Coca-Cola Co warned on Monday consumer demand could slow as rampant inflation shows no sign of cooling and said it was focusing on more affordable and refillable glass bottles in markets facing the biggest pinch from price increases. Demand for sodas and other packaged foods has so far held strong despite price increases that resulted…
Coca-Cola Turns to Refillable Glass Bottles in Fight Against Inflation
Coca-Cola, PepsiCo to Stop Selling Drinks, Suspend Operations in Russia
Coca-Cola and PepsiCo are suspending their operations in Russia in response to the country’s invasion of Ukraine, the beverage companies announced on Tuesday. The companies join a host of other leading U.S. brands in boycotting the country in recent days as a sign of solidarity with the former Soviet nation. Starbucks also announced Tuesday that it is pulling the…
Stock Wars: Coca-Cola vs. PepsiCo
Benzinga’s weekly Stock Wars matches up two leaders in a major industry sector with the goal of determining which company is the better investment. This week, the duel is between two powerhouse rivals in the beverage space: Coca-Cola Co and PepsiCo, Inc. The Case For Coca-Cola This company traces its roots to John Stith Pemberton, a…
Coca-Cola Company Names WPP as Global Marketing Network Partner
LONDON—WPP, the world’s biggest advertising company, will become global marketing network partner for the Coca-Cola Company, the two companies said on Monday. The contract is another fillip for WPP which last month raised its annual sales forecast and said that much better than expected third-quarter trading showed a structural change to its growth rate. WPP…
Coca-Cola to Fully Acquire Gatorade Rival BodyArmor for $5.6 Billion
Coca-Cola Co. said on Monday it would buy the remaining stake in BodyArmor it did not already own for $5.6 billion, as the soda maker amps up its sports drink portfolio to take on market leader, PepsiCo Inc.’s Gatorade. The deal marks a shift in strategy for the world’s largest beverage maker after it spent…
Is Coca-Cola’s Stock Overvalued Or Undervalued?
News Analysis Coca-Cola Co. shares have lagged the S&P 500 in 2021, generating a year-to-date total return of just 4.6 percent. Coca-Cola has struggled to keep up with the overall market for more than a decade now. At this point, investors may be wondering if there’s any value left in Coca-Cola shares. Earnings A price-to-earnings…
Coca-Cola Third-Quarter Earnings Top Analysts’ Estimates, Promoting It to Increase Its Annual Outlook
October 27, 2021
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Business & EconomyCoca ColaCompaniespandemicpresident joe bidensupply chain crisissupply shortagesWall Street
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Coca-Cola’s fiscal third-quarter earnings and sales exceeded Wall Street analysts’ estimates on Wednesday thanks to an improvement in its away-from-home channels such as restaurants, cafes, and cinemas, prompting it to increase its annual outlook again. In a press release, Chairman and CEO James Quincey said that Coca-Cola’s strategic transformation had allowed it to emerge from the pandemic as a stronger…
This Bottle of Coca-Cola Was Sold for $ 2,500
By Entrepreneur Staff How far would you go as a collector? A bottle of Coca-Cola, commemorating the Summer Olympics that took place in Seoul, South Korea, in 1988 was sold for $ 2,500. According to Rarest.org, the bottle was sold in a commemorative cardboard box, it has the Olympic art of that year on all…
‘Pathetic and Disgraceful’: Lawmakers Blast Coca-Cola, Visa, Airbnb for Supporting Beijing ‘Genocide Olympics’
July 28, 2021
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airbnbBeijing OlympicsBusinessBusiness & EconomyChinaChina Human RightsChinese RegimeCoca ColaCompaniesProcter & Gamblevisa
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Coca-Cola, Airbnb, Procter & Gamble, and Visa—U.S. sponsors for the 2022 Beijing Olympics—have proudly declared that they support human rights globally. But that support became less clear when it came to responding to the Chinese regime’s gross rights violations. At a July 27 congressional hearing on corporate sponsorship of the Beijing games, representatives from the…
NTD Evening News Full Broadcast (June 21)
Nebraska is sending state patrol troopers to the Texas border later this month, the Supreme Court sides with student athletes to allow for more player compensation, and a group of shareholders is warning Coca-Cola over it’s diversity policy.
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