Coca-Cola eyes more price hikes in emerging markets

Coca-Cola lifted its full-year earnings targets Wednesday after second-quarter results topped estimates as it described plans to limit additional price hikes to emerging markets with the most intense inflation. The soda giant reported profits of $2.5 billion, up 34 percent from the year-ago period on a six percent increase in revenues to $12 billion. While … Continue reading Coca-Cola eyes more price hikes in emerging markets