Trading Profile: The Coca-Cola Company manufactures, distributes, and markets nonalcoholic beverages worldwide. It principally offers sparkling and still beverages. The companyÂ’s sparkling beverages include nonalcoholic ready-to-drink beverages with carbonation, such as energy drinks, and carbonated waters and flavored waters. Its still beverages consist of nonalcoholic beverages without carbonation, including noncarbonated waters, flavored waters and enhanced waters, noncarbonated energy drinks, juices and juice drinks, ready-to-drink teas and coffees, and sports drinks. The Coca-Cola Company also offers flavoring ingredients, sweeteners, powders for purified water products, beverage ingredients, and fountain syrups. It markets its nonalcoholic beverages primarily under Coca-Cola, Diet Coke, Fanta, Sprite, and Simply brands. The company sells its finished beverage products primarily to distributors; and beverage concentrates and syrups to bottling and canning operators, distributors, fountain wholesalers, and fountain retailers. The Coca-Cola Company was founded in 1886 and is headquartered in Atlanta, Georgia.
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Recent KO News from Yahoo Finance & Seeking Alpha
Coca-Cola's $6 Billion Tax Fight: How Transfer Pricing Works »
In 2020, a US Tax Court largely upheld the IRS's transfer pricing adjustments against Coca-Cola. That left the company facing about $2.7 billion in additional taxes after the court found the company had under-reported income from transactions between its overseas affiliates. With interest, the total swelled to roughly $6 billion. Coke is appealing the decision. Cross-border transfer pricing is how multinational companies price transactions between related entities. Governments use these rules to prevent improper profit shifting. This video explains how it works and how it can trigger billion-dollar tax bills.
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Iran crisis lifts India bottled water prices, erasing Modi tax cut gains »
By Aditya Kalra NEW DELHI, March 19 (Reuters) - The Iran war has made bottled water in India 11% more expensive after prices of plastic bottles and caps surged, a change that has also erased the
Coca-Cola (KO) Valuation Check As Sprite Returns To NBA And Leadership Transition Takes Shape »
Coca-Cola (KO) is back at center court after Sprite reclaimed the NBA soft drink sponsorship, while a CEO handover to Henrique Braun and fresh product launches spotlight how management is repositioning the beverage giant. See our latest analysis for Coca-Cola. Despite all the headlines around Sprite’s NBA return, leadership changes and new product launches, Coca-Cola’s recent share price has cooled, with a 1-month share price return of a 3.44% decline after a 90-day gain of 7.97% and a 1-year...
Older Archived News Coca-Cola Co/The
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