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News Breaks | | | | December 13, 2012 | | 09:25 EDT |  | CCE, CCE | Coca-Cola Enterprises to host business outlook webcast
Business outlook webcast to be held on December 18 at 10 am. Webcast Link | |
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News For CCE From The Last 14 Days Check below for free stories on CCE the last two weeks. |
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| June 11, 2013 | | 09:55 EDT |  | CCE | Coca-Cola Enterprises falls after highlighting 'challenging' conditions
Shares of bottling company beverage distributor Coca-Cola Enterprises (CCE) are sinking after the company indicated this morning that its operating conditions have been more challenging than expected. WHAT'S NEW: Coca-Cola Enterprises stated that it has faced several challenges in 2013, including macroeconomic weakness, poor weather, strong competition in the U.K., and a tax increase in France. Some of the challenges have been more persistent than expected, and they have impacted the outlook for the company's second quarter results, Coca-Cola Enterprises added. The company said it expects some of these challenges to diminish later in the year. TODAY'S PRICE ACTION: In early trading, Coca-Cola Enterprises fell $1.05, or 2.8%, to $36.10. OTHERS TO WATCH: Other soda companies also fell, with Coca Cola (KO) declining 1.7% to $40.50, PepsiCo (PEP) giving back 1.2% to $81.85, and Dr. Pepper Snapple (DPS) losing 1.4% to $46.40. | | | 06:22 EDT | | CCE | Coca-Cola Enterprises updates Q2 outlook
“Throughout 2012 and so far this year, we have faced challenging operating conditions, including persistent underlying macroeconomic weakness, significant headwinds from poor weather, the prolonged impact of a sharp excise tax increase in France, and a dynamic competitive environment in Great Britain,” CEO John F. Brock said. “To date, some of these factors have been unexpectedly persistent and impacted our current outlook for Q2,” Brock said. “Though we expect some of these challenges to abate as we move through the year, we will better understand the full-year impact of these factors as we move deeper into the prime summer selling season. “As a result, we will update you more specifically about our operating outlook for the remainder of the year with our Q2 results in July,” Brock said. “Despite these current challenges, we will continue to manage each lever of our business, drive strong free cash flow, and remain focused on our ultimate objective – driving value for our shareowners.” | | | June 10, 2013 | | 09:04 EDT | | CCE | Beverage Digest to host a conference
Wall Street Smarts is being held in New York on June 10. | |
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