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BUSINESS
February 13, 2003 | From Bloomberg News
Coca-Cola Co. said fourth-quarter earnings rose 1.8%, helped by sales in North America of new and acquired beverages such as Vanilla Coke and Evian water. Net income increased to $930 million, or 38 cents a share, Coca-Cola said. Sales rose 13% to $4.8 billion. Coca-Cola's shares rose 74 cents to $39.74 on the New York Stock Exchange.
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BUSINESS
January 24, 2014 | By Ricardo Lopez
PepsiCo Inc. announced plans Friday to invest $5 billion to expand in Mexico over the next five years, a move that will boost its production capacity and add 4,000 new jobs to the country's economy.  The beverage and snack maker said Mexico is "one of the most attractive markets in  Latin America , with a growing middle class and numerous opportunities for long-term economic growth. " The New York-based company has been investing aggressively in recent years to strengthen its business in emerging markets.
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BUSINESS
February 17, 2005 | From Bloomberg News
Coca-Cola Co. said fourth-quarter profit rose 30% on lower costs and an unexpected increase in sales. Net income climbed to $1.2 billion, or 50 cents a share, from $927 million, or 38 cents, a year earlier. Sales increased 1.6% to $5.26 billion, the Atlanta-based company said. Shares of Coca-Cola rose 65 cents to $43.30 on the NYSE.
BUSINESS
December 13, 2013 | By Ricardo Lopez
Coca-Cola Co. has announced that it will split its North America business into two units as it aims to return to a traditional franchising model. The Atlanta-based beverage giant also announced changes in its top leadership. The company said Thursday that effective Jan. 1, it have two new units --  Coca-Cola North America and Coca-Cola Refreshments.  J.A.M. Douglas has been appointed group president for Coca-Cola North America. Paul Mulligan will lead Coca-Cola Refreshments, the bottling division of the business, the company said.  Coca-Cola announced earlier this year that it would revamp the company as it tries to deal with a decline its soda business.
BUSINESS
June 1, 2002 | Associated Press
Procter & Gamble Co. sued Coca-Cola Co., accusing Coke's Minute Maid division of infringing P&G's patented calcium-supplemented fruit juice beverages. Dan Schafer, a Minute Maid spokesman, said Minute Maid will fight the lawsuit. Minute Maid has made its own calcium-fortified orange juice since 1987 and hasn't varied the formula since then, he said. Shares of Cincinnati-based Procter & Gamble rose 80 cents to $89.55. Atlanta-based Coca-Cola rose $1.17 to $55.56, both on the NYSE.
BUSINESS
August 15, 2003 | From Bloomberg News
Coca-Cola Co. asked a Georgia judge to dismiss a lawsuit by a fired executive whose claims prompted an accounting probe by federal authorities. Coca-Cola asked Judge Elizabeth E. Long to dismiss the lawsuit by Matthew Whitley, the ex-finance director of the company's fountain division, or at least delay pretrial evidence gathering until he identifies more facts to support his claims.
BUSINESS
April 2, 1998 | A Times staff writer
Coca-Cola Co. is betting that the Russian folk legend that inspired Igor Stravinsky's fabled Firebird ballet and "Suite" will be powerful enough to sell soft drinks. The five-part series of commercials that began airing in Moscow in February will also be shown in Europe and the U.S. In the ads, modern-day versions of the tale's hero and heroine win out over the forces of evil--all the while drinking Coke.
BUSINESS
March 21, 1990 | From Associated Press
Coca-Cola Co. lost its bid to return to India today when the government turned down an application that would have allowed the soft drink maker to compete with domestic producers. Even a spokesman for Coke's top competitor, Pepsi-Cola, criticized the move as a return to economic nationalism by India, which in recent years had encouraged foreign investment. Commerce Secretary S. P. Shukla said Coke's application to build a $3-million plant in an export zone had been rejected.
BUSINESS
December 27, 2002 | From Bloomberg News
PepsiCo Inc. lost a bid to revive a lawsuit that accused rival Coca-Cola Co., the world's largest soft-drink maker, of violating antitrust laws by forcing distributors to sell only its drinks to retailers. A two-judge appeals panel affirmed U.S. District Judge Loretta Preska's September 2000 ruling dismissing the lawsuit brought by the No.
BUSINESS
January 19, 2000 | Reuters
Coca-Cola Co., as it moves from the era of retiring Chairman and Chief Executive Douglas Ivester, anointed a strong second-in-command for the first time in several years. Coca-Cola said it intends to elect Jack Stahl, who oversees the company's prestigious operations in the Americas, as president and chief operating officer in April. Stahl, a 20-year veteran now responsible for operations that account for about half of Coca-Cola's revenue, will become the No.
BUSINESS
July 16, 2013 | By Ricardo Lopez, This post has been corrected. See the note below for details.
Coca-Cola Co. earnings Tuesday showed the beverage maker's key business -- soft drinks -- is fizzling as more health-conscious Americans drink less soda. The company's second-quarter volume growth came in well below expectations, showing declines in some parts of the world. Executives blamed currency exchange head winds, weak consumer confidence and wet, chilly weather. Net income for the quarter that ended June 28 fell 4% from the year-earlier quarter to $2.68 billion . Adjusted earnings came in at 63 cents a share.
BUSINESS
July 3, 2013 | By Stuart Pfeifer
Media mogul Barry Diller is speaking up about his recent tiff with the Federal Trade Commission involving his stake in Coca-Cola Co. The executive behind the launch of Fox Broadcasting and a former chief executive of Paramount Pictures has agreed to pay $480,000 to resolve FTC allegations that he failed to properly disclose his purchases of Coke stock between 2010 and 2012. Because the purchases brought his holdings above $63.4 million, he was required to disclose them to the FTC but failed to do so, the agency said.
NEWS
April 12, 2013 | By Jonathan Gold
There was a period in my life when I had lunch every Saturday at Kokomo, a lunch counter in that odd part of Farmers Market between DuPar's and the place where they grind the horseradish. Kokomo had a rack of movie magazines to read while you waited for your malted, and it was famous for its overloaded hamburgers and its New Orleans-style egg dishes. But the dish I ordered every time was the grilled cheese sandwich - the torta de queso al carbon - which was a crunchy, toasty thing stuffed with smoky gobs of chipotles pureed with sun-dried tomatoes, a few leaves of cilantro, and melted cheddar and provolone cheese that oozed from the crisped, sourdough toast with every bite.
BUSINESS
October 31, 2010 | By Andrew Leckey
Question: How will changes at Coca-Cola Co. affect my stock? Answer: Coca-Cola has been ranked the most valuable brand worldwide for the last 11 years by Interbrand, the global branding firm. The world's largest maker of soft drinks, the company sells more than 3,300 products in more than 200 countries. Almost three-fourths of its revenue is generated outside the U.S. For example, the company recently predicted its sales in Peru would hit $1 billion within five years.
BUSINESS
February 27, 2009 | Bloomberg News
Coca-Cola Co. and joint-venture partner Nestle agreed to pay $650,000 in a settlement with 27 states over claims that Enviga green tea burns calories, resulting in weight loss. Connecticut Atty. Gen. Richard Blumenthal began an inquiry in 2007 seeking evidence that consumers who drink Enviga burn more calories than they take in. Blumenthal, who had said the claim might be "voodoo nutrition," led the coalition of states and the District of Columbia in the settlement.
BUSINESS
October 16, 2008 | From Times Wire Services
Coca-Cola Co. said third-quarter profit rose more than analysts estimated as sales climbed in China and India. Net income increased 14% to $1.89 billion, or 81 cents a share, the Atlanta-based company said. Excluding some costs, per-share profit beat analysts' predictions by 6 cents. Sales rose 9.1%, with more than half the gain coming from favorable currency exchange rates.
BUSINESS
May 26, 2007 | From the Associated Press
Coca-Cola is betting big that Glaceau will help expand its water and energy drink offerings and jump-start North American sales. On Friday, the world's largest beverage maker said it would buy the maker of Vitaminwater for $4.1 billion in cash. Coca-Cola executives said the price tag, which is nearly twice what Glaceau's estimated value was less than a year ago and represents Coke's largest acquisition ever, was worth it.
BUSINESS
October 7, 2008 | From Bloomberg News
Coca-Cola Co. agreed to distribute Hansen Natural Corp.'s Monster -- the bestselling energy drink in the U.S. -- in Europe, Canada and some U.S. states. Coca-Cola will expand Monster internationally and boost sales of the drink beyond the more than a quarter of the U.S. energy drink market Hansen already controls. The deal also widens Coca-Cola's lead over PepsiCo Inc. in energy drink sales.
BUSINESS
July 4, 2008 | Alana Semuels, Times Staff Writer
What do the Mir spacecraft, Axl Rose and NASCAR have in common? They're all part of publicity stunts that could bring you some free junk food -- and help companies develop relationships with you, Mr. or Ms. Potential Customer. This weekend, if any of Coca-Cola Co.'s 13 sponsored drivers win in the NASCAR Sprint Cup Series, everyone in America can get a free 20-ounce bottle of Coke Zero by downloading a coupon from the company's website. A few months ago, Dr Pepper promised a free soda to everyone in America if Axl Rose puts out a new Guns N' Roses album in 2008.
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