The departure of a possible Coca-Cola chief executive has put the global chief customer officer in contention to eventually succeed CEO Muhtar Kent.» Read More
SHANGHAI, Nov 8- The Coca-Cola Co said it will invest over $4 billion in China and build new plants between 2015 and 2017, to counter competition which is chipping away at its share of the country's 421 billion yuan soft drinks market.
By Maytaal Angel and Susan Thomas. LONDON, Nov 7- The London Metal Exchange, aiming to appease critics of its global storage network, on Thursday slashed the maximum queues for metal, beefed up its powers to act against market abuse and will review its agreement with warehouse owners.
U.S. stocks fell on Thursday, with the Dow Jones Industrial Average halting its record advance and Twitter's market debut drawing the spotlight, as investors reacted to an unexpected rate cut by the European Central Bank and a read on third-quarter U.S. economic growth.
Fans of "Mexican Coke" in the US need not worry about losing the cane sugar that sweetens their favorite drink.
Fairfax, the largest shareholder in BlackBerry with a 10 percent stake, reached a tentative $9- per-share deal with BlackBerry in late September, and has until Nov. 4 to negotiate a definitive agreement.
It’s time for the Lightning Round. Cramer makes the call on viewer favorites.
Warren Buffett's Berkshire Hathaway posted a 29% jump in third-quarter profit, but operating results fell short of analyst forecasts.
Nov 1- Warren Buffett's Berkshire Hathaway Inc posted a 29 percent jump in third-quarter profit on Friday, but operating results fell short of analyst forecasts amid weakness in its insurance operations. Net income rose to $5.05 billion, or $3,074 per Class A share, from $3.92 billion, or $2,373 per share, a year earlier.
Oct 29- The Coca-Cola Co, rated Aa3, AA-/A+, announced a new five-part benchmark US dollar bond on Tuesday, sources on the deal told IFR. It is Coca-Cola's first appearance in the US dollar bond market since February, when it raised USD2.5 billion in a three-part transaction.
MEXICO CITY, Oct 24- Latin America's biggest Coke bottler, Coca-Cola Femsa, said on Thursday third-quarter profit fell 17 percent despite higher revenue as it spent more on marketing as well as labor and freight costs.
Oct 23- Dr Pepper Snapple Group Inc reported third-quarter revenue that missed analysts' estimates and cut its full-year revenue outlook for the second time as health-conscious customers shun its sodas such as Dr Pepper and 7 UP.
PepsiCo reported higher earnings on Wednesday and said it was on track to meet its financial goals for the year, despite global economic pressures.
Stocks closed sharply lower in volatile trading Tuesday, with the Dow and S&P 500 snapping their four-day rally, as ongoing worries over the impasse over the debt ceiling continued to weigh on the markets.
*Citigroup profit hit by bond trading slowdown, shares fall. *Intel and Yahoo both rise after market close on results. NEW YORK, Oct 15- U.S. stocks fell in a volatile session on Tuesday as the impasse over the debt ceiling in Washington continued with no sign of progress toward a resolution.
*Intel and Yahoo both rise after market close on results. NEW YORK, Oct 15- U.S. stocks fell in a volatile session on Tuesday as the impasse over the debt ceiling in Washington continued with no sign of progress towards a resolution.
Citigroup profit hit by bond trading slowdown, but shares rebound. NEW YORK, Oct 15- U.S. stocks fell in a thin session on Tuesday, with trading continued to be driven by the ongoing impasse over the debt ceiling in Washington, which overshadowed some key corporate earnings.
*Citigroup profit hit by bond trading slowdown, but shares rebound. The White House and Senate rejected the House's latest offer. "The expectation is that stocks will sink a little lower as the House takes more and more time to figure things out," said John Brady, managing director at R.J. O'Brien& Associates in Chicago.
Oct 15- Coca-Cola Co on Tuesday reported a higher quarterly profit and said it was on track to achieve its goal of doubling its 2010 "system revenue," which includes its sales and those of its bottlers, by 2020.. In the third quarter, net income rose 6 percent to $2.45 billion, or 54 cents per share, in the third quarter from $2.31 billion, or 50 cents per share, a year earlier.
*Citigroup profit hit by bond trading slowdown; shares dip. *Teradata drops sharply after profit warning. Citigroup reported weaker-than-expected results as the bank was hit by a double-digit drop in bond trading revenue for the quarter.
*Citigroup adjusted profit hit by bond trading slowdown; shares dip. NEW YORK, Oct 15- U.S. stocks fell on Tuesday after a four-session rally as Citigroup reported weaker-than-expected quarterly earnings, overshadowing developments in the Washington budget and debt-limit talks.