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Coca-Cola's Stock Unmoved After Mixed Q1 Report
Tuesday, April 25, 2017 - 8:15am | 453Shares of The Coca-Cola Co (NYSE: KO) inched higher by 0.09 percent early Tuesday morning after the company reported its first-quarter results. Q1 Print And Executive Commentary Coca-Cola said it earned $0.43 per share in the quarter on revenue of $9.12 billion. Wall Street analysts were expecting...
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How Sweet Were The Soda Pop Quarterly Prints?
Wednesday, February 15, 2017 - 11:01am | 420PepsiCo, Inc. (NYSE: PEP)'s earnings report marks an end to earnings season for the soda and beverage makers. Here is a look at how the group performed. PepsiCo PepsiCo earned $1.20 per share in the fourth quarter on revenue of $19.52 billion. Wall Street analysts were expecting the company to...
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Coca-Cola Reports Better-Than-Expected Q4, Offers 2016 Guidance
Tuesday, February 9, 2016 - 8:48am | 322Shares of The Coca-Cola Co (NYSE: KO) were trading lower by around 0.68 percent early Tuesday morning after the company reported its fourth quarter results. Coca-Cola said that it earned $0.38 per share in the fourth quarter on revenue of $10.0 billion. Wall Street analysts were expecting the...
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Keurig Green Mountain Bought Out In $13 Billion Deal; Acquiring Firm Building Quite The Coffee Portfolio
Monday, December 7, 2015 - 9:55am | 482Shares of Keurig Green Mountain Inc (NASDAQ: GMCR) lost more than 60 percent over the past year and traded as high as $141.69 over the past 52 weeks. Keurig confirmed on Monday it will be acquired by an investor group led by JAB Holding Company. JAB Holding Company is a private company...
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Coca-Cola's Management Shakeup: Bringing 'A Knife To A Gun Fight?'
Sunday, August 16, 2015 - 1:17pm | 384Beverage giant The Coca-Cola Co (NYSE: KO) announced last Thursday that James Quincey will be the new president and chief operating officer of the company. Coca-Cola also announced Ahmet Bozer, who was earlier considered by the Street as the successor to CEO Muhtar Kent, will be retiring,...
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Top Retail Analyst: Starbucks' New 'Mini' Drinks Cuts Calories But Not Profits
Monday, May 11, 2015 - 8:46am | 283Starbucks Corporation (NASDAQ: SBUX) will sell a 10-ounce mini Frappuccino at stores in the U.S. and Canada until July 6. Consumers looking to cut back on calories will be happy to know that when made with whole milk, the mini frap will weigh in at 120 calories and 24 grams of sugar – a noticeable...
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Coca-Cola CEO Talks Strategy
Monday, April 27, 2015 - 7:59am | 354The Coca-Cola Co (NYSE: KO) recently declared its quarterly results which were better than Street’s estimates. However, growth for the company in the past few quarters has been a continuous challenge. Muhtar Kent, Coca-Cola chairman and CEO, was on CNBC to talk about what strategy he is...
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Coca-Cola Enters Into Long-Term Strategic Partnership With Monster
Thursday, August 14, 2014 - 5:04pm | 223Coca-Cola Company (NYSE: KO) and Monster Beverage (NASDAQ: MNST) announced a long-term strategic partnership after Thursday's market close. As part of the deal, Coca-Cola will purchase a 16.7 percent equity stake in Monster and will make Monster its sole play in the energy drink space....
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Buffett Abstained From Coke Vote, Out Of Respect
Wednesday, April 30, 2014 - 4:12pm | 478The recent Coca-Cola (NYSE: KO) shareholders meeting showed that 83 percent of shareholders voted in favor of the company's compensation and equity plans. Billionaire investor and major stakeholder Warren Buffett later appeared on CNBC, to discuss why he chose to step back from the vote, as...
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Blame It On Coca-Cola: Green Mountain Up, SodaStream Down
Thursday, February 6, 2014 - 10:30am | 603What a difference a little competition makes. Shares of Green Mountain Coffee Roasters (NASDAQ: GMCR) were up more than 43 percent to $116.00 in pre-market trading Thursday, while rival, SodaStream (NASDAQ: SODA) fell almost five percent to $37.55. (Update: Shares initially traded lower, but...
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Coca-Cola Plans Presence in Myanmar
Friday, June 15, 2012 - 7:16am | 359Soft drink giant Coca-Cola (NYSE: KO) is planning to return to Myanmar, one of only three countries in the world where the company does not currently do business. It has been 60 years since Coca-Cola had any sort of presence in Myanmar, also known as Burma but officially called the Republic of the...