Coca-Cola earnings fall

By Afp, New York
27 July 2016, 18:00 PM
UPDATED 28 July 2016, 00:00 AM
The sluggish global economy, more and healthier competition, and currency market turbulence again dragged on Coca-Cola Co.'s earnings in the second quarter, the company said Wednesday.

The sluggish global economy, more and healthier competition, and currency market turbulence again dragged on Coca-Cola Co.'s earnings in the second quarter, the company said Wednesday.

Net earnings rose 10.9 percent and core earnings per share beat expectations by two cents at 60 cents.