Analyst says beverage shares to improve, rates PepsiCo Inc. as top in sectorSeptember 17th, 2009 Sector Snap: Beverage shares offer good valuationMILWAUKEE — Shares of the beverage sector, including companies such as PepsiCo Inc. and Dr Pepper Snapple Group Inc., have been underperforming the Standard & Poor's 500 stock index and offer attractive valuations for investors, an analyst said Thursday.
Coca-Cola says Chinese ex-employee detained by police in what reports call bribery probeSeptember 13th, 2009 Coca-Cola says Chinese ex-employee in police probeBEIJING — A former employee of a Coca-Cola Co. bottling plant in China has been detained by police, a company official said Sunday, amid news reports that the person was being investigated for allegedly accepting bribes of almost $1.5 million.
Coca Cola to harvest 1 cr-lt rainwater annually September 9th, 2009 Kolkata, Sept 8 (IBNS) SOS Children’s Villages of India along with Coca-Cola India today announced the completion of work of the rainwater harvesting project (RWH) at SOS Children’s Village at Bidhan Nagar in Kolkata and dedicated it to the children of the Village and the local community. The RWH project has the potential to harvest one crore litre of rainwater annually at normal rainfall.
Coca-Cola to invest $200 million in Vietnam in the next 3 yearsSeptember 4th, 2009 Coca-Cola to invest $200 million in VietnamATLANTA — Coca-Cola Co. says it plans to invest an additional $200 million in Vietnam in the next three years.
Coca-Cola to invest $5 bn in MexicoAugust 21st, 2009 TEPOZOTLAN - The Coca-Cola Company plans to invest $5 billion over the next five years in Mexico to boost its presence in the country. Mexico ranks second after US in market share of the company.
UBS analyst raises rating on Coca-Cola Enterprises, sees gains from rival bottler dealAugust 13th, 2009 Analyst upgrades Coca-Cola Enterprises to 'Buy'NEW YORK — A UBS analyst upgraded shares of Coca-Cola Enterprises on Thursday and said the soft drink bottler will benefit from rival PepsiCo Inc.'s deal with its bottlers. UBS analyst Kaumil S.
Coca-Cola names Tripodi as executive vice president; Anderson to become senior vice presidentJuly 23rd, 2009 Coca-Cola names Tripodi executive vice presidentATLANTA — Coca-Cola Co.'s board said Thursday that it appointed Chief Marketing and Commercial Officer Joseph Tripodi as executive vice president. The world's largest beverage maker made several other executive moves as well, including naming Harry Anderson as senior vice president.
Coca-Cola 2nd-quarter profit rises 43 pct; sales fall on effects of strengthening dollarJuly 21st, 2009 Coca-Cola 2nd-quarter profit rises 43 percentMILWAUKEE — Coca-Cola Co.'s second-quarter profit rose 43 percent, and the world's largest beverage maker said Tuesday its rapid overseas growth helped offset weak domestic volumes, even as foreign currency exchange dragged down sales. Results for the maker of Coke, Sprite and VitaminWater beat expectations, though the stock fell slightly as investors reacted to the company's announcement that it expected foreign currency to drag down results by as much as the same amount — 14 percent — in the third quarter.
Coca-Cola sees 33 percent growth in IndiaJuly 21st, 2009 NEW DELHI - Coca-Cola has registered a 33 percent growth in sales in India during the second quarter ended July 3, the soft drink major said Tuesday. Supported by the high growth in India as well as China, the company also saw its revenues increase to $2.04 billion, or 88 cents per share, in the quarter under review, as against $1.42 billion, or 61 cents per share, earned in the year-ago period.
Coming soon, green tea-flavoured colaJune 5th, 2009 NEW DELHI - Japan will soon have cola flavoured with green tea or basil. Coca Cola (Japan) Co spokesman Katsuya Sato has announced that green tea-flavoured Coca-Cola will hit Japanese stores on Monday.
Coca-Cola CEO: Beverage maker to take advantage of economic crisis, expand businessApril 22nd, 2009 Coca-Cola CEO says company to grow in tough timesDULUTH, Ga. — Coca-Cola Co.
Coca-Cola 1st-qtr profit drops 10 percent on charges, write-downs and strong dollarApril 21st, 2009 Coca-Cola 1st-qtr profit falls on charges, dollarMILWAUKEE — Consumers overseas bought more Coca-Cola products in the first quarter than a year earlier, but the company's first-quarter profit fell 10 percent because of one-time costs and the dollar's strength abroad, Coca-Cola Co. said Tuesday.
Oz consumer body tells Coke to correct myth-related adApril 2nd, 2009 SYDNEY - The Australian Competition and Consumer Commission has ordered soft drink giant Coca-Cola to correct its controversial "Motherhood and Myth-Busting" advertising campaign featuring actor Kerry Armstrong. Using the wholesome motherly image of Armstrong to convince parents the soft drink was "kiddy-safe", the advertisements claimed Coca-Cola did not make children fat, did not rot their teeth and was not packed with large amounts of caffeine.
Coca Cola launches Fanta Apple nationallyFebruary 1st, 2009 NEW DELHI - After successfully introducing it in southern markets last year, beverage giant Coca Cola India Monday launched its fruit-flavoured soft drink 'Fanta Apple' nationally. The drink was initially introduced in the markets of Andhra Pradesh and Tamil Nadu in October and December 2008, respectively.
Coca Cola, SOS Villages to take on rainwater harvestingJanuary 19th, 2009 NEW DELHI - Coca Cola India and SOS Children's Villages of India will jointly undertake rainwater harvesting to ensure sustainable water resources in 39 SOS villages across the country. 'The Coca Cola Foundation of the US has granted $391,920 for the project and it has been forwarded to us by Coca Cola India,' SOS Children's Villages of India president S.