A new free trade agreement may give companies from South Korea a serious leg up—in China.» Read More
Coca Cola Co and McDonald's Corp on Tuesday became the latest multinationals to get sideswiped by the surging U.S. currency, which typically crimps demand for U.S. exports and reduces the value of overseas sales when they are translated back into U.S. dollars. McDonald's forecast currency to cut fourth-quarter earnings per share by 5 cents to 6 cents, after...
Stocks rose Tuesday as investors cheered earnings from companies including Apple.
Stocks staged a steady rally as Ebola fears ebbed and oil prices stabilized. Expectations the Fed will stay dovish helped too.
As Coke and McDonald's earnings disappointed investors, millennial retail expert Ilana Stern explains what's to blame and what needs to be done.
But Coca-Cola's fundamentals suggest the stock's troubles could last.
Although stocks rallied on Tuesday, investors couldn’t help but notice some very noticeable losers.
Greenwich Wealth Management's Vahan Janjigian said he believes both large-cap names can overcome the problems now plaguing them.
Oct 21- Coca-Cola Co on Tuesday announced new cost-cutting measures and a timeline for selling its bottling operations after its quarterly profit slumped 14 percent and the world's largest beverage maker struggles to find growth amid a soft market for soda. Coke also said that it was targeting $3 billion in cost savings by 2019, up from its announcement in...
*Apple rallies, lifting S&P 500 and Nasdaq. NEW YORK, Oct 21- U.S. stocks rallied on Tuesday, with the S&P 500 on track for a fourth straight session of gains as Apple and Texas Instruments jumped following their results. Apple Inc rose 2.4 percent to $102.20 in heavy trading a day after revenue topped expectations, helped by strong sales of its iPhone line.
These stocks were the poster children for buy-and-hold investing but, with the latest numbers, that reasoning comes into question.
CNBC's Jim Cramer knocked Coca-Cola after the beverage giant reported third-quarter earnings results that he called "ghastly."
Discussing Coca-Cola's disappointing earnings and revenue miss, with Caroline Levy, CLSA beverage analyst.
NEW YORK, Oct 21- U.S. stocks rose on Tuesday, with the S&P 500 on track for a fourth straight session of gains as Apple and Texas Instruments rallied after their results. Apple Inc rose 2.3 percent to $102 in heavy trading a day after revenue topped expectations, helped by strong sales of its iPhone line. Any fund manager who is underweight on Apple is probably...
Spare a thought for Warren Buffett, whose portfolio is not doing him any favors this week.
NEW YORK, Oct 21- U.S. stock index futures pointed to a higher open on Tuesday, with the S&P 500 on track for a fourth straight session of gains, as Apple and Texas Instruments rallied after their results. Apple Inc rose 2.7 percent to $102.43 in heavy premarket trading a day after it reported revenue that topped expectations, helped by strong sales of its iPhone line.
CNBC's Jim Cramer breaks down Coca-Cola's Q3 earnings. Cramer says he's tired of Coke's excuses and it is a poorly run company.
The beverage giant also reported third-quarter revenue that missed estimates and said it was ramping up its cost-cutting initiatives.
Some of the names on the move ahead of the open.
Oct 21- Coca-Cola Co said on Tuesday that its quarterly profit fell 14 percent as sales of carbonated beverage volumes in North America declined. The world's largest beverage maker said net income for the third quarter ended Sept. 26 declined to $2.1 billion, or 48 cents a share, from $2.4 billion, or 54 cents a share, a year earlier. Excluding charges for...
U.S. stock index futures are signaling a higher open on Wall Street on Tuesday after better-than-expected Chinese growth data.