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. First, in the United States. 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. But we are positive on moving the territorial system. We think that the indication is positive in the long run. To the extent it helps create more demand, that will be good news. We are still working through the numbers we will lay out on our earnings call. Of course we are part of having some of the money overseas, but in the end, if we generate more economic growth, that will lift all
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
Components. And the rest of the market went along for the downhill ride. The Dow Jones Industrial average declined 253 points to 17,495. Nasdaq dropped 68. And the s p 500 fell 31. As for domestic crude, it crossed closed, excuse me, just below 35 a barrel. 34. 95. Brent crude trading not far from 11year lows. Bob pisani takes a look now at the pressure from crude thats building over stocks. Its about the dollar and oil again. For the second time in as many days the market started on a positive note but then headed south when the dollar rallies and oil dropped and we closed at our lows. Its a lower for longer issue. Many believe oil will stay lower for longer, well into 2016. So if oils at 35 six months from now a lot of exploration and Production Companies might go out of business because they wont be able to get the financing to keep exploring. In part this is a supply problem. Saudi arabia has refused to cut production and its trying to drive u. S. Shale producers out of business. T