Coca-Cola Co (KO)
17 Feb 2017
NEW YORK Warren Buffett's Berkshire Hathaway Inc was an aggressive buyer of stocks in last year's fourth quarter, nearly quadrupling its stake in Apple Inc and increasing its stake sevenfold in the four biggest U.S. airlines.
NEW YORK, Feb 14 Warren Buffett's Berkshire Hathaway Inc was an aggressive buyer of stocks in last year's fourth quarter, nearly quadrupling its stake in Apple Inc and increasing its stake sevenfold in the four biggest U.S. airlines.
BRIEF-Soros Fund Management takes share stake in Tata Motors, dissolves share stake in Coca Cola, Dunkin' Brands
* Soros Fund Management dissolves share stake in Coca Cola Co - SEC filing
Coca-Cola Co forecast a surprise drop in full-year profit as costs related to refranchising its U.S. bottling operations are expected to be higher than previously anticipated.
* Hit from sale of U.S. bottling ops to be higher than expected
BRIEF-Coca-Cola COO - "In the developed countries we are looking to drive probably a little more price than volume"
* On conf call- in Q4 in India demonetization impacted the whole CPG landscape
* Fitch ratings downgrades long term foreign currency IDR and senior unsecured rating to 'BBB-' from 'BBB'
(The following statement was released by the rating agency) LONDON, February 01 (Fitch) Fitch Ratings has downgraded 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 IDR Outlooks are Stable. The downgrade follows the sovereign rating action that resulted in Turkey's Long Term Foreign Currency (LTFC) IDR being downgraded to 'BB+' from 'BBB-
* Coca Cola Bottling Co Consolidated- co, unit of Coca-Cola Co, entered into amendment to asset purchase agreement dated September 1, 2016 - SEC filing
LONDON/NEW YORK Vita Coco, the world's leading brand of coconut water, is exploring a sale of the company that could value it at up to $1 billion, according to sources familiar with the matter. | Video
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