Coca-Cola Co (KO.N)
26 Jul 2017
Coca-Cola Co said it would replace Coke Zero with a new sugar-free drink in the United States next month, as the company sharpens its focus on low and no-sugar versions of its sodas that helped best quarterly profit estimates.
* Expects smaller decline in full-yr profit (Adds details on Coca-Cola Zero Sugar, updates shares)
* To issue up to $1 billion in foreign currency, turkish lira debt
* Q2 earnings per share view $0.57 -- Thomson Reuters I/B/E/S
July 26 Coca-Cola Co reported a 60.2 percent drop in quarterly profit, as the beverage maker incurred a charge of $653 million related to refranchising its North America bottling operations.
MEXICO CITY Mexico's Coca-Cola Femsa , the world's largest Coke bottler, said on Monday it is poised to lose a key distribution contract in Brazil, sending its shares down 5 percent, even as it reported an 11.5 percent jump in quarterly net profit.
MEXICO CITY, July 24 Mexico's Coca-Cola Femsa , the world's largest Coke bottler, said on Monday it is poised to lose a key distribution contract in Brazil, sending its shares down 5 percent, even as it reported an 11.5 percent jump in quarterly net profit.
* Sets regular quarterly dividend of $0.37 per share Source text for Eikon: Further company coverage:
(The following statement was released by the rating agency) LONDON/MILAN, July 06 (Fitch) Fitch Ratings has upgraded Coca-Cola Icecek A.S's (CCI) Long-Term Foreign-Currency (FC) Issuer Default Rating (IDR) and senior unsecured rating to 'BBB' from 'BBB-'. The Long-Term Local-Currency (LC) IDR is affirmed at 'BBB'. The Outlooks on the FC and LC IDRs are Stable. The upgrade of the FC IDR and senior unsecured rating to 'BBB' reflects the strong implied and proven support of The Coca-Cola Company (T