Coke to alter sales practices
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Coca-Cola on Friday agreed to alter its sales practices in some European markets, an offer likely to bring to an end a five-year investigation by the European Commission into whether the soft drinks giant was stifling retail competition.
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Take a big gulp: Citing persistent weakness in key markets, Coca-Cola (nyse: KO - news - people ) is reducing its long-term targets for sales volume and earnings growth.
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Coca-Cola, the world's largest maker of soft drinks, issues a profit warning, partly  blaming the impact of cold and wet weather in northern Europe.
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Coca-Cola's chief executive yesterday said the world's largest beverage maker needs to work harder, better execute its strategy, and improve its culture as he warned that third-quarter per-share income will drop at least 24 percent from a year ago. In a speech to employees, CEO Neville Isdell said:
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The Coca-Cola Co. KO.N is in talks to   take over management and control of the soft drinks arm of the   Philippines' San Miguel Corp. SMCB.PS, though a formal deal   has yet be agreed, a Coke official said on Monday.
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The Coca-Cola Co. is forecasting weakness in its key markets next year and is scaling back its long-term targets for earnings and sales volume growth.
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Coca-Cola Co.  said on Friday that it is reorganizing its North American business to better reflect its strategic focus and creating three new business units for its sodas and other beverages as part of the change.
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Multi-year Partnership Announced with WWF to Conserve and Protect Freshwater Resources  The Coca-Cola Company has pledged to lead its global beverage operations, including those of its franchise bottlers, to replace the water it uses in its beverages and their production.
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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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A change in an agreement with health advocates will allow beverage makers to sell enhanced water products in schools.
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The Coca-Cola Company is lowering its long-term earning and sales targets. In a statement today (11 November), the company added that continued weak performance in certain key markets was expected in 2005 as operational issues are addressed.
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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.
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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 Co.  said on Friday  that it is reorganizing its North American business to better  reflect its strategic focus and creating three new business  units for its sodas and other beverages as part of the change.
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In January, Coke plans to introduce an energy drink called Full Throttle. Coke hopes it will be a better competitor than an earlier entry, the slow-selling KMX.
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Nokia is bringing in a Coca-Cola executive to take over brand management as part of its plan for regaining market share.
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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.