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Stock Market & Financial Investment News

News Breaks
August 5, 2014
11:19 EDTKOCoca-Cola invests an additional $5B for long-term sustainable growth in Africa
The Coca-Cola Company and its African bottling partners announced a new investment of $5B during the U.S.-Africa Leaders Summit. The investment, to be made over the next six years, increases its total announced investment in Africa to $17B from 2010 to 2020. The company and its bottling partners anticipate that this investment will fund new manufacturing lines, cooling and distribution equipment and production; create additional jobs and opportunities across Coca-Cola’s African supply chain; and support key sustainability initiatives and programs focused on safe water access, sustainable sourcing, women’s economic empowerment, community well-being and operational efficiency improvements. The Company has also signed a Letter of Intent to launch Source Africa, an initiative to secure more consistent and sustainable local ingredient sourcing for its products in partnership with the New Alliance for Food Security and Nutrition and Grow Africa. The initiative will initially focus on sustainable mango and tea production in Kenya; citrus, mango and pineapple production in Nigeria; and mango in Malawi. Longer-term, the program could expand to focus on sustainable ingredient production in Ethiopia, Senegal, Tanzania and Mozambique. Source Africa builds on the experience of Coca-Cola’s work in sustainable agriculture, including Project Nurture, an $11.5M partnership supporting 50,000 small-scale fruit farmers in East Africa to sustainably grow their crops and income.
News For KO From The Last 14 Days
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October 1, 2014
12:26 EDTKOWintergreen Advisers responds to Coca-Cola's new equity stewardship guidelines
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08:32 EDTKOCoca-Cola revises pay plan
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08:31 EDTKOCoca-Cola adopts equity stewardship guidelines
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September 29, 2014
17:49 EDTKOCoca-Cola insiders sold 424,140 shares of stock, Barron's says
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September 25, 2014
13:59 EDTKOCoca-Cola 'Share a Coke' campaign helps boost sales, WSJ reports
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September 24, 2014
13:03 EDTKOIndia PM asks PepsiCo, Coca-Cola to add fruit juices to drinks, Reuters says
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08:43 EDTKOCoca-Cola signs agreement with Coca-Cola Central Florida
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September 23, 2014
13:13 EDTKOCoca-Cola, others aim to reduce sugary drink calories, WSJ says
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September 22, 2014
07:14 EDTKOGSM Association to hold a conference
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06:33 EDTKOMonster Beverage price target raised to $110 from $94 at Stifel
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September 17, 2014
16:00 EDTKOOptions Update; September 17, 2014
iPath S&P 500 VIX Short-Term Futures down 24c to 27.63. Option volume leaders: AAPL TSLA BAC TWTR AMZN X WLT KO PBR according to Track Data.
06:53 EDTKOWhite House says companies taking steps to reduce HFCs emissions
The Obama Administration yesterday announced new private sector commitments and executive actions to reduce emissions of hydroflourocarbons, or HFCs, powerful greenhouse gases that contribute to climate change, the Shite House stated. Coca-Cola (KO) has set a goal for 100 percent of its newly purchased cold drink equipment to be HFC-free, .while DuPont (DD),, announced that its new products are anticipated to reduce greenhouse gas content of refrigerants by some 90M tons carbon dioxide equivalent in the U.S., and 245M tons worldwide by 2025, the White House noted. Honeywell (HON) plans to transition the majority of its high-GWP HFC production to new low-GWP production, while Johnson Controls (JCI) committed to using the lowest GWP option for each application that best fits the needs of its customers from the standpoint of safety, efficiency, reliability, availability, and economy, according to the White House Johnson Controls also commits to spend $50M over the next three years to develop new products and improve and expand its existing low-GWP portfolio.
06:06 EDTKOWal-Mart to pay $66,000 to settle false advertising investigation with NY AG
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