Coca-Cola May Boost Investment in China

by | Nov 1, 2010 | Towing

Coca-Cola Company (KO) may increase its spending in China, according to CEO Muhtar Kent.

Coke, the world’s largest beverage company, will likely spend “a little more” than the $2 billion it had planned for China from 2009 to 2011, Kent told Bloomberg News.

“We’re ahead of our projections in investments,” Kent said.

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China’s soft-drink market grew 11% in 2009, according to Euromonitor…

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Coca-Cola May Boost Investment in China originally appeared on DailyFinance on Mon, 01 Nov 2010 06:29:00.

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Coca-Cola Earnings Rise to 88 Cents Per Share

by | Oct 19, 2010 | Towing

The Coca-Cola Company (KO) reported earnings of 88 cents per share for the third quarter, up 9% from a year earlier.

Net revenue rose 5% to $8.4 billion in the quarter, boosted by a strong performance in the North American market, the company said in a statement. International volume also rose 6% in the quarter.

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“We are very pleased with our third quarter performance,” CEO Muhtar…

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Coca-Cola Earnings Rise to 88 Cents Per Share originally appeared on DailyFinance on Tue, 19 Oct 2010 08:24:00.

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