Coca Cola Faces Sales Slump Amid Bad Weather
Coca Cola reports weaker second quarter results due to cold wet conditions in North America and flooding in parts of Europe. Profit falls four percent while U S soda volume declines four percent as the firm plans stronger marketing and new packaging to restore growth.
MENTIONED IN THIS ARTICLE
New York
Coca-Cola
North America
Europe
U.S
Gary Fayard
CNBC
Fayard
Coke
India
China
PepsiCo Inc
Goldman Sachs posts doubled profits and 30 percent revenue rise
Goldman Sachs reports Q2 profit doubling and revenue up 30 percent driven by stock and bond underwriting and investments. Analysts focus on upcoming capital rules and potential effects on future earnings as CFO Harvey Schwartz faces questions.
MENTIONED IN THIS ARTICLE
New York
Goldman Sachs
New York Investment Bank
Goldman
Harvey Schwartz
Quantum Dawn 2 drills test bank cyber defense
Banks including JPMorgan Chase Bank of America Citigroup and Wells Fargo join Quantum Dawn 2 a large scale cyberattack drill orchestrated by SIFMA. About 50 banks and agencies such as the Treasury DHS SEC and FBI participate to assess resilience and maintain confidence in the financial system.
MENTIONED IN THIS ARTICLE
Wall Street
U.S
Dustry
Jamie Dimon
Jpmorgan Chase
Jpmorgan
Bank of America
Citigroup
Wells Fargo
Securities Industry and Financial Markets Association
SIFMA
the Treasury
The
Department of Homeland Security
Securities and Exchange Commission
FBI
Peachtree Street
Atlanta
Also Mentioned on This Page
Coca-Cola Co
Ene
Wilfredo Lee
Business News
At&t
At&t Next
T-Mobile US Inc
Gallup
Christina Rexrode
Marcy Gordon
Associated Press
David Goldman
Han Ae
Ant Cove
CSRA
Aiken County
Barnwell and Sacro
Aeres
Sou
Pema Me
Bobby Jones
Carpet-Country
Forest