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NEWS ABOUT: Coca-Cola Co

Diet Coke and Coke Now Top Pepsi

Coke now makes top 2 sodas in US

(Newser) - It's not just Coke vs. Pepsi anymore: Diet Coke's sales beat out Pepsi’s for the first time in history last year, crowning it America’s No. 2 soda, the Wall Street Journal reports. In 2009, both Diet Coke and Pepsi held just under 10% of the market. But while... More »

7 Companies Built Around Really Old Products

Barbies, tires, and Corn Flakes rule these companies

(Newser) - Popular, decades-old products can be a blessing and a curse. For some businesses, these tried-and-true items account for a large chunk of sales. But if a newer, hipper, better product comes along...? 24/7 Wall St. looks at seven companies whose fame and fortune largely rests on aging products:
  • Kellogg:
... More »

New Coke Machine Pours 104 Drink Combos

'Freestyle' soda fountains let customers mix and match

(Newser) - Remember the good old days of mixing Coke, root beer, and Sprite at the soda fountain? Coca-Cola is putting a high-tech spin on that concept with its new “Freestyle” fountains, the Wall Street Journal reports. Diners will be able to whip up 104 different drinks—say Sprite with grape,... More »

Soda Tax Threat a Boon for Food Lobbyists

Industry pours millions into fight against it

(Newser) - Capitol Hill’s flirtation with a national excise tax on sugary drinks has been good for someone: food lobbyists. Soda makers, supermarkets, and fast-food restaurants have spent more than $24 million fighting the tax, the Huffington Post reports. “We are reacting to the situation we find ourselves in,"... More »

Coke Tests Milk Soft Drink in NY

Trial period for 'Vio' will assess whether US is ready for carbonated milk beverages

(Newser) - Coca-Cola has launched a consumer trial of Vio, a “vibrancy” soft drink that combines skimmed milk with a carbonated fruit soda, the Guardian reports. Vio is available only in New York as Coke measures demand for the beverage. Milk-based soft drinks are popular in Asia but have yet to... More »

Rally Fizzles to Mild Losses

Traders worry non-financial stocks may still feel recession's bite

(Newser) - Stocks closed lower today after an earlier rally died down as worries about consumer-discretionary and tech stocks overcame investors’ faith in global actions to quell the credit crisis, the Wall Street Journal reports. The Dow, up nearly 400 early, ended off 76.62, to 9,310.99. The Nasdaq, especially... More »

Buffett Grabs $3B Chunk of GE

Shrewd market player aiming for windfall after chaos clears

(Newser) - Mega-pockets investor Warren Buffett is sinking $3 billion into General Electric, whose share prices have slumped a third amid the financial chaos on Wall Street, Reuters reports. Buffet, 78, negotiated a 10% dividend, which could generate $300 million income a year. The move comes a week after he invested $5... More »

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