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Coca-Cola Profit Falls 8 Percent

Coca-Cola reported an 8.3 percent fall in quarterly earnings, hurt by the separation of its bottling operations in Brazil and the Philippines. The company's net income fell to ... More Coca-Cola reported an 8.3 percent fall in quarterly earnings, hurt by the separation of its bottling operations in Brazil and the Philippines. The company's net income fell to $1.71 billion, or 38 cents per share, in the fourth quarter ended December 31, from $1.86 billion, or 41 cents per share, a year earlier. Revenue fell 3.6 percent to $11.04 billion. Excluding foreign exchange fluctuations and the separation of the bottling operations, revenue rose 4 percent. Find more Wochit videos on Yahoo Screen. Less

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