Coca-Cola profit warning

The Coca-Cola Company has predicted that its third quarter earnings would come to 35 cents a share, unchanged from the same period…

The Coca-Cola Company has predicted that its third quarter earnings would come to 35 cents a share, unchanged from the same period last year.

But it said that in the final three months of 1998 earnings per share would likely be lower than last year because of losses due to foreign currency transactions.

Chairman, Mr Douglas Ivester also cited global economic weakness.

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