Hint: The Coca-Cola upgrade has little to do with the actual earnings.

Newsletter: ‘Worse Before it Gets Better’

02:40pm, Wednesday, 22'nd Jul 2020
Your daily economics newsletter from The Wall Street Journal.
The iconic brand's focus on away-from-home sales was a big liability during the early days of the COVID-19 pandemic.
This simple picture doesn't need to say a thousand words, but it still speaks volumes.

Business Highlights

11:04pm, Tuesday, 21'st Jul 2020
___ Facebook’s voting labels on candidate posts sow confusion OAKLAND, Calif. (AP) — Facebook has started labeling all posts about voting by federal elected officials and candidates in...
AMERICAN soft drink giant Coca-Cola’s nets sales have fallen to 28 percent year-over-year during the coronavirus pandemic. The company attributed the decline to the closures of “away-from-hom…
Second-quarter earnings reports from Coca-Cola and PepsiCo show the two iconic brands must make big modifications to what was seen as an impervious business.
Coca-Cola Co. said it believes the biggest challenges of the pandemic are behind it, despite the current surge in coronavirus cases in many parts of the U.S....
Half of Coca-Cola's sales come from stadiums, movie theaters and other places where people gather in large numbers — venues that have blinked out in the pandemic.
Coca-Cola CEO James Quincey said that the company's business will likely not recover completely from the coronavirus pandemic until a vaccine or another comprehensive solution is available.
Coca-Cola’s revenue plunged 28% in the second quarter, but the company says things are improving as lockdowns ease globally
Coca-Cola’s global sales plummeted 28 percent in the second quarter as coronavirus lockdowns continued to crimp consumption, the company said Tuesday. The soft drink giant said pressure on …
Coke’s earnings beat forecasts by a couple of pennies, but it was the underlying trends that appeared to excite investors.
Coca-Cola CEO James Quincey said the company believes that the second quarter will likely be the most challenging of the year.
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