A year ago, few expected Angry Birds or Groupon to be among 2010’s stars, but the underlying trends that powered their success were plain enough. So picking individual companies to rise or fall this year isn’t worthwhile. What …
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.
China’s soft-drink market grew 11% in 2009, according to Euromonitor…
Continue reading Coca-Cola May Boost Investment in China
Coca-Cola May Boost Investment in China originally appeared on DailyFinance on Mon, 01 Nov 2010 06:29:00.
Filed Under: Company News, Coca-Cola Company, Retail
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.
“We are very pleased with our third quarter performance,” CEO Muhtar…
Continue reading Coca-Cola Earnings Rise to 88 Cents Per Share
Coca-Cola Earnings Rise to 88 Cents Per Share originally appeared on DailyFinance on Tue, 19 Oct 2010 08:24:00.
Filed Under: Company News, Earnings, Coca-Cola Company, Retail
Among Thursday’s best online stories for investors, Nouriel Roubini explains how to avoid a double-dip recession, Melinda Gates discusses philanthropy, and a great profile of super hedge fund AQR Capital Management.
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Knowing customers’ likes and dislikes is about as basic as it gets in retailing. But for years, national department stores got it wrong. More concerned with controlling costs, big retailers focused on sameness. Not anymore.
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