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US stocks close mixed session as investors await Fed guidance on interest rates and inflation
Despite declines, the market was supported by megacap tech stocks such as Apple and Google-parent Alphabet
Company
The Coca-Cola Company
NYSE:KO
The Coca-Cola Company is a beverage company. The company's segments include Europe, Middle East and Africa; Latin America; North America; Asia Pacific; Global Ventures and Bottling Investments. It owns or licenses and markets various beverage brands, which are grouped into categories, such as Coca-Cola; sparkling flavors; water, sports, coffee and tea; juice, dairy and plant-based beverages; and emerging beverages.
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Smurfit Kappa to roll out finals on Wednesday, earnings from Coca-Cola, GM and Uber eyed from US
Other firms in the UK calendar for mid-week include Dunelm, Redrow and Lancashire Holdings
Coca-Cola shares rise despite 2Q demand hit as coronavirus closures begin to reverse
The company makes a big chunk of its money from selling its soft drinks to restaurants, movie theaters and others, many of which had to close during the pandemic
Coca-Cola sees coronavirus impact in Q1; boosts dividend to $0.41 per share
China, where the virus originated in the city of Wuhan, is Coca-Cola’s third-largest market
Coca-Cola shares fizz higher as 4Q sales beat analyst expectations
Consumption of soda has fallen in the US so the group has been forced to create healthier options and branch out into new categories
Coca-Cola's 3Q revenue tops estimates, pushing up shares in pre-market trading
The company noted that more customers are being drawn in by healthier options, like Zero Sugar soda and smaller size cans
How de-equitisation could be both a good and bad thing for investors
A lack of new listings on the London market coupled with some large-scale collapses, acquisitions and share buybacks have led to the pool of equities looking more like a puddle
IPO Roundup: Avantor, Bricktown Brewery and Fastly among this week’s hot IPOs
Over half a dozen IPOs are expected to price, including two pharmaceutical firms, an American comfort food chain, and a Chinese challenger to Starbucks
LATE MOVERS: Proctor & Gamble slips amid thinning margins; Hormel stock sours after two analyst downgrades
Also moving Tuesday were Proctor & Gamble, Twitter, Verizon, and Hasbro
S&P 500 sees record-setting close after a high-flying day of earnings reports
Meanwhile, housing indicators offered encouraging signs
New Age Beverages rises after drinks company zips past Street's 4Q revenue estimate
The maker of CBD-infused beverages has been the subject of investor interest since last year when rumors emerged that the company might be acquired by The Coca-Cola Company
Melius Research initiates coverage of cannabis sector, says it will 'disrupt the beverage industry'
Analyst Rob Wertheimer has an Overweight rating on Aurora Cannabis stock and an Underweight rating on Tilray shares 'with less clarity on future growth outside of Canada'
Buds & Duds: Arcadia Biosciences stock soars after earning Hawaii hemp license
Also making gains was Harvest One, which agreed to acquire biotech company Delivra
Shore Capital knocks Whitbread to ‘Hold’ on lower than expected cash return and strong post-Costa share performance
Analysts said plans by the FTSE 100 owner of Premier Inn to return around £2.5bn in cash to shareholders were below their own expectations of around £3bn
Whitbread plans additional £2bn share buy-back as it spends proceeds from Costa Coffee sale
In presentations delivered at its annual Capital Markets Day, the FTSE 100-listed firm, also forecast a further £220mln in savings over the next three years
Whitbread kicks off £500mln share buyback after Costa sale as it issues cautious outlook
Whitbread said it expects underlying profit before tax in 2020 to be "consistent with this year" as it invests in its hotel expansion
Whitbread shares perk up on Barclays upgrade after completing Costa sale to Coca-Cola
Barclays upgraded its rating on Whitbread to ‘overweight’ from ‘equal weight’ and raised its target price to 5,200p from 5,000p
New Age Beverages Corp shares pop on $85M merger with Morinda
Under the terms of the deal, New Age will pay $75 million in cash and $10 million in New Age restricted stock to complete the takeover
GlaxoSmithKline sells Indian Horlicks business to Unilever
The US$3.8bn deal covers GSK’s health food and drinks portfolio in India, Bangladesh, and 20 other predominantly Asian markets
Whitbread receives clearance from Chinese regulator for Costa sale to Coca-Cola
The FTSE 100 firm said it had received clearance from China’s State Administration for Market Regulation to sell its Costa operations in the country