Coke&#39;s flat earnings pop Wall Street rally, expectations
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US stocks fizzed downward yesterday after Coca-Cola Co. and other firms reported disappointing sales and earnings projections - giving Wall Street a case of indigestion amid concern that the days of fat corporate profits may be over.
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Coca-Cola Co. KO.N on Wednesday said  earnings for the rest of the year would lag Wall Street  expectations because of weakness in key markets, further  highlighting the divergent fortunes of the world's largest soft  drink maker and its top rival, PepsiCo Inc. PEP.N.
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The Pepsi Bottling Group posted a profit on Tuesday that beat Wall Street estimates by a penny, despite flat volume.
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Coca-Cola Co , the world's  largest maker of soft drinks, reported higher-than-expected  quarterly profit on Wednesday, helped by higher sales,  acquisitions and foreign exchange rates.
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The brokerage is expected to report glowing earnings, but will they give Wall Street a lift?
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Wall Street was set to open flat on Wednesday as investors keep their powder dry ahead of another batch of earnings, led by J.P. Morgan  bank and General Motors .
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Pepsico reports earnings in the morning. Will there be fizzle?
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Stocks were flat on Friday after  reports showed U.S. economic growth in the second quarter  matched economists' forecasts and consumer sentiment picked up  above expectations in late August.
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NEW YORK - Stocks headed lower Wednesday after beverage giant Coca-Cola Co. issued a gloomy forecast, and a lower-than-expected reading on industrial production for August threw the nation's broader economic outlook into question...
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Coca-Cola Co.  on Wednesday said earnings for the remainder of 2004 would lag current expectations because of weakness in key markets.
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U.S. stocks were flat on Monday as  investors took some profits after a three-day rally last week,  with interest rates and a weakening dollar taking center stage  now that the presidential election is over.
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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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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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OPTIMISM that corporate earnings reports may come in better than expected gave US shares a fillip yesterday. But trade was thin as some markets including the bond market were closed for the Columbus Day holiday.
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The Coca-Cola Co., the world's largest beverage maker, posted a 1 percent rise in net income in the second-quarter on a solid 19 percent gain in sales.
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Wall Street was set for a steady start on Friday, though with little in the way of major earnings news or data to guide investors going into the weekend.
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Stocks to watch on Tuesday:  THE COCA-COLA CO. :