Coke Profit Boosted by Currency Changes
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Coca-Cola Co. KO.N on Wednesday  reported a slight rise in quarterly net income, boosted by the  impact of currency fluctuations and a late surge in demand for  soft drinks, juices and bottled waters.
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The Pepsi Bottling Group reported higher-than-expected profit yesterday, helped by cost controls and price increases, and raised its full-year forecast, sending its shares up.
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Profits got a boost despite sluggish sales from the challenging environment.
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NEW YORK, October 22  - Coca-Cola Company (KO.NYS) reported a 24% decline in its 3Q04 profits, driven primarily by the sluggish sales of its soft drink, juice and bottled water products in the US and European markets.
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The worldâs largest soft drink maker reported higher-than-expected quarterly profit on Wednesday, helped by higher sales, acquisitions and foreign exchange rates.
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Coca-Cola Co.  said on Tuesday  second-quarter profit rose slightly, helped by strength in  emerging markets such as China, Turkey, India and Brazil.
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Coca-Cola Enterprises Inc  reported quarterly earnings in line with estimates, as price increases driven by rising aluminum and sweetener costs cut into demand in North America.
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Coca-Cola Co. , the world's largest soft-drink maker, on Wednesday reported lower fourth-quarter net profit, hurt by an $2.9 billion impairment charge at its largest bottler.
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The world's No. 2 soft drink company said on Thursday  quarterly profit rose due to tax benefits.
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Anheuser-Busch (BUD:NYSE - news - research) guzzled higher third-quarter profits thanks to a foreign acquisition and some price increases.
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The Coca-Cola Co. has agreed to change sales practices that helped it win roughly half of the soft drink market in Europe as part of a settlement of a long-running antitrust investigation by the European Union.
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The company said profit in the latest quarter rose more than 10 percent on strong sales to mining, energy and construction customers outside the United States.
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Coca-Cola Co.  said on Tuesday second-quarter profit rose slightly, helped by strength in emerging markets such as China, Turkey, India and Brazil.
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PepsiCo Inc. PEP.N, the No. 2  soft-drink maker, on Thursday reported higher fourth-quarter  profit on volume growth, a strong pricing environment and a  favorable foreign exchange rate.
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Coca-Cola Co. KO.N, which warned  earlier this week of lower-than-expected profits this year,  said on Friday it will pay Chairman and Chief Executive Neville  Isdell $1.5 million a year.
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Global mining giant Anglo American on Wednesday said its 2007 net profit jumped 18 percent to 7.30 billion dollars (4.96 billion euros), boosted by high output and soaring metals prices.
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BRUSSELS, Belgium - The Coca-Cola Co. has agreed to change sales practices that helped it win roughly half of the soft-drink market in Europe.