Coca-Cola profit drops 60% on refranchising charge
Coca-Cola Co reported a 60.2 percent drop in quarterly profit, as the beverage maker incurred a charge of $653 million related to refranchising its North America bottling operations.
Jul 26, 2017, 16:54 PM ISTWall Street Weekahead: For Coke and Pepsi, Super Bowl is market share play
Coca-Cola Co, PepsiCo and other consumer-facing companies spending big bucks to advertise during Sunday`s Super Bowl football extravaganza will be making a play for more market share to offset a slow economy and less overseas revenue.
Feb 06, 2016, 02:10 AM ISTCoke CEO declines bonus as company performance falls short
Coca-Cola Co said on Thursday its chief executive declined a $2.5 million bonus in 2014 while other top-level employees received lower-than-expected compensation as the world`s largest soda maker struggles to boost revenues amid sluggish demand for soft drinks.
Mar 13, 2015, 09:04 AM ISTCoca-Cola Co to cut up to 2,000 jobs in coming weeks: Reports
Coca-Cola Co plans to cut 1,000-2,000 jobs globally in the coming weeks, the Wall Street Journal reported, citing people familiar with the matter.
Dec 24, 2014, 09:09 AM ISTCoca-Cola pays $2.2 billion for major stake in Monster Beverage
Coca-Cola Co (KO.N) said Thursday it is making a cash payment of $2.15 billion for a 16.7 percent stake in Monster Beverage Corp (MNST.O) as the world's largest soda maker seeks to expand into faster-growing categories such as energy drinks.
Aug 15, 2014, 21:49 PM ISTChina brands beat global rivals with tea toothpaste, pickled plums
The Coca-Cola Co, Procter & Gamble Co and Colgate-Palmolive Co are being forced to adapt as the challenge posed by local firms intensifies in a slowing economy.
Jul 29, 2014, 10:22 AM IST