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Is it time to buy Treasury Wine Estates Ltd?

April 10, 2014

Shares in winemaker Treasury Wine Estates Ltd (ASX: TWE) have surged more than 8% in the last week, as the company's new CEO said he was taking a cold and hard look at the business. CEO Michael Clarke met investors and analysts earlier this week and said the market would not have to wait long for some decisive moves to improve performance to be put into action.