The maker of Remy Martin cognac's half-year results met analyst expectations but suffered by comparison to rivals' strong performance.

Shares in Pernod hit record highs after beating first quarter expectations on strong sales in China and the U.S.

Investors took a glass half empty view of the French drinks makers full-year results, shrugging off solid FY17 growth to focus on FX headwinds for the coming year.

Shares climb after increased stake revealed.

Cognac spikes lifts French drinks maker's Q1 sales growth

Remy Cointreau shares popped as much as 4% Thursday after the French drinks maker reported better-than-expected full year sales and profit and said momentum in China promised further growth.

The maker of Fendi fashions and Hennessy cognac posted posted a 15% increase in first-quarter sales easily beating analyst expectations.

European stocks whipsawed as investors reacted to a White House resignation, poor eurozone data and Yellen putting tightening on the table with lawmakers

A 22% increase in cognac sales swamped analyst expectations, pushing the French company's shares to a 12-month high.

But he thinks the Fed must keep raising interest rates to quell inflation. And he expects continued market volatility.

Britain's new government said it will continue focusing on tax cuts and new borrowing to boost growth even as markets push the pound to a record low against the U.S. dollar.

With interest rates soaring, credit card consumers may be in for a shock