March 4, 2008 |
Microsoft Corp. said Monday it would begin selling Web-based programs to smaller customers, countering a challenge from Google Inc. The company would begin testing online editions of its Exchange and SharePoint Server programs for companies with fewer than 5,000 employees, Senior Vice President Chris Capossela said. Blockbuster Inc. and Coca-Cola Enterprises Inc. are already customers for a service designed for larger companies, he said.
February 20, 1987
Coca-Cola Co. on Thursday posted a 66.1% surge in fourth-quarter earnings over the same period a year earlier, largely due to sales from the initial public offering of stock in its bottling operations. The beverage, foods and entertainment giant earned $314.5 million in the final three months of 1986, compared to $189.4 million in the same period in 1985. Revenue rose 10.9% to $2.15 billion in the fourth quarter from $1.94 billion in the fourth-quarter of 1985.
October 18, 2001 |
Three Coca-Cola bottling companies agreed Wednesday to pay $20.2 million to 1,100 route salesmen in California to compensate them for back overtime in a settlement that is expected to fuel a spate of similar lawsuits in the state against companies with outside sales forces. The Coke settlement is the latest in a string of victories in overtime lawsuits filed by white-collar workers, who until now primarily have been managers and administrators.
February 14, 2007 |
Coca-Cola Enterprises Inc., the biggest bottler of Coca-Cola beverages, said Tuesday that it would cut about 3,500 jobs, or 4.7% of its workforce, as it reported a whopping $1.7-billion loss in its fourth quarter. The Atlanta-based company said it expected to report a corresponding charge of about $300 million, which would be booked this year and in 2008.
October 7, 2008 |
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.
May 7, 1989 |
A shopping center developer and his son, both graduates of Notre Dame, will give the school one of the largest donations ever bestowed on an American university, the university announced. Developers Edward J. DeBartolo and Edward J. DeBartolo Jr. will donate $33 million for construction of a campus quadrangle that will include a classroom building and a performing arts center. "We hope that the thousands of students who follow us will benefit from the enhancement of the quality of educational opportunities at Notre Dame," said the elder DeBartolo.
June 2, 2005 |
Teamsters negotiators reached a deal with Coca-Cola Enterprises Inc. early Wednesday morning that, if ratified by members today, will end the union's 10-day-old strike against the company's seven Los Angeles-area bottling and distribution plants. "We're recommending ratification," said Patrick D. Kelly, secretary-treasurer of the International Brotherhood of Teamsters Local 952.
September 4, 1999 |
Coca-Cola Co. warned on Friday that its third-quarter earnings will fall short of analyst estimates because of a product recall in Europe, higher marketing costs and sluggish sales in struggling foreign countries. The world's largest soft-drink maker said it expects profit in the range of 34 to 35 cents a share for the third quarter, compared with 35 cents a year ago. It would be the fourth-straight quarter of lower earnings for Coke.