Tag Archives: Coca Cola Co

Business, Finance, Occupation & Industry

Coca-Cola Per-Share Earnings Fall 13% in the First Quarter

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By The Associated Press

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Justin Sullivan/AP

Coca-Cola Co.’s first-quarter results came in above expectations as the world’s biggest beverage maker saw global sales volume grow.

The Atlanta-based company said it earned $1.75 billion, or 39 cents a share, for the period ended March 29. That’s down from $2.1 billion, or 45 cents a share, a year earlier.

Not including one-time items such as restructuring charges, however, Coca-Cola said it earned 46 cents a share, better than the 45 cents a share analysts expected.

Net revenue declined to $11.04 billion, from $11.14 billion a year ago, hurt by foreign currency exchange rates and two fewer selling days in the period. Analysts expected $10.97 billion.

Coca-Cola Co. (KO) also announced it was starting to refranchise its U.S. business by giving bottlers expanded territories.

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From: http://www.dailyfinance.com/2013/04/16/coca-cola-first-quarter-earnings/

Articles of Interest

Pepsi Rolls Out New 20-Ounce Bottle

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By The Huffington Post News Editors

NEW YORK (AP) — Pepsi is rolling out a new shape for its 20-ounce bottle for the first time in about 17 years.

The new bottle has a contoured bottom half that appears easier to grip, and the wraparound label is shorter so that more of the drink is exposed. The change follows a number of splashy moves in the past year by PepsiCo to improve results for its namesake soda, including a multiyear deal to sponsor the Super Bowl halftime show and a wide-ranging deal with pop star Beyonce.

PepsiCo Inc., based in Purchase, N.Y., has been working to revitalize the brand after losing market share to Coca-Cola Co. in recent years.

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Source: FULL ARTICLE at Huffington Post

News, Politics, Government

Donald Yacktman Buys Dell Inc, Stryker, Coca-Cola, IBM, Sells Research in Motion, H&R Block

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By GuruFocus, Contributor This is the portfolio update of Yacktman Asset Management. We also track Yacktman Fund and Yacktman Focused Fund, which are reported separately. Over the fourth quarter Donald Yacktman initiated two new positions in the technology field. One is Dell, and the other is IBM. IBM is still a tiny position. We expect to see Yacktman to add much more over the next quarter. He also added to Stryker Corporation, Coca-Cola Co, PepsiCo Inc, Avon Products Inc, Wells Fargo & Co, sells Research in Motion Ltd, H&R Block during the 3-months ended 12/31/2012, according to the most recent filings of his investment company, Yacktman Asset Management Co. As of 12/31/2012, Yacktman Asset Management Co. owns 63 stocks with a total value of $16.7 billion. These are the details of the buys and sells.
Source: FULL ARTICLE at Forbes Latest

Business, Finance, Occupation & Industry

Broker Darlings of the Dow: Coca-Cola Ranks As a Top 15 Analyst Pick

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By DividendChannel.com A study of analyst recommendations at the major brokerages shows that Coca-Cola Co (NYSE: KO) is the #5 broker pick, on average, out of the 30 stocks making up the Dow Jones Industrial Average, according to ETF Channel. Coca-Cola Co also comes in above the median of analyst picks among the broader S&P 500 index components, claiming the #109 spot out of 500.
Source: FULL ARTICLE at Forbes Markets

Business, Finance, Occupation & Industry

Coca-Cola Crosses Above Key Moving Average Level

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By DividendChannel.comIn trading on Friday, shares of Coca-Cola Co (NYSE: KO) crossed above their 200 day moving average of $37.71, changing hands as high as $43.13 per share. Coca-Cola Co shares are currently trading off about 0.5% on the day. The chart below shows the one year performance of KO shares, versus its 200 day moving average:
Source: Forbes Markets