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Theres no company more american and today, it did something it hasnt done in four quarters. It reported a rise in sales in north america. Its biggest market. The Worlds Largest beverage maker was also able to hike prices helping to offset the impact of a stronger dollar. Shares finish the day up nearly 3 topping wall street profit and revenue forecast for the year but the Company Still faces some very big challenges and after years of sluggish sales, can coke find growth . Sara eisen reports. Reporter cocacolas earnings beat came mostly due to continued cost cutting including layoffs and first price hike in two years. The good news sales up slightly in north america. Ceo kathy wallarid said low gas prices help consumers. Also Conscious Consumers buying teas and flavored waters shying away from sugar and soda. Underst ....
Theres no company more american and today, it did something it hasnt done in four quarters. It reported a rise in sales in north america. Its biggest market. The Worlds Largest beverage maker was also able to hike prices helping to offset the impact of a stronger dollar. Shares finish the day up nearly 3 topping wall street profit and revenue forecast for the year but the Company Still faces some very big challenges and after years of sluggish sales, can coke find growth . Sara eisen reports. Reporter cocacolas earnings beat came mostly due to continued cost cutting including layoffs and first price hike in two years. The good news sales up slightly in north america. Ceo kathy wallarid said low gas prices help consumers. Also Conscious Consumers buying teas and flavored waters shying away from sugar and soda. Underst ....
Theres no company more american and today, it did something it hasnt done in four quarters. It reported a rise in sales in north america. Its biggest market. The Worlds Largest beverage maker was also able to hike prices helping to offset the impact of a stronger dollar. Shares finish the day up nearly 3 topping wall street profit and revenue forecast for the year but the Company Still faces some very big challenges and after years of sluggish sales, can coke find growth . Sara eisen reports. Reporter cocacolas earnings beat came mostly due to continued cost cutting including layoffs and first price hike in two years. The good news sales up slightly in north america. Ceo kathy wallarid said low gas prices help consumers. Also Conscious Consumers buying teas and flavored waters shying away from sugar and soda. Underst ....
At records. The s p 500 climbing just enough to close at the highest level ever. And for the nasdaq it was the second record close in a row. The dow jones next was 21 poipds to 18,080. The nasdaq climbs 36 to 5092 and the s p gains five points to 2117. 69. For the week the major indices were higher with the best fiveday run since late october. So despite the groans from traders there is no volume valuations are high and the Economic Data isnt as strong as it should be there are some things working in the markets favor. Bob pis annie has more. The standouts were again on the nasdaq with three big Seattle Companies reporting earnings. Microsoft was up over 10 . Wlou amazon was up 14 . That is a historic high. And starbucks was up. Also a historic high. And earnings while weak arent as bad as many are feared. The flat earnings are blamed on the weather and the collapse in oil ....
Chambers is stepping down after 20 years in the top job. Cisco veteran Chuck Robbins is in bringing to an end one of Silicon Valleys lo. Mcdonalds investors werent impressed. They sent shares lower today. Cisco managed to rise fractionally. We have two reports. Josh lipton on cisco but first Courtney Reagan looks for the new strategy for the worlds es the golden arches have been a little tarnished in recent quarters. It will take a lot to turn around the Worlds Largest restaurant chain, but today Ceo Steve Easterbrook is detailing at least the initial strategy two months after taking o the reality is our recent performance has been poor. The numbers dont lie, which is why, as we celebrate 60 years at mcd ....