Anheuser-Busch Pulls Budweiser Super Bowl Ads
The beer giant said it would redirect funds to vaccine outreach.
Coke to Cut 2,200 Jobs Amid Virus Slowdown
The company has been "trimming expenses and products amid the closures of restaurants, bars, movie theaters and sports stadiums that sell its drinks."
Coca-Cola to Cut Workforce in Global Reorganization
The company will offer voluntary layoff packages to about 4,000 workers in the U.S. and Canada.
Coca-Cola to Discontinue Juice Brand Odwalla
The loss of the juice and smoothie brand will entail 300 job cuts.
Coke Warns of Q2 Hit From Virus Lockdowns
The soda giant has already seen "significant changes in consumer purchase patterns, notably substantial declines in away-from-home channels."
Coca-Cola Earnings Top Estimates
Coca-Cola Zero Sugar, sparkling soft drinks, and water led in sales growth.
CFOs on the Move: Week Ending Oct. 26
CBS, Hamilton Beach Brands, BorgWarner, Doctor on Demand, Loot Crate, Jele-Wen, ServiceSource, Orion Group, WageWorks, Coca-Cola
Coke CFO Waller Ending ‘Remarkable’ Career
After three decades at the company, Kathy Waller will retire in March and be replaced by Asia Pacific Group chief John Murphy.
Keurig Dr Pepper to Buy Core Nutrition
Keurig Dr Pepper said it expects the transaction to be neutral to the company's adjusted diluted earnings per share in 2019 and accretive thereafter.
How Will Tariff-Driven Price Hikes Affect Sales?
Some consumer goods companies are increasing prices, but there are signs of renewed price sensitivity among buyers, says Korn Ferry's Craig Rowley.
Investors Push for Climate Risk Disclosure
Companies that haven't made extensive disclosures about their climate risk profile should be prepared for a raft of questions from shareholders.