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