Coke cuts growth goals, saying it missed trends
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ATLANTA Coca-Cola, the world&#39;s biggest maker of soft drinks, said Thursday that it was scaling back its long-term targets for sales volume and earnings growth amid continuing weakness in key markets including North America.
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Atlanta - The Coca-Cola Co. reported a 24 percent drop in third-quarter profit on flat revenue, but beat analysts reduced expectations that were tempered after the beverage giant&#39;s previous warnings.
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Soft drink giant Coca-Cola Co. , 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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Coca-Cola (KO) reported a 24% drop in third-quarter profit on flat revenue, but beat analysts&#39; reduced expectations that were issued after the beverage giant&#39;s previous warnings.
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Coca-Cola Co.  on Thursday reported a 24 percent drop in third-quarter net income due to weak sales of its soft drinks, juices and bottled waters in Germany, North America and other key markets.
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Coca-Cola Co.  on Thursday reported a 24 percent drop in third-quarter net income due to weak sales of its soft drinks, juices and bottled waters in Germany and other key markets.
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BRUSSELS -- Coca-Cola agreed Tuesday to dramatically change the way it sells soft drinks in Europe, ending a five-year investigation into allegations that Coke abused its power to keep rivals out of the market.
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COCA-COLA has warned that its earnings for the rest of 2004 will be below expectations because of weakness in key markets, highlighting the divergent fortunes of the company and its top rival, PepsiCo.
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Coca-Cola Co. on Thursday reported a sharp drop in quarterly net income due to weak sales of its soft drinks, juices and bottled waters in Germany and other key markets.
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he Coca-Cola Company warned yesterday that its earnings for the second half of the year would fall short of forecasts, citing competitive pressures in North America and unseasonably cool and rainy weather in Europe.
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The Coca-Cola Company said yesterday that profit fell 22 percent after its largest bottler wrote down the value of its North American unit on reduced soda sales and higher raw material costs.
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Coca-Cola&#39;s worldwide sales volume barely budged in the third quarter, while profits tumbled 24 percent. With those results, new Chairman and Chief Executive E. Neville Isdell was left to reiterate what he&#39;s
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Coca-Cola Enterprises Inc.  said on Tuesday it took a $2.9 billion impairment charge in 2006, and the largest bottler of Coca-Cola  drinks plans to cut about 3,500 jobs, or 5 percent of its global work force.
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NEW YORK - In a nod to Wall Streetâs frustrations with his companyâs repeated failure to meet earnings expectations, Coca-Cola CEO Neville Isdell on Thursday cut Cokeâs long-term forecasts while announcing a big boost in annual marketing dollars.
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Coca-Cola Enterprises Inc. , the world's largest bottler of Coca-Cola drinks, on Wednesday lowered its earnings forecast for the year, citing lower-than expected volume in North America and Europe.
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ATLANTA - Coca-Cola Enterprises Inc., the largest bottler of Coca-Cola products, lowered its full-year earnings outlook and put its third-quarter forecast below analysts&#39; expectations due to softer-than-expected volume trends.
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Coca-Cola Co. KO.N on Wednesday said  earnings for the remainder of 2004 would lag current  expectations because of weakness in key markets.