Ames quincy said that was very serious conversation. We wanted to see how he wanted to change the culture while managing a checkerboard of tax regimes and regulations. Works in a lot of different countries. The talking about the United States. The tax cut, how does it affect cocacola . Because we are an international company, the absolute rate is not affected up as much as the more domestically focused enterprises. Moving thefocused on system. We are still working on the numbers. In the end, if it generates more economic growth, it will get all the boats. This capital make a difference . If there is incremental cash, when he decided, the together into dividends or we have been a successful company. Canre working to see how we pay tax on the cash first. We are looking at how we make the right applications. One of the big issues for the United States the dreamers. , are you certain about how they can stay are not . We have people in our company. We would love for government find a soluti
We wanted to understand how he plans to use innovation to transform every aspect of cocacola, change its culture while managing a global checkerboard of regulations and tax regimes. Cocacola operates in a lot of Different Countries which means there are a lot of different regulatory schemes that you have to adapt to those. The tax cuts, how does it affect cocacola . James we are still working through the numbers. Our tax rate last year was 24 . We are an international company. The absolute rate has not affected us as perhaps more domesticallyfocused enterprises. Territorialg the system. We think that the indication is positive in the long run. To the extent it creates more demand, that will be good news. We are still working through the numbers we will lay out on our own. Part of it is having money overseas, but if we generate more economic growth, that will lift all boats. David does the expensing help you at all . We will lay that out, but that is not the biggest moving piece. David
He adapts to a new world of technology. James quincey sat down with us for an extended conversation. We wanted to understand how he plans to use innovation to transform every aspect of cocacola, change its culture while managing a global checkerboard of regulations and tax regimes. Cocacola operates in a lot of Different Countries which means there are a lot of different regulatory schemes that you have to adapt to those. The tax cuts, how does it affect cocacola . James we are still working through the numbers. Our tax rate last year was 24 . It is not the biggest change to us. Because we are an International Company the absolute rate has not affected us as perhaps more domesticallyfocused enterprises. We are moving the territorial system. We think that the indication is positive in the long run. To the extent it creates more demand, that will be good news. We are still working through the numbers we will lay out on our earnings call. Part of it is having money overseas, but if we gen
Big premarket moves on mixed results from cat, gm and mcdonalds. Global volatility, a common theme. Apple cut its spending forecast by about 1 billion. Well explain why. Qualcomm looking for 1 billion in cost cuts by trimming workforce by 15 . First up caterpillar shares taking a hit on a quarterly miss hurt in part by weakness in mining and construction in brazil and china. Cats lowering their full guidance. Doug oberhelman did talk about it. At some point, the economy will stabilize and business will pick up. It was too whose in 2012 and too slow right now. Somewhere in between is where we will be. Until that happens we have caught in this period where we have to hunker down and do everything internally day to day. Sales down in every region including north america. Oil and gas not helping. They lowered the revenue forecast for the year. They keep the adjusted eps forecast. He is a very nice man. Thats the key. He is a very nice man. You believe this is about him. Whats your main hea