Food and Beverage Muhtar Kent

  • BOSTON, Jan 11- Donald Trump once described Jamie Dimon as "the worst banker in the United States," but the president-elect has helped make the boss of JPMorgan Chase& Co $50 million richer. Trump's proposed policies for lower taxes, less Wall Street regulation and more infrastructure spending have energized the U.S. stock market since the real estate magnate's...

  • BOSTON, Jan 11- Donald Trump once described Jamie Dimon as "the worst banker in the United States," but the president-elect has helped make the boss of JPMorgan Chase& Co $50 million richer. Trump's proposed policies for lower taxes, less Wall Street regulation and more infrastructure spending have energized the U.S. stock market since the real estate magnate's...

  • Jan 4- Coca-Cola Co and the American Beverage Association trade group were sued on Wednesday for allegedly misleading consumers about the health risks from consuming sugary beverages. The nonprofit Praxis Project accused the defendants of downplaying the risks to boost sales, despite scientific evidence linking sugary beverages to obesity, diabetes and...

  • Jan 4- Coca-Cola Co and the American Beverage Association trade group were sued on Wednesday for allegedly misleading consumers about the health risks from consuming sugary beverages. The nonprofit Praxis Project accused the defendants of downplaying the risks to boost sales, despite scientific evidence linking sugary beverages to obesity, diabetes and...

  • *S&P 500 marks high for third straight day. NEW YORK, Dec 9- Major U.S. stock indexes powered to another day of fresh record highs on Friday, with the S&P 500 ending the week up 3 percent, as investors bid up shares in sectors that have lagged in the month-long rally since Donald Trump's presidential election. "You have this post-election exuberance that has been...

  • *S&P 500 marks high for third straight day. Dec 9- Major U.S. stock indexes powered to another day of fresh records on Friday as investors bid up shares in sectors that have lagged in the month-long rally since Donald Trump's presidential election. "You have this post-election exuberance that has been infecting every area of the market," said Peter Costa, president...

  • James Quincey

    A new Coca-Cola CEO could result in the beverage giant doing more deals as a way to accelerate revenue and profit growth.

  • Coca Cola announced Friday its chief is stepping down next year. Turnover is up across the S&P 500, according to data from Equilar.

  • Dec 9- Coca-Cola Co said on Friday that Muhtar Kent would step aside as chief executive next year and be replaced by James Quincey, a company veteran credited with several recent changes to help the company cut its dependence on sugary drinks. Quincey's ascension was widely expected since he became chief operating officer in August 2015 after jobs that...

  • *Russell 2000, Dow Transport hit record highs. Dec 9- Wall Street hit a trifecta of records for the third day in a row on Friday as the month-long post-election rally got a boost from healthcare and technology stocks. The small cap Russell 2000 and the Dow Transport indexes also hit record intraday highs.

  • Dec 9- Coca-Cola Co said on Friday that Muhtar Kent would step aside as chief executive next year and be replaced by James Quincey, a company veteran credited with several recent changes to help the company cut its dependence on sugary drinks. Quincey's ascension was widely expected since he became chief operating officer in August 2015 after jobs that...

  • *Russell 2000, Dow Transport hit record highs. Dec 9- Wall Street's major indexes hit record highs for the third day in a row on Friday as the post-election rally got a lift from healthcare and technology stocks. The small cap Russell 2000 and the Dow Transport indexes also hit record intraday highs.

  • Muhtar Kent, chairman and CEO of Coca-Cola.

    Kent will continue as chairman of Coke's board, the company says.

  • Dec 9- Coca-Cola Co said Muhtar Kent would step aside as chief executive in May, after nine years at the helm, and be replaced by company veteran James Quincey, a widely anticipated move that comes as it tries to reduce dependence on its mainstay sugary carbonated drinks. His appointment as CEO was given a vote of confidence by Warren Buffett, CEO of Berkshire...

  • Dec 9- Coca-Cola Co said Muhtar Kent would step aside as chief executive on May 1 after about nine years at the helm, and be replaced by Chief Operating Officer James Quincey. His appointment as CEO was given a vote of confidence by Warren Buffett, CEO of Berkshire Hathaway Inc, which is Coca Cola's largest shareholder. The company's shares were up 1.4 percent at...

  • Kent: Most orderly CEO transition in Coke's history

    CNBC's Sara Eisen reports on her conversations with Muhtar Kent and James Quincey, outgoing and incoming CEOs of Coca-Cola. The "Squawk on the Street" crew discusses the transition.

  • Dec 9- Coca-Cola Co said Chief Executive Muhtar Kent will be replaced by Chief Operating Officer James Quincey, effective May 1, 2017.

  • Muhtar Kent to step down as Coca-Cola CEO

    Coca-Cola's top executive is leaving the company in May and James Quincey will replace him, reports "Squawk Box's" Andrew Ross Sorkin

  • BUENOS AIRES, Sept 13- Argentina is hoping a conference of nearly 2,000 top corporate executives that began on Tuesday will spark the capital investment needed to recharge its shrinking economy. Companies agree with Macri's policies, which have included export tax cuts and floating the peso currency, but they are waiting for signs that he can halt the...

  • *Q2 China bottling operations weak, juice sales hurt. July 27- Coca-Cola Co reported lower-than-expected quarterly revenue as higher sales in North America failed to make up for weakness in many of the company's emerging and developing markets, including China and Argentina. "Strong performance in some of our largest and most developed markets, including the...