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Coca-Cola Co News

26 Jul 2017

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.

05 Feb 2016

Wall 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.

13 Mar 2015

Coke 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.

24 Dec 2014

Coca-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.

15 Aug 2014

Coca-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.

29 Jul 2014

China 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.

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