cochlear lead health sector rally. AUD at US65c after lower quarterly wages growth. China reveals more economic weakness. NAB spikes on buyback. Seek tumbles.
TWE remains cautious on China trade
Treasury Wine Estates will take a cautious approach to any reopening of the Chinese wine market if Beijing follows up lifting tariffs on barley by dropping tariffs on Australian wine.
Treasury switches on 6000 solar panels at flagship Barossa winery
Penfolds owner Treasury Wine Estates says it now operates the largest solar network of any wine producer in Australia and is on track to soon be using 100 per cent renewables.
Penfolds takes first China wine to the world
Treasury Wine Estates has taken the next step in its China wine making strategy, launching a $150-a-bottle red wine from Chinese grapes as part of its 2023 Penfolds Collection.
Penfolds owner to shut regional winery facility in Mildura
Consumers are pulling back on cheaper, commercial wines such as 19 Crimes backed by US rapper Snoop Dogg, forcing Treasury Wine Estates to close a regional winery facility.
ASX snaps win streak; AMP dives on ruling
Falls in banks and miners end rally. AMP falls on Federal Court decision. UBS upgrades Telstra to buy. China data hits iron ore, AUD. Treasury Wine sells Karadoc winery.
Penfolds owner in 1000ha vineyard sell-off
Penfolds owner Treasury Wine Estates is looking to offload more than 1000ha of vineyard properties across SA amid a wider cost-cutting and restructuring push.
Analysts cut Treasury Wine target as earnings stall
As its 19 Crimes brand disappoints, analysts say better luxury wine sales and the reopening of China can help Treasury Wine Estates to turn the tide.
Treasury Wine shows China repair is a long road
Australian exporters will continue to be cautious as they slowly rebuild their relationship with China.
Cheap wine and not enough growth: TWE warning
Wine brands like 19 Crimes backed by US rapper Snoop Dogg are struggling in current conditions, forcing winemaker Treasury Wine Estates to look at selling some assets.
ASX drops 1.1pc to two-month low; miners fall
Shares record their biggest one-day fall since March. Miners pulled down by iron ore woes. Revenue fall hits Treasury Wine. Dollar hits six-month low. Megaport soars.
TWE’s cautious plans to re-enter China wine market
Treasury Wine Estates is ready to return to the Chinese market, but doesn’t expect demand to be akin to the pre-2019 levels.
Original URL: https://www.theaustralian.com.au/topics/treasury-wine/page/2