Stocks rose on Tuesday after earnings from Dow components Coca-Cola and Johnson & Johnson.» Read More
April 15- Strong sales volume growth in China helped The Coca-Cola Co beat quarterly revenue estimates as lower-priced, smaller soda bottles and juices attracted more price and health-conscious shoppers in the world's second largest economy.
NEW YORK— Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:. The Coca-Cola Co., up $1.45 to $40.18. MasterCard Inc., up 97 cents to $72.15.
*Coca-Cola and Johnson& Johnson rally after results. *Tesla and Netflix slide, but Twitter jumps after deal. NEW YORK, April 15- U.S. stocks ended a volatile session higher on Tuesday, lifted by gains in such blue-chip names as Coca-Cola and Johnson& Johnson, though persistent weakness in momentum names limited the Nasdaq's advance.
NEW YORK, April 15- U.S. stocks fell on Tuesday as early gains evaporated when momentum shares once again lost ground, overshadowing a jump in Coca-Cola and Johnson& Johnson after their quarterly earnings. Tesla Motors Inc fell 5.5 percent to $187.25 and NetFlix Inc dropped 4.5 percent to $316.82 to rank among the worst performers in the Nasdaq 100 index.
Caroline Levy, CLSA, analyzes Coca Cola's quarterly numbers and discusses the long-term volume growth of soda.
NEW YORK, April 15- U.S. stocks dipped on Tuesday, as gains in Coca Cola and Johnson& Johnson after their quarterly earnings were offset by mixed economic data and a resumed slide in momentum shares.
NEW YORK, April 15- U.S. stock index futures pointed to a modestly higher open on Tuesday as earnings from Coca Cola and Johnson& Johnson helped overshadow a mixed bag of economic data.
The "Squawk on the Street" news team discuss the soda market and break down Coca Cola's quarterly operating earnings which fell in line with Wall Street estimates.
Companies making headlines before the bell:
Coca-Cola reported better-than-expected quarterly revenue, as strong sales in China more than offset a drop in Europe and flat volumes in North America.
Europe's banks prepare for ECB tests with new provisions. LONDON- The tens of billions of euros euro zone banks set aside for loan losses in their latest annual accounts may have substantially reduced the chance of institutions failing ECB stress tests in the next few months.
U.S. stock index futures pointed to a flat-to-lower open on Tuesday, as investors awaited results from a number of industry heavyweights.
April 15- Coca-Cola Co reported better-than-expected quarterly revenue as strong sales in China more than offset a drop in Europe and flat volumes in North America. Sales declined 4 percent in Europe, but rose 6 percent in both India and Russia.
Muhtar Kent, chairman & CEO of Coca-Cola, reaffirms the safety of aspartame and discusses the launch of stevia-sweetened Coca-Cola Life in Argentina and Chile.
*Yahoo, Morgan Stanley rise after research notes. NEW YORK, April 15- U.S. stock index futures edged up on Tuesday after earnings from Coca Cola and Johnson& Johnson and ahead of economic data including inflation and manufacturing.
Muhtar Kent, chairman & CEO of Coca-Cola, discusses his company's quarterly results. We are improving in key markets like China and Brazil, says Kent.
NEW YORK— Coca-Cola, the world's biggest beverage maker, said Tuesday that the amount of soda it sold globally fell for first time in 15 years. Gary Fayard, the company's outgoing chief financial officer, attributed the decline in sodas partly to the timing of Easter, which falls in the second quarter this year instead of the first.
April 15- Coca-Cola Co reported an 8 percent fall in quarterly net earnings after a decline in volumes in Europe and the sale of its bottling operations in Brazil. The company's net income attributable to shareholders fell to $1.62 billion, or 36 cents per share, in the first quarter ended March 28 from $1.75 billion, or 39 cents per share, a year earlier.
Bill Schmitz, Deutsche Bank Securities, dissects Coca Cola's quarterly numbers. All of the growth of the company comes internationally, says Schmitz.
A rush of earnings could help steer the market's direction on Tuesday, after Citigroup's earnings beat provided kindling for a market rally Monday.