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Coca-Cola Co (KO.N)

KO.N on New York Stock Exchange

45.83USD
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Change (% chg)

$0.34 (+0.76%)
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Volume
986,687
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3,260,538
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$48.61
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$41.46

Latest Key Developments (Source: Significant Developments)

Coca-Cola Canada Bottling Names Todd Parsons As Co's President And CEO
Monday, 1 Oct 2018 

Oct 1 (Reuters) - Coca-Cola Co ::COCA-COLA CANADA BOTTLING - TODD PARSONS, EXECUTIVE VICE PRESIDENT AT KILMER GROUP TO LEAD CANADA'S NEW BOTTLER AS PRESIDENT AND CEO.COCA-COLA CANADA BOTTLING SAYS CLOSED TRANSACTION TO BUY COCA-COLA REFRESHMENTS CANADA (CCRC) FROM COCA-COLA COMPANY.COCA-COLA CANADA BOTTLING - KEN TANENBAUM TO SERVE AS EXECUTIVE CHAIRMAN.  Full Article

Teamsters Local 175 Says Members At Coca-Cola In Bluefield Could Go On Strike After Rejecting Company Offer
Tuesday, 25 Sep 2018 

Sept 25 (Reuters) - Coca-Cola Co ::TEAMSTERS LOCAL 175 SAYS MEMBERS AT COCA-COLA IN BLUEFIELD COULD GO ON STRIKE AFTER REJECTING A COMPANY OFFER.  Full Article

Coca-Cola In Talks With Aurora To Develop Cannabis Drinks - BNN Bloomberg
Monday, 17 Sep 2018 

Sept 17 (Reuters) - :COCA-COLA IN TALKS WITH AURORA TO DEVELOP CANNABIS DRINKS - BNN BLOOMBERG.COCA-COLA PREVIOUSLY HAD HIGH-LEVEL TALKS WITH APHRIA - BNN BLOOMBERG.COCA-COLA LOOKING TO DEVELOP CANNABIDIOL-INFUSED BEVERAGES- BNN BLOOMBERG.  Full Article

Elliott To Engage With Whitbread To Maximise Value After Coca-Cola Deal
Friday, 31 Aug 2018 

Aug 31 (Reuters) - Elliott Advisors (UK) Limited :ELLIOTT ADVISORS (UK) LIMITED- ("ELLIOTT") NOTES TODAY'S ANNOUNCEMENT REGARDING PROPOSED SALE OF COSTA TO COCA-COLA COMPANY.ELLIOTT- LOOKS FORWARD TO CONTINUING TO ENGAGE WITH THEM TO MAXIMISE VALUE OF REMAINING BUSINESSES.  Full Article

Coca-Cola CEO, On Costa Deal, Says "We Can Introduce Different Formats As A Total Beverage Provider" - CNBC
Friday, 31 Aug 2018 

Aug 31 (Reuters) - :COCA-COLA CEO JAMES QUINCEY SAYS "IF WE COME TO U.S., IT'S MORE LIKELY TO BE IN SUPPORT OF FOOD SERVICE, NOT STORES" - CNBC.COCA-COLA CEO JAMES QUINCEY, ON COSTA DEAL, SAYS "WE CAN INTRODUCE DIFFERENT FORMATS AS A TOTAL BEVERAGE PROVIDER" - CNBC.COCA-COLA CEO JAMES QUINCEY SAYS THERE ARE A LOT OF STORES IN U.S., THERE IS MORE ROOM FOR GROWTH IN EUROPE AND ASIA - CNBC.  Full Article

Whitbread CEO Says Got High Price For Costa - BBC Radio
Friday, 31 Aug 2018 

Aug 31 (Reuters) - Whitbread CEO::SAYS THE PRICE OFFERED BY COCA COLA FOR COSTA COFFEE IS SIGNIFICANTLY HIGHER THAN ANYTHING WE COULD ACHIEVE BY A DEMERGER - BBC RADIO.SAYS THIS IS A SIGNIFICANT PREMIUM TO ANYTHING WE COULD ACHIEVE BY SPINNING IT OFF ALONE.SAYS WE CAN MAKE A BIG CONTRIBUTION TO THE PENSION FUND.SAYS YOU COULD SEE COSTA COFFEE IN EVERY PLACE THAT YOU SEE COCA COLA TODAY, INCLUDING VENDING MACHINES.  Full Article

The Coca-Cola Company To Acquire Costa For About $5.1 Bln
Friday, 31 Aug 2018 

Aug 31 (Reuters) - Coca-Cola Co ::THE COCA-COLA COMPANY TO ACQUIRE COSTA.DEAL FOR APPROXIMATELY $5.1 BILLION.EXPECTS TRANSACTION TO BE SLIGHTLY ACCRETIVE IN FIRST FULL YEAR, NOT TAKING INTO ACCOUNT ANY IMPACT FROM PURCHASE ACCOUNTING.BECAUSE COCA-COLA EXPECTS THE TRANSACTION TO CLOSE IN THE FIRST HALF OF 2019, THERE IS NO CHANGE TO 2018 GUIDANCE.COMPANY'S LONG-TERM TARGETS ALSO REMAIN.WHITBREAD WILL BE SEEKING SHAREHOLDER APPROVAL FOR THE TRANSACTION, WHICH IS EXPECTED TO TAKE PLACE BY MID-OCTOBER.  Full Article

Coca-Cola acquires Moxie - AP
Tuesday, 28 Aug 2018 

Aug 28 (Reuters) - :COCA-COLA IS BUYING MOXIE, A NEW ENGLAND SODA BRAND THAT IS THE OFFICIAL STATE BEVERAGE OF MAINE - AP, CITING COCA-COLA SPOKESWOMAN.  Full Article

The Coca-Cola Company And Bodyarmor Announce New Strategic Relationship
Tuesday, 14 Aug 2018 

Aug 14 (Reuters) - Coca-Cola Co ::THE COCA-COLA COMPANY AND BODYARMOR ANNOUNCE NEW STRATEGIC RELATIONSHIP.COCA-COLA CO - BODYARMOR TO GAIN ACCESS TO U.S. COCA-COLA BOTTLING SYSTEM WITH FUTURE POTENTIAL FOR GLOBAL EXPANSION.COCA-COLA CO - FINANCIAL TERMS OF AGREEMENT WERE NOT DISCLOSED..COCA-COLA CO - ENTERED INTO AGREEMENT THROUGH WHICH COCA-COLA WILL ACQUIRE A MINORITY OWNERSHIP STAKE IN BODYARMOR.COCA-COLA - BODYARMOR INVESTMENT WILL BE PART OF COCA-COLA NORTH AMERICA VENTURING AND EMERGING BRANDS (VEB) INVESTMENT PORTFOLIO.COCA-COLA CO - THROUGH TRANSACTION, CO WILL BECOME SECOND LARGEST SHAREOWNER IN BODYARMOR, BEHIND CO-FOUNDER AND CHAIRMAN MIKE REPOLE.COCA-COLA CO - BODYARMOR BRAND WILL CONTINUE TO OPERATE INDEPENDENTLY.COCA-COLA CO - BODYARMOR BRAND TO CONTINUE TO OPERATE UNDER LEADERSHIP OF CO-FOUNDER MIKE REPOLE.  Full Article

Coca-Cola Says Global Volume Up 3 Pct, Its Strongest In 5 Years - Conf Call
Wednesday, 25 Jul 2018 

July 25 (Reuters) - Coca-Cola Co ::COCA-COLA - GLOBAL VOLUME IS UP 3 PERCENT, ITS STRONGEST IN 5 YEARS - CONF CALL.COCA-COLA - CEO SAYS FREIGHT COSTS REMAIN A CHALLENGE, WERE SLIGHTLY WORSE THAN CO'S INITIAL FORECAST.COCA-COLA - TAKING PRICING ACTIONS ALONGSIDE BOTTLERS ON SPARKLING BEVERAGE BRANDS; EXPECTS POSITIVE PRICE/MIX IN SECOND HALF ACROSS PORTFOLIO.COCA-COLA - CEO SAYS "WE SEE SOLID MOMENTUM IN THE EMERGING AND DEVELOPING MARKETS, WITH NOTABLE STRENGTH IN CENTRAL EUROPE AND TURKEY".COCA-COLA - CEO SAYS JUICE BUSINESS IN N.AMERICA PRESSURED BY INPUT COSTS.COCA-COLA - CEO ON PRICE INCREASE SAYS TO SEE THAT COME THROUGH IN Q3; "IT'S GOING TO BE ONE OF THOSE THINGS THAT GOES THROUGH INTO CONSUMER PRICING".  Full Article

UPDATE 1-Cannabis producer Aphria profit surges on strong demand, investment gains

Oct 12 Cannabis producer Aphria Inc posted a 41 percent rise in quarterly profit on Friday, boosted by strong demand and gains from its investments in medical marijuana companies Liberty Health Sciences and Hiku Brands Co.