"U.S. inflation numbers out tomorrow will tell their own story and a higher-than-expected reading could well prompt renewed jitters among investors," Mould adds. Oil-and-gas majors BP and Shell closed up 1.4% and 1%, respectively, as Brent crude rose nearly 1.3% at $82.49. "We think this remains a key underappreciated part of the turnaround story however and shift our FY 2027 operating margin to 11.1% from 10.0%," they add. The liquor maker could deliver margin expansion in fiscal 2025 as Latin America's volume performance is likely to rebound, coupled with a substantial reduction in agave prices, the analysts say. (michael.susin@wsj.com)Contact: London NewsPlus, Dow Jones Newswires;(END) Dow Jones NewswiresNovember 13, 2023 12:02 ET (17:02 GMT)Copyright (c) 2023 Dow Jones & Company, Inc.

Source: Wall Street Journal November 13, 2023 17:12 UTC