June 1, 2002 |
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.
August 15, 2003 |
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.
April 2, 1998 |
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.
March 21, 1990 |
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.
December 27, 2002 |
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.
January 19, 2000 |
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.