Tag: Coca-Cola


Coca-Cola shares drop $4 billion after Cristiano Ronaldo’s gesture to drink water

June 16, 2021


Cristiano Ronaldo’s gesture for people to drink water instead of Coke at a Euro 2020 press conference may have cost the soda company $4 billion in market value. Coca-Cola shares dropped from $56.17 to $55.22 after Ronaldo moved two Coke […]

Finance Tech, Trading

Coca-Cola shares jump 3% after earnings beat

April 23, 2019


Coca-Cola on Tuesday reported quarterly earnings and revenue that beat analysts’ expectations. Shares of the company jumped 3% in premarket trading. “We’re encouraged by our first quarter results as our disciplined growth strategies continue to deliver strong underlying performance,” Coca-Cola […]

Enterprise, Industries

Coca-Cola shares drop after weak earnings outlook

February 14, 2019


Coca-Cola on Thursday reported quarterly earnings that were in line with analysts’ expectations for the year, but fell short in their expected earnings for 2019. Shares of the company dropped 2 percent in premarket trading. The company expects that in […]

Industries, Retail & Wholesale

The 5 Best Retail Stocks to Buy for 2019—Along With Amazon

November 19, 2018

Via: Fortune

Consumer spending is still strong: It accounted for more than three-quarters of GDP growth in the most recent quarter. But Melda Mergen, deputy global head of equities for Columbia Threadneedle Investments, for one, is expecting consumers to spend less in […]

Industries, Retail & Wholesale

Here’s Why Coca-Cola Is Buying Costa Coffee for $5.1 Billion

August 31, 2018

Via: Fortune

The Coca-Cola Company is buying U.K.-based Costa Limited, a global coffee chain with almost 4,000 retail outlets, for $5.1 billion, it announced today. While Costa does not compete in the U.S. market, it is the U.K.’s leading coffee chain and […]


Anheuser-Busch InBev shares fall flat on talk of a Coca-Cola deal

November 15, 2016


Shares of Anheuser-Busch InBev ended Monday down 1.85 percent on a report that the brewer might have its eyes on U.S. beverage giant Coca-Cola for its next acquisition. InBev, the world’s largest brewer, already completed a $107 billion purchase of […]

Industries, Others

Coca-Cola’s revenues were crushed by some Latin American countries (KO)

October 26, 2016

Via: Business Insider

Coca-Cola reported a 7 percent drop in quarterly revenue, hurt by high levels of inflation in certain Latin American countries and divestitures of some bottling business. The company said net income attributable to its shareholders fell to $1.05 billion, or 24 […]

Enterprise, Industries

Coca-Cola earnings beat, sales slide 4% (KO)

April 20, 2016

Via: Business Insider

Coca-Cola reported first quarter profits that topped analysts’ estimates on Wednesday, with a sales decline. Read More on Business Insider

Industries, Others

U.S. Soda Consumption Falls to 30-Year Low

March 30, 2016

Via: Time

Slumping demand for diet sodas sold by PepsiCo and Coca Cola propelled a decline for the broader industry, as overall sales of carbonated soft drinks dropped for the 11th consecutive year in the U.S. Total volume declined 1.2% in 2015, […]


Coca-Cola to consolidate U.S. bottlers under new supply system

September 24, 2015

Via: itCurated

Coca-Cola Co. said Thursday that it plans to bring some of its top U.S. bottlers together under a new supply system, the soda giant’s latest move to cut costs amid tepid sales. Coke KO, -0.08%  said the new national supply […]