Coke Cuts Long-Term Earns, Volume Targets
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Soft drink giant Coca-Cola Co. (KO.N: Quote, Profile, Research) , 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 Co. (KO.N: Quote, Profile, Research) on Thursday reported a 24 percent drop in third-quarter net income due to weak sales of its soft drinks, juices and bottled
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Coca-Cola, the world's largest maker of soft drinks, issues a profit warning blaming "challenging operating conditions in key markets".
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COCA-COLA has reported a 24 per cent plunge 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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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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Soft drink giant Coca-Cola Co. KO.N,  stung by a prolonged downturn in North America, Germany and  other major markets, on Thursday lowered its key long-term  earnings and sales targets.
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Coca-Cola Co., the worldâs top soft-drink maker, has lowered its long-term earnings and sales targets on key markets slump. The companyâs CEO E. Neville Isdell promised Cokeâs investors an improvement
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Coca-Cola Co.  Chairman and Chief  Executive E. Neville Isdell received $7 million in salary and  performance-based pay in 2006, nearly 17 percent more than he  was paid a year earlier, the world's largest soft drink company  said on Friday.
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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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Coca-Cola Co.  faces a long-term threat to its future from falling global water resources and will reduce the amount of water that goes into making its drinks, its chief executive said on Tuesday.
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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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Coca-Cola Enterprises Inc. CCE.N, the  world's largest bottler of Coca-Cola soft drinks, on Thursday  forecast its earnings in 2005 would be at the lower end of the  range of analyst forecasts, and its shares fell.
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Coca-Cola Enterprises Inc. , the world's largest soft-drink distributor, will cut 3,500 jobs after posting its worst loss in at least 10 years on a $2.9 billion reduction in the value of its North American unit.
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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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Coca-Cola cut its long-term growth targets yesterday in a bid to create more realistic goals, but the company also expressed a firm belief that it can find ways to recharge its global business.
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Coca-Cola, the world's largest maker of soft drinks, says it is disappointed with last year's performance.
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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.