The Coca-Cola Company (KO) is an American historical multinational beverage corporation and manufacturer, retailer, and marketer of nonalcoholic beverage concentrates and syrups, which is headquartered in Atlanta, Georgia. The company is best known for its flagship product Coca-Cola, invented in 1886 by pharmacist John Stith Pemberton in Columbus, Georgia. The Coca-Cola formula and brand was bought in 1889 by Asa Griggs Candler (December 30, 1851 – March 12, 1929), who incorporated The Coca-Cola Company in 1892. The company operates a franchised distribution system dating from 1889 where The Coca-Cola Company only produces syrup concentrate which is then sold to various bottlers throughout the world who hold an exclusive territory. The Coca-Cola Company owns its anchor bottler in North America, Coca-Cola Refreshments. Its stock is listed on the NYSE (NYSE: KO) and is part of DJIA; S&P 500 index; the Russell 1000 Index; and the Russell 1000 Growth Stock Index. As of 2015, its chairman and its CEO is Muhtar Kent.
Reported this morning: Earnings: EPS of $0.45/share and revenue of $10.28B Estimate: EPS of $0.44/share and revenue of $10.29B
Reported before open today (10/26/16) Earnings: EPS $0.49 Revenue $10.6B Estimates: EPS $0.48 Revenue $10.54B Down 0.24% today
Upcoming dividend information: Ex-Div-Date: 11/29/16 Payment Date: 12/15/16 Dividend: $0.35 Current Price: $40.91 Annual Yield: 3.42%
Anyone got this on their radar as prices has fallen to $40.50 range? Still have a strong dividend yield.
I know. It was intended. I thought people who are invested in Coke would know a thing or two about their biggest competitor and all the latest developments.
I know just tossing that in, I like coke, actually considering getting the kids set up in a few with drip plans. Need the price to drop though. There are several stocks that will hold up, regardless of market conditions.
Yesterday, Aurora was reported to be working with Coca Cola on a cannabis infused beverage for the Canadian market. Today, Aurora has released a statement indicating they are not working with anyone on a cannabis based drink. When asked about the source of the reports, Aurora said they are pretty sure that, at the time of the announcement yesterday, the investor relations department at Coca Cola was baked out of their gourd.
Saw this on Fast Money. We always predicted that the big boys will get into the market eventually, here we are!
I'll probably try to sell The Coca-Cola from the trend line. If the price is fixed above the trend line, I will fix losses. Worth the risk. Weekly
Now, with little risk, it may be possible to sell Coca-Cola shares. The price reached the trend line. Stochastic overbought. Ichimoku indicator shows the state of the market - flat. In the flat you can open on stochastics. Especially when the rebound from the level. The level is the trend line. Weekly.