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Coca-Cola Co (KO.N)

KO.N on New York Stock Exchange

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$0.21 (+0.44%)
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Latest Key Developments (Source: Significant Developments)

Whitbread Q3 Sales Rise 2.5 Pct
Thursday, 17 Jan 2019 02:00am EST 

Jan 17 (Reuters) - Whitbread PLC ::WHITBREAD PLC - THIRD QUARTER TRADING UPDATE.WHITBREAD PLC - TOTAL Q3 SALES GROWTH OF 2.5% AND STRONG PROGRESS WITH EFFICIENCY PROGRAMME.WHITBREAD PLC - SALE OF COSTA TO COCA-COLA COMPANY FOR £3.9BN COMPLETED ON 3 JAN 2019, AHEAD OF SCHEDULE.WHITBREAD PLC - INITIAL £500 MILLION SHARE BUYBACK PROGRAMME COMMENCING TODAY.WHITBREAD PLC - OVER 2,000 NEW ROOMS ADDED IN FY19 SO FAR AND OCCUPANCY REMAINED HIGH AT OVER 80%.WHITBREAD PLC - EXPECT TO DELIVER FY19 RESULTS IN-LINE WITH EXPECTATIONS.WHITBREAD PLC - REMAIN CAUTIOUS ON UK ENVIRONMENT NEXT YEAR GIVEN UNCERTAINTY AND HIGHER INFLATION.WHITBREAD PLC - FY20 UNDERLYING PROFIT BEFORE TAX EXPECTED TO BE CONSISTENT WITH THIS YEAR, AS WE CONTINUE TO INVEST IN UK & INTERNATIONAL GROWTH.WHITBREAD PLC - PREMIER INN HAS MADE GOOD PROGRESS THIS YEAR, GROWING TOTAL SALES BY 2.5%.WHITBREAD PLC - UK BUSINESS ACHIEVED TOTAL ACCOMMODATION SALES GROWTH OF 3.5% IN Q3.WHITBREAD PLC - PERFORMANCE IN QUARTER REFLECTS A STRONG CENTRAL LONDON MARKET AND A WEAK REGIONAL MARKET.WHITBREAD PLC -FEBRUARY 2020 FY GERMAN LOSSES EXPECTED TO BE APPROXIMATELY £12 MILLION AS WE INVEST TO SUPPORT C.2,500 ROOMS THAT WILL OPEN DURING FY20.WHITBREAD PLC -FEBRUARY 2020 FY EXPECTED TO DELIVER SAVINGS OF £40-50 MILLION, BUT £20-30 MILLION LOWER THAN HIGHER COST INCREASES OF APPROXIMATELY £70 MILLION.  Full Article

The Coca-Cola Company Announces Loan Agreement With Ioniqa Technologies
Thursday, 13 Dec 2018 07:00am EST 

Dec 13 (Reuters) - Coca-Cola Co ::THE COCA-COLA COMPANY ANNOUNCES LOAN AGREEMENT WITH IONIQA TECHNOLOGIES TO TRANSFORM HARD-TO-RECYCLE PLASTIC WASTE INTO HIGH-QUALITY, FOOD-GRADE PET.COCA-COLA CO - AGREEMENT DESIGNED TO ACCELERATE DEVELOPMENT & DEPLOYMENT OF HIGH-GRADE RECYCLED CONTENT PET FOR USE IN BOTTLES USED BY CO.COCA-COLA CO - A 10 KMT INDUSTRIAL PLANT IS UNDER CONSTRUCTION IN NETHERLANDS FOR COMMISSIONING IN 2019.  Full Article

The Coca-Cola Company To Sell Iconic Building At 711 Fifth Ave. In New York
Monday, 10 Dec 2018 12:00pm EST 

Dec 10 (Reuters) - Cushman & Wakefield PLC ::PRESS RELEASE - THE COCA-COLA COMPANY TO SELL ICONIC BUILDING AT 711 FIFTH AVE. IN NEW YORK.CUSHMAN & WAKEFIELD PLC - PROPERTY WILL BE BROUGHT TO MARKET IN EARLY 2019.CUSHMAN & WAKEFIELD PLC - COCA-COLA HAS DETERMINED THAT IT DOES NOT NEED TO RETAIN ITS INVESTMENT IN BUILDING TO SUPPORT ITS ACTIVITIES IN NEW YORK.  Full Article

Whitbread Says Sale Of Costa To Coca-Cola Gets Regulatory Approval In China
Thursday, 29 Nov 2018 07:31am EST 

Nov 29 (Reuters) - Whitbread Plc ::SALE OF COSTA TO COCA-COLA RECEIVES APPROVAL FROM CHINA REGULATOR.CLEARANCE IS STILL REQUIRED FROM EUROPEAN UNION UNDER EC MERGER REGULATION BEFORE COSTA TRANSACTION CAN COMPLETE.CLEARANCE RECEIVED FROM CHINA'S ADMINISTRATION FOR MARKET REGULATION FOR COCA-COLA COMPANY TO ACQUIRE COSTA, INCLUDING CHINA OPERATIONS.  Full Article

Coca-Cola has plans to launch two energy drinks under Coke brand
Thursday, 8 Nov 2018 08:48am EST 

Nov 8 (Reuters) - Coca-Cola Co ::HAS PLANS TO LAUNCH TWO ENERGY DRINKS : COCA-COLA ENERGY AND COCA-COLA ENERGY NO SUGAR.SAYS COCA-COLA ENERGY WOULD BE PLANNED TO HAVE CAFFEINE FROM NATURALLY DERIVED SOURCES AND GUARANA EXTRACT.SAYS COCA-COLA ENERGY WILL ALSO HAVE NO SUGAR OPTION.SAYS DOES NOT KNOW TIMING OF THE LAUNCH OF PRODUCTS.  Full Article

Coca-Cola Is In Talks To Invest In Direct-To-Consumer Beverage Startup Dirty Lemon - Business Insider
Wednesday, 31 Oct 2018 06:11pm EDT 

Oct 31 (Reuters) - :COCA-COLA IS IN TALKS TO INVEST IN DIRECT-TO-CONSUMER BEVERAGE STARTUP DIRTY LEMON - BUSINESS INSIDER.  Full Article

Coca-Cola Reports Strong Operating Results For Q3 2018
Tuesday, 30 Oct 2018 06:55am EDT 

Oct 30 (Reuters) - Coca-Cola Co ::COCA-COLA REPORTS STRONG OPERATING RESULTS FOR THIRD QUARTER 2018.Q3 NON-GAAP EARNINGS PER SHARE $0.58 FROM CONTINUING OPERATIONS.Q3 EARNINGS PER SHARE $0.54 FROM CONTINUING OPERATIONS.Q3 REVENUE $8.2 BILLION VERSUS I/B/E/S VIEW $8.17 BILLION.Q3 EARNINGS PER SHARE VIEW $0.55 -- THOMSON REUTERS I/B/E/S.QTRLY ORGANIC REVENUES (NON-GAAP) GREW 6%.QTRLY UNIT CASE VOLUME GREW 2%, LED BY TRADEMARK COCA-COLA.COSTA ACQUISITION IS EXPECTED TO CLOSE IN FIRST HALF OF 2019.FOR Q4 2018 COMPARABLE NET REVENUES (NON-GAAP) SEES 7% HEADWIND FROM ACQUISITIONS, DIVESTITURES AND STRUCTURAL ITEMS.NORTH AMERICA UNIT CASE VOLUME GREW 1% IN QUARTER.QTRLY NET REVENUES DECLINED 9% IMPACTED BY A 13-POINT HEADWIND FROM REFRANCHISING OF CO-OWNED BOTTLING OPERATIONS.COCA-COLA - IN QUARTER, N. AMERICA VOLUME PERFORMANCE LED BY GROWTH IN SPARKLING SOFT DRINKS DUE TO DOUBLE-DIGIT GROWTH IN COCA-COLA ZERO SUGAR, AMONG OTHERS.  Full Article

The Coca-Cola Company Sets Regular Quarterly Dividend Of $0.39 Per Share
Thursday, 18 Oct 2018 03:00pm EDT 

Oct 18 (Reuters) - Coca-Cola Co ::BOARD OF DIRECTORS OF THE COCA-COLA COMPANY DECLARES QUARTERLY DIVIDEND.SETS REGULAR QUARTERLY DIVIDEND OF $0.39PER SHARE.  Full Article

Coca-Cola Announces Promotions In Operational Leadership
Thursday, 18 Oct 2018 01:00pm EDT 

Oct 18 (Reuters) - Coca-Cola Co ::COCA-COLA ANNOUNCES PROMOTIONS IN OPERATIONAL LEADERSHIP.COCA-COLA CO - MANUEL ARROYO WILL BECOME GROUP PRESIDENT FOR ASIA PACIFIC REGION.COCA-COLA CO - ARROYO WILL BE SUCCEEDED IN MEXICO BY GALYA MOLINAS.COCA-COLA CO - NIKOS KOUMETTIS HAS BEEN NAMED AS A GROUP PRESIDENT, OVERSEEING EUROPE, MIDDLE EAST AND AFRICA.COCA-COLA CO - MANUEL WILL REPLACE JOHN MURPHY.COCA-COLA CO - JENNIFER MANN, CO'S CHIEF PEOPLE OFFICER, WILL TAKE ON ADDITIONAL DUTIES AS PRESIDENT, GLOBAL VENTURES.COCA-COLA CO - KOUMETTIS WILL BE SUCCEEDED AS HEAD OF CENTRAL AND EASTERN EUROPE BUSINESS UNIT BY LANA POPOVIC.COCA-COLA CO - ALL CHANGES TAKE EFFECT JAN. 1, 2019.  Full Article

Coca-Cola Says Kathy Waller To Retire, Succeeded By John Murphy As CFO
Thursday, 18 Oct 2018 11:00am EDT 

Oct 18 (Reuters) - Coca-Cola Co ::COCA-COLA ANNOUNCES KEY LEADERSHIP CHANGES, INCLUDING ELECTION OF NEW PRESIDENT AND CHIEF OPERATING OFFICER AND SUCCESSION PLAN FOR THE CHIEF FINANCIAL OFFICER.SAYS BRIAN SMITH APPOINTED COO AND PRESIDENT.KATHY WALLER TO RETIRE, SUCCEEDED BY JOHN MURPHY AS CHIEF FINANCIAL OFFICER.NEW CHIEF TECHNICAL OFFICER APPOINTED, CHIEF INFORMATION OFFICER EXPANDS DUTIES.BOARD OF DIRECTORS ELECTED BRIAN SMITH TO SERVE AS PRESIDENT AND COO, EFFECTIVE JAN. 1, 2019.JOHN MURPHY WILL BECOME SENIOR VICE PRESIDENT AND DEPUTY CFO ON JAN. 1, 2019.NANCY QUAN HAS BEEN ELECTED SENIOR VICE PRESIDENT AND APPOINTED CHIEF TECHNICAL OFFICER.BARRY SIMPSON IS ADDING NEW DUTIES THAT INCLUDE OVERSIGHT OF PORTIONS OF CO'S ENABLING SERVICES ORGANIZATION.  Full Article

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Apple plunge deepens Warren Buffett's book value woes

The plunge in Apple Inc's share price will likely cause new pain for Warren Buffett's Berkshire Hathaway Inc, after the conglomerate suffered a big quarterly decline in its net worth that will hit its bottom line.