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.

Sponsored Links

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: , ,

Halloween 2010: More Treat Than Trick

by | Oct 29, 2010 | Towing

Halloween spending is expected to grow 3.9% in 2010 to $6.2 billion, a rebound from a disappointing 2009. Given the scary economy, laughing at the ghouls and goblins of Halloween is a good way to blow off steam.
…

Samsung Forecasts Weaker Fourth Quarter on Falling Prices

by | Oct 29, 2010 | Towing

Samsung Electronics (SSNHY), the world’s biggest maker of TVs, expects weaker fourth quarter earnings because of lower prices and a stronger South Korean won.

The fourth quarter will see “severe” competition in TV prices, Samsung said, according to B…

Estee Lauder Reports Earnings of 95 Cents Per Share

by | Oct 29, 2010 | Towing

The Estee Lauder Companies (EL) reported earnings of 95 cents per share for the quarter ended Sept. 30, compared with 71 cents per share a year earlier.

Sales rose 14% to $2.09 billion, the company said in a statement.

Sponsored Links

The results included charges associated with restructuring activities, which amounted to 2 cents per share.

“We had an excellent quarter and made a strong entrance…

Continue reading Estee Lauder Reports Earnings of 95 Cents Per Share

Estee Lauder Reports Earnings of 95 Cents Per Share originally appeared on DailyFinance on Fri, 29 Oct 2010 07:48:00.

Filed Under: , ,