Delta said it will become the latest carrier to change its frequent-flier program to a system based on ticket price rather than miles.» Read More
NEW YORK-- The Coca-Cola Co. and Sanofi are partnering to launch a line of "beauty drinks" in France. The Coca-Cola business unit in France said in a statement that the drinks will be sold in a "small scale pilot" limited to a number of pharmacies in the country.
NEW YORK-- The Coca-Cola Co. has a formula for growth in the volatile economic climate: sell more of its drinks in emerging markets and evolve its stable of products at home, where concerns over sugary drinks are intensifying.
NEW YORK-- The Coca-Cola Co. says its net income rose 4 percent in the third quarter, as the world's biggest beverage maker expanded in in emerging markets and relied more heavily on sports drinks and teas for growth at home. In India, by contrast, sales volume for the Coca-Cola brand rose by 34 percent and overall sales volume rose 15 percent in the country.
NEW YORK-- The Coca-Cola Co. says its net income rose 3 percent in the third quarter, as the world's biggest beverage maker sold more of it drinks around the globe and raised prices. The company says it earned $2.31 billion, or 50 cents per share, for the period ended Sept. 28.
NEW YORK-- The Coca-Cola Co. says its net income rose 4 percent in the third quarter, as the world's biggest beverage maker sold more of it drinks around the globe and raised prices. The company says it earned $2.31 billion, or 50 cents per share, for the period ended Sept. 28.
CHARLESTON, S.C.-- A $5 billion Savannah River container ship terminal planned since before the Great Recession may not be needed as early as projected because of the world economic slowdown.
CHARLESTON, S.C.-- The two-state board working to build a $5 billion steamship terminal on the South Carolina side of the Savannah River is meeting in Charleston. The Georgia- South Carolina board working to develop the Jasper Ocean Terminal meets Monday at the South Carolina State Ports Authority.
A three-judge panel of the 11th U.S. Circuit Court of Appeals ruled that the IRS can subpoena banks for the records, despite the Miccosukee tribe's claims that it is protected by sovereign immunity.
Oct 12- Fitch Ratings downgrades nine classes and affirms five classes of ML-CFC Commercial Mortgage Trust, series 2006-1. A detailed list of rating actions follows at the end of this press release. As of the September 2012 distribution date, the pool's aggregate principal balance has decreased 38.2% to $1.32 billion from $2.14 billion at issuance.
NEW YORK/ WASHINGTON, Oct 12- U.S. regulators brought last-minute relief to CME Group Inc and big energy traders on Friday, delaying new rules on tallying certain kinds of commodity swap trades until the year-end.
A Thursday bankruptcy court hearing involving retired Atlanta police Detective Jaqueline Barber's home in Fayetteville did not go her way, said Tim Franzen, a leader of Occupy Our Homes ATL. Franzen said more than 30 people were camped out in the yard on Friday, and several of the officers who worked with Barber on the Atlanta force joined the effort.
*USDA report most bearish since 1970 s- Knight Futures. NEW YORK, Oct 12- Cotton futures in New York were higher on Friday tentatively recovering some ground lost on Thursday when the U.S. government published what some traders said was the bleakest crop report in decades.
NEW YORK-- The Coca-Cola Co. should give investors a snapshot of the ever-shifting geographic and product mixes that are fueling growth for the world's biggest beverage maker when it reports its third quarter results Tuesday. WHY IT MATTERS: Coca-Cola sells its products in nearly every corner of the globe _ Cuba and North Korea are the exceptions.
--Holding company IG Investments Holdings LLC is putting in place a $300 million first-lien term loan and a $130 second-lien term loan to help fund Ares Corporate Opportunities Fund III L.P.' s leveraged acquisition of Insight Global Inc. and repayment of its existing debt.
--Kennesaw, Ga.- based Brand Energy& Infrastructure Services plans to issue a new $325 million senior secured second-lien credit facility. --We are assigning our issue-level rating of' CCC+' to the company's proposed $325 million second-lien term loan facility.
*USDA hikes global ending stocks for 3rd month. NEW YORK, Oct 11- Cotton futures in New York fell their most in three weeks on Thursday after the U.S. Department of Agriculture raised its 2012/ 13 global ending stocks forecast for the fiber to a record high for a third consecutive month.
When the stay-at-home mom and her family visited New York from their home in Germantown, Md., they joined the crowd of fans outside the NBC morning show's Rockefeller Center studio.
ATLANTA-- The Georgia Department of Labor is teaming up with business and community leaders in two northwest Georgia counties to try to help job seekers get matched up with employers looking to fill vacant positions.
Oct 11- Cotton prices extended losses in early trade on Thursday after the U.S. government raised its inventory forecast for the season to end-July 2013 to a new record of close to 80 million 480- lb bales, reinforcing concerns about falling demand from China, the world's largest textile market.
ATLANTA-- Zep Inc., which makes cleaners, pest and weed control products and disinfectants, said Thursday that its fiscal fourth-quarter net income jumped 79 percent despite a drop in revenue. For the quarter ended Aug. 31, the Atlanta- based company earned $7.3 million, or 33 cents per share, up from $4.1 million, or 18 cents per share, in the same quarter last year.