The Coca-Cola Company Reports Fourth Quarter and Full-Year 2015 Results; Announces Accelerated Refranchising Plans
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Societe Generale Upgrades Coca-Cola (KO) to Hold
February 10, 2016 6:57 AM ESTSociete Generale upgraded Coca-Cola (NYSE: KO) from Sell to Hold with a price target of $44.00 (from $37.00).
For an analyst ratings summary and ratings history on Coca-Cola click here. For more ratings news on Coca-Cola click here.
Shares of Coca-Cola closed at $43.30 yesterday.
... MoreCoca Cola (KO) Plans Significant Acceleration of Bottler Refranchising (COKE) (CCE)
February 9, 2016 7:41 AM ESTThe Coca-Cola Company (NYSE: KO) announced that it is accelerating the pace and scale of its bottler refranchising efforts with plans to refranchise 100% of Company-owned North America bottling territories by the end of 2017, including all cold-fill production facilities. The Company has also entered into a non-binding letter of intent to refranchise Company-owned bottling operations in China to existing partners China Foods Limited, part of COFCO Limited, and Swire Beverage Holdings Limited, building on other recent global refranchising initiatives in Europe and Africa.
The Companys progress and success in transitioning bottling territories to... More
Coca Cola (KO) Tops Q4 EPS by 1c
February 9, 2016 6:56 AM ESTCoca Cola (NYSE: KO) reported Q4 EPS of $0.38, $0.01 better than the analyst estimate of $0.37. Revenue for the quarter came in at $10 billion versus the consensus estimate of $9.91 billion.
2015 OPERATING REVIEW
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Percent Change Fourth... More