U.S. stocksfell on Tuesday, with the S&P 500 retreating from a record close.» Read More
Coca-Cola Enterprises , the biggest bottler of Coca-Cola beverages, said it will cut 5% of its work force, or about 3,500 jobs, as part of a restructuring expected to cost $300 million.
C0ca-Cola said Monday it has reached an agreement under which several of its bottlers would dismiss two lawsuits against the world's largest soft-drink company and two of its largest bottlers.
Connecticut Attorney General Richard Blumenthal said his office was investigating claims by Coca-Cola and Nestle that their new drink can burn calories, saying it may amount to 'voodoo nutrition.'
Coca-Cola plans to buy Fuze Beverages, maker of several brands of juices and flavored teas, Coca-Cola said today.
Coca-Cola is returning to the Super Bowl for the first time in nearly a decade. The move comes as rival PepsiCo sponsors the halftime show.
Coca-Cola may be the best known and widely sold commercial brand in the world. So when the company CEO speaks--a lot of people listen. CNBC’s Maria Bartiromo conducted a rare interview with Coke CEO E. Neville Isdell at the World Economic Forum in Davos, Switzerland. Bartiromo asked Isdell a range of questions ranging from how he plans to combat rising soda prices to how he plans to further grow the company on a global level.
Some of the world's biggest brands are meeting in Davos this week. So it's appropriate that the World Economic Forum is discussing new ways companies can reach consumers in an increasingly competitive market. (More)
Prosecutors say a former Coca-Cola secretary took confidential documents from the beverage giant and samples of products that hadn't been launched with the aim of selling them to rival Pepsi. Her lawyer says she was duped by two ex-cons and didn't commit a crime.
Almost every analyst has an angle on how to beat the market, and investors pay big money for trading tips that promise guaranteed profits. But here on CNBC we give that advice away for free. John Prestbo, editor of Dow Jones Indexes, shared his “Dogs of the Dow” strategy on “Morning Call” today. It returned 32% in 2006.
In an earlier post we talked about the issue of hedge fund returns vs. index funds. That's one battle for the massive hedge fund industry--but there's another that's maybe more important: The issue of transparency. Hedge funds might not be publicly traded, but the U.S. Securities and Exchange Commission requires that money managers overseeing more than $100 million disclose their holdings...
Stocks posted modest gains across the board--with financial, technology and energy stocks showing strength.
YouTube lost its revenue-free hipster vibe when Google acquired it -- which was just fine for users -- but will YouTube become so cluttered with corporate propaganda that it loses its cool? This is the latest...
The beverage sector is fairing well of late with news of acquisitions and executive promotions within the major players. The Dow Jones beverage index has gained 3% this week and more than 12% year to date. And Coca-Cola and Pepsi are up 5% and 2% respectively. So--will this "long drink" of market success continue to last?
Coca-Cola named Muhtar Kent its chief operating officer, making him the frontrunner to succeed Chief Executive Neville Isdell.
The major market indexes took a breather today – all closing modestly lower - in spite of a strong ADP report showing an extra 158,000 jobs added in the private sector in November. Mary Thompson sorted out the market activity – she’s CNBC’s “Eye on the Floor.” Investors are now looking to the jobs report to create some movement in the markets. That’s due out Friday.
Stocks closed higher following mostly positive news about the U.S. economy and gains from several major blue-chip companies.
Lance Lee – CEO of Oneshare.com – was on "Street Signs" with Erin Burnett this afternoon. His company sells individual shares of a company – mainly as gifts from adults to children – complete with stock certificate, customized frames and engraved personalized messages. He says he started the company first because of the demand for a single share of...