Year: 2019

(Bloomberg) — Coca-Cola Co. international sales and low-sugar offerings like Coca-Cola Zero Sugar drove brisk revenue growth in the third quarter. Shares jumped in early trading before paring much of the gain.The beverage giant said unit case volume grew by 2%, while net revenue expanded 8% to $9.5 billion. The key metric of organic revenue, which strips out some items like currency effects, jumped 5% — higher than analysts’ average estimate for a 4.1% gain. Key InsightsAs U.S. consumers increasingly opt for sparkling waters and plant-based milks over sugary beverages, Coke is betting big on offerings in these categories and …read more […]

While some investors are already well versed in financial metrics (hat tip), this article is for those who would like… …read more […]

The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). We’ll apply a basic P/E… …read more […]

Tesla Inc’s attempts to humble Porsche with a new lap record on Germany’s legendary Nordschleife racetrack have reignited a controversy about the value of lap times, as the circuit steps in to quash claims of cheating. Porsche and U.S.-based Tesla are battling to establish supremacy in lap times for four-door electric sportscars, but comparisons are not exact, as conditions, ranging from car modifications to tyre types, vary with each test. “We want to have circumstances that can be understood and replicated,” said Nuerburgring spokesman Alexander Gerhard, adding that the racing circuit operator had moved to tighten rules …read more […]

Schlumberger NV beat Wall Street estimates for quarterly profit on Friday, as higher drilling activity in international markets boosted demand for its equipment and services and offset weakness in North America. The international markets have been a bright spot for the oilfields service provider since last year as investor pressure to boost returns has forced North American oil and gas producers to spend less on drilling new oil wells. This is the first report under Olivier Le Peuch, who took over as CEO from Paal Kibsgaard in July. …read more […]

Every investor in Bausch Health Companies Inc. (NYSE:BHC) should be aware of the most powerful shareholder groups… …read more […]

While some investors are already well versed in financial metrics (hat tip), this article is for those who would like… …read more […]