CEO Neville Isdell

Coca-Cola Co. is unveiling new packaging for half of its worldwide juice volume that borrows from staple brand Minute Maid to create a more uniform look highlighting fruit and nature to appeal to consumers worldwide focusing more on health. The world's largest soft drink and juice maker introduced the new packaging to investors and analysts at a meeting Tuesday in its hometown of Atlanta. Consumers around the world are switching to juices and teas for health reasons, leaving soft drink sales falling. Coca-Cola has been growing its juice offerings, including launching the all-natural Simply brand in the U.S., and is now going to create ... Read Full Story

Coca-Cola Co. seeks to double its business in the next decade as it caters to the expected billion people worldwide who will join the middle class by 2020. The world's largest soft drink maker told analysts and investors at a meeting Monday that its systemwide revenue will reach $200 billion by 2020. The company hopes to make more money off those sales as it sells more soft drinks in emerging markets and reduces costs. CEO Muhtar Kent said that sales have doubled in the decade since 1997, and they'll do so again because of growth in India, China and other countries. The company hopes ... Read Full Story

Coca-Cola Co. is investing $5.8 billion in Brazil in the next five years, a marked increase from its current investment. The world's largest soft drink maker announced the investment — which lasts from 2010 to 2014 — on Thursday. The investment is a 75 percent boost over the $3.3 billion the company put into the country from 2005 to this year. The investments are being made with local operation Coca-Cola Brasil. CEO Muhtar Kent says in a statement that Brazil is one of the company's top markets in the world. Brazil is also a key market right now because it is hosting the 2014 ... Read Full Story

The Coca-Cola Co. said Tuesday its third-quarter profit declined less than 1 percent, as sales fell as consumers continued to limit soft drink purchases and the stronger dollar took a toll on revenue. The world's biggest beverage maker says it earned $1.91 billion, or 81 cents per share, compared with $1.92 billion, or 81 cents per share, a year earlier. Results in the most recent quarter included a 1-cent restructuring charge. Atlanta-based Coca-Cola Co., the world's largest soft-drink maker, says revenue slumped to $8.04 billion from $8.39 billion. Analysts polled by Thomson Reuters, who usually exclude one-time items from their estimates, forecast profit of ... Read Full Story

NEW YORK (Reuters) - Coca-Cola Co <KO.N> reported a third-quarter profit that topped Wall Street estimates by a penny, helped by higher sales volume and cost cuts. The world's largest soft drink maker said on Tuesday that net income rose slightly to $1.90 billion, or 81 cents per share, from $1.89 billion, or 81 cents per share, a year earlier. Excluding a charge, Coca-Cola earned 82 cents per share. Analysts on average were expecting 81 cents, excluding items, according to Thomson Reuters I/B/E/S. Net operating revenue fell 4 percent to $8.04 billion. Sales by volume rose 2 percent. Coke's broad geographic footprint, especially in ... Read Full Story