Coke Says 2nd-Half Profit Will Miss Target
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Coca-Cola warned that its earnings will fall short of forecasts, pointing to competition in North America and poor weather in Europe.
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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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U.S. stocks were lower on Wednesday  after a profit warning from Coca-Cola Co. KO.N renewed  investors' doubts about earnings growth in the second half of  the year.
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ATLANTA -- Coca-Cola Co. warned investors to expect slower earnings and sales growth from the world's biggest soft drink company. But it said it is beefing up spending on marketing its core brands and on innovation as it tries to catch up with consumer's growing thirst for alternatives to soda.
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ATLANTA - The Coca-Cola Co. is lowering its long-term targets for earnings and growth in sales volume amid continuing weakness in key markets.
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Colgate-Palmolive Co. (CL.N: Quote, Profile, Research) on Monday warned that second-half earnings will fall well short of Wall Street forecasts due to higher marketing spending.
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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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Coke falls again on a reduced profit outlook. Bottom feeders, keep your eyes open.
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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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Coca-Cola Co. (KO.N: Quote, Profile, Research) , 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.
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Colgate-Palmolive Co., the world&#39;s largest toothpaste maker, said second-half profit will be less than analysts&#39; estimates because of higher marketing and raw material costs.
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A second-quarter profit doesn't erase concerns about this gambling company.
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Coca-Cola Bottling Co., the country&#39;s second-largest bottler of Coca-Cola drinks, said third-quarter earnings fell sharply as poor weather hurt results.
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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, but the results exceeded Wall Street estimates.
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The Coca-Cola Co. says its third-quarter per-share results will drop at least 24 per cent because of poor weather in Europe and problems executing its business strategy in North America.
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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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Coca-Cola Co. KO.N on Wednesday said  earnings for the remainder of 2004 would lag current  expectations because of weakness in key markets.