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July 22- Coca-Cola Co is still grappling with a problem even as sales of traditional Coke rise in North America: U.S. consumers are drinking less diet soda. But Coke reported lower-than-expected quarterly revenue as sales volume in North America, its biggest market, was flat partly because of a decline in diet Coke sales.
Coca-Cola Co. fell $1.26 or 3.0 percent, to $41.14. Dr Pepper Snapple fell$. 04 or. 1 percent, to $58.82. Molson Coors Brewing Co. rose$. 16 or. 2 percent, to $72.35.
Coca-Cola is "making steady progress" in North America, where the Coke brand grew for "the first time in a long time," CEO Muhtar Kent tells CNBC.
U.S. stock index futures rose on Tuesday, as developments over the downed Malaysia Airlines plane helped stabilize sentiment.
ATLANTA— Coca-Cola Co. reported quarterly sales that fell short of Wall Street estimates on Tuesday as demand weakened for Diet Coke in North America. Globally, the world's biggest beverage maker, said sales volume rose 3 percent, boosted by gains in places including China, India, the Middle East and South Africa.
Muhtar Kent, Coca-Cola chairman & CEO, shares his thought on David Winter's comments that Coca-Cola needs to restore credibility with investors. Our equity plan is a good plan approved by the shareholders, says Kent.
Some of the names on the move ahead of the open.
Muhtar Kent, Coca-Cola chairman & CEO, shares his company's plans to grow its sparkling beverage brands globally.
July 22- Coca-Cola Co reported a 3 percent fall in quarterly net profit due to restructuring of its juice operations in Russia and the separation of its Brazilian bottling operations last year.
Many investors, including Jim Cramer, found the relative strength in stocks somewhat curious, given the widespread geopolitical unrest.
NEW YORK, July 21- Coca-Cola Co may have annual profits of about $9.3 billion, but that princely sum could fall short of what the world's largest soda maker needs to tempt would-be franchisees into taking over more of its regional bottling operations.
Bolthouse Farms will be setting up 'healthy snack stations' in stores with marketing ploys borrowed from junk food. USA Today reports.
A long hoped for improvement in the economy appears to be manifesting in second-quarter U.S. earnings, but the next two weeks could be the real test.
SYDNEY, July 21- Most Asian stock markets edged higher on Monday as investors set aside geopolitical concerns for the moment to focus on the generally upbeat flow of U.S. corporate earnings ahead of a host of results due this week. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.3 percent, with modest increases for most markets across Asia.
SYDNEY, July 21- Asian stocks were a fraction firmer on Monday as investors set aside geopolitical concerns for the moment to focus on the generally upbeat flow of U.S. corporate earnings ahead of a host of results due this week. MSCI's broadest index of Asia-Pacific shares outside Japan added 0.24 percent, with small gains for most markets across Asia.
SYDNEY, July 21- Asian stock markets inched higher on Monday as investors set aside geopolitical concerns to focus on the generally upbeat flow of U.S. corporate earnings ahead of a host of results due this week. MSCI's broadest index of Asia-Pacific shares outside Japan added 0.13 percent, while South Korea put on 0.4 percent.
Companies such as General Electric Co and Intel Corp have reported solid results. Intel declared that personal computer sales have stabilized, while it forecast third-quarter revenue above Wall Street's expectations.
A testy moment at the Delivery Alpha conference when Nelson Peltz, the founding partner and chief executive officer of Trian Fund Management and a major holder of Pepsi, took issue with CNBC's interviews with legendary investor Warren Buffett, a long-time investor of rival Coca Cola.
Some opportunities are big. This one is Monster.
BERLIN, July 7- Aldi and Lidl have a new weapon in their battle to be Germany's discount grocery number one: Coca-Cola. Both are still expanding abroad- particularly in Britain and the United States. There are now six times as many Aldi or Lidl stores per person in Germany as there are Wal-Marts per person in the United States.