V&S

Fortune loses V&S to Pernod, but gains in market

Fortune Brands Inc (FO) shares jumped over 8 percent on Monday after the U.S. spirits company lost an auction for Absolut vodka maker Vin & Sprit [VSG.UL] and said it would begin buying back its own shares.

Vested Interest: 
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Stock Symbol: FO FORTUNE BRANDS IN Stock Price: $54.85 Todays Change: +0.63 (+1.16%)