Coke Rethinks Goals as Company Faces Slower Growth
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Coca-Cola cut its long-term growth targets yesterday in a bid to create more realistic goals, but the company also expressed a firm belief that it can find ways to recharge its global business.
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Soft-drink giant Coca-Cola Co. warned Wednesday that third-quarter and second-half results will fall short of expectations because of soft sales.
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Third time's a charm. At least, that's what Coca-Cola is hoping as it rolls out the third tagline in four years for its flagship brand.
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ATLANTA: Coca-Cola&#39;s new chairman and chief executive, Neville Isdell, says bolstering the soft drink group&#39;s depleted management ranks will be a key priority as he embarks on a make-over of the slumping company.
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ATLANTA - Coca-Cola Co. will damp growth prospects for next year and outline plans to increase &quot;marketing and innovation expenses&quot; by as much as $400 million on an annual basis when management speaks to analysts and investors later Thursday.
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Coca-Cola Co.  Chief Executive E. Neville Isdell on Thursday reiterated that the soft drink maker expects solid long-term growth in revenue and volume and high-single-digit growth in earnings per share despite "strong headwinds" in North America.
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Despite its much-needed product, the company's growth potential is limited.
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Coke (KO) lowered its long-term targets for earnings and sales volume growth amid continuing weakness in key markets including North America, said it missed the health trend, and said it plans to boost spending on marketing its core brands
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Cadbury Schweppes Plc, the maker of 7Up and Dr Pepper, said 2004 earnings will be at the low end of forecasts as demand in the US and Europe stagnates, days after Coca-Cola Co.
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COCA-Colaâs agreement with the European Union is the first sign that new chief executive Neville Isdellâs painfully slow reform of the company may at last be getting under way.
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Coke falls again on a reduced profit outlook. Bottom feeders, keep your eyes open.
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Coca-Cola Co. KO.N, amid signs that  is it losing market share to arch rival Pepsi, on Wednesday  warned that profit would lag Wall Street expectations for the  rest of the year because of weakness in key markets and said  there was no quick fix for its problems.
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Coca-Cola Co.  Chief Executive E. Neville Isdell on Thursday reiterated that the soft drink maker expects solid long-term revenue and volume growth, and high-single-digit growth in earnings per share despite "strong headwinds" in North America.
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Soft drink giant Coca-Cola Co. KO.N,  stung by a prolonged downturn in North America and other  markets, announced on Thursday that it was lowering key   long-term earnings and sales targets.
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Neville Isdell contends up to two years needed to change the fortunes of soft drink manufacturer. NEW YORK (CNN/Money) - Coca-Cola Co.
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ATLANTA - Soft-drink giant Coca-Cola Co. warned today that third-quarter and second-half results will fall short of expectations because of soft sales.
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The world&#39;s largest soft drink maker, Coca Cola, has lowered its sales targets. The news, coming from the company&#39;s new CEO, Neville Isdell, is the latest gloomy forecast from the beverage giant.