Latest Coca-Cola Co News
Fomento Economico: Q1 Earnings Snapshot
MONTERREY N.L., Mexico (AP) — MONTERREY N.L., Mexico (AP) — Fomento Economico Mexicano SAB (FMX) on Friday reported net income of $177 million in its first quarter. The Monterrey N.l., Mexico-based company said it had profit of 49 cents per share. Earnings, adjusted to account...
Coca-Cola FEMSA: Q1 Earnings Snapshot
MEXICO CITY (AP) — MEXICO CITY (AP) — Coca-Cola FEMSA SAB (KOF) on Wednesday reported net income of $295 million in its first quarter. The Mexico City-based company said it had profit of $1.40 per share. The bottling company posted revenue of $3.76 billion in the...
Shares of Walmart-backed Ibotta soar on public debut
NEW YORK (AP) — Shares of Ibotta, a Walmart-backed digital company that offers customers cash-back rewards and rebates on grocery brands ranging from Nestle to Coca-Cola, rose 17% in their Wall Street debut. The stock, which trades under the ticker “IBTA" on the New York Stock...
FIFA gives president Infantino 33% raise in pay deal worth $4.6 million in Women's World Cup year
GENEVA (AP) — FIFA raised president Gianni Infantino's base salary 33% last year to lift his total pay package to more than 4.13 million Swiss francs ($4.67 million), soccer’s governing body said in its financial report. Infantino was re-elected unopposed in 2023 to extend his...
Amazon joins 29 other 'blue chip' companies in the Dow Jones Industrial Average
Amazon.com Inc. is joining the ranks of one of Wall Street's oldest and most exclusive stock indexes: The Dow Jones Industrial Average. The e-commerce pioneer will officially take its position among the 30-company Dow before the open of trading Monday, replacing drugstore operator...
Fomento Economico: Q4 Earnings Snapshot
MONTERREY N.L., Mexico (AP) — MONTERREY N.L., Mexico (AP) — Fomento Economico Mexicano SAB (FMX) on Friday reported net income of $193.3 million in its fourth quarter. The Monterrey N.l., Mexico-based company said it had profit of 64 cents per share. Earnings, adjusted to account...
Nvidia's stock market value rose $273 billion in a day. How it rose to AI prominence, by the numbers
Nvidia’s stock price jumped 16% on Thursday, increasing the company’s market value by a staggering $273 billion in just one day, a record amount. The chipmaker has been seeing soaring demand for its semiconductors, which are used to power artificial intelligence, or AI...
Coca-Cola FEMSA: Q4 Earnings Snapshot
MEXICO CITY (AP) — MEXICO CITY (AP) — Coca-Cola FEMSA SAB (KOF) on Thursday reported net income of $307.6 million in its fourth quarter. The Mexico City-based company said it had net income of $1.46 per share. The bottling company posted revenue of $3.77 billion in...
Coca-Cola Bottling: Q4 Earnings Snapshot
CHARLOTTE, N.C. (AP) — CHARLOTTE, N.C. (AP) — Coca-Cola Bottling Co. (COKE) on Wednesday reported earnings of $75.8 million in its fourth quarter. The Charlotte, North Carolina-based company said it had profit of $8.08 per share. Earnings, adjusted for non-recurring costs, came...
Coca-Cola overcomes falling demand in North America and puts up strong fourth quarter sales
Coca-Cola reported higher-than-expected revenue in the fourth quarter as growth in Mexico, Germany and other markets offset lower demand in the U.S. Revenue rose 7% to $10.8 billion for the October-December period, the Atlanta beverage giant said Tuesday. That topped Wall Street’s...
