Comment - A Praiseworthy Performance From Treasury Wine Estates' New CEO?

Morton, Andy
April 2014
Aroq - Just-Drinks.com (Global News);4/12/2014, p1
Market Research Report
The article discusses the highlights of a press phone conference conducted on April 8, 2014 by Michael Clarke, who moved to Australia in February 2014 to become the chief executive officer (CEO) of Treasury Wine Estates (TWE). Clarke reported that TWE's stock price rose by 7 percent in the stock exchange and praised the quality of questions of 8 of the 11 analysts. He also informed that TWE will stay in the U.S. market, despite the stock write-down and a big drop in half-year profits.


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