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Coke has strong 1st quarter on higher prices, China rebound

Published Wed, 27 Nov 2024 13:02:03 GMT

Coca-Cola Co. reported higher-than-expected sales in the first quarter as it continued to hike prices and saw its business in China improve.Revenue rose 5% to $11 billion for the January-March period, the company said Monday. That beat Wall Street’s expectations. Analysts polled by FactSet had forecast revenue of $10.8 billion.Adjusted for one-time items, the Atlanta beverage giant earned 68 cents per share. That also beat analysts’ forecast of a 65 cents.Pricing and mix __ which includes changes in package sizes __ contributed 11% to its revenue growth while concentrate sales rose 1%. The company has said it expects to see slower growth this year as prices moderate.Unit case volumes jumped 10% in Asia as COVID-related shutdowns ended in China. In North America, sales were flat. Higher sales of soft drinks, juice and dairy were offset by lower sales of water, tea and coffee.Source

Garrett Motion: Q1 Earnings Snapshot

Published Wed, 27 Nov 2024 13:02:03 GMT

ROLLE, Switzerland (AP) — ROLLE, Switzerland (AP) — Garrett Motion Inc. (GTX) on Monday reported net income of $81 million in its first quarter.The Rolle, Switzerland-based company said it had net income of 13 cents per share.The maker of vehicle turbocharging and electric-boosting gear posted revenue of $970 million in the period.Garrett Motion expects full-year revenue in the range of $3.79 billion to $3.98 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GTX at https://www.zacks.com/ap/GTXSource

Capital City Bank: Q1 Earnings Snapshot

Published Wed, 27 Nov 2024 13:02:03 GMT

TALLAHASSEE, Fla. (AP) — TALLAHASSEE, Fla. (AP) — Capital City Bank Group (CCBG) on Monday reported first-quarter earnings of $15 million.The Tallahassee, Florida-based bank said it had earnings of 88 cents per share.The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 78 cents per share.The bank holding company posted revenue of $66.2 million in the period. Its revenue net of interest expense was $62.6 million, also topping Street forecasts.Capital City Bank shares have declined 13% since the beginning of the year. The stock has increased 14% in the last 12 months._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CCBG at https://www.zacks.com/ap/CCBGSource

Coke: Q1 Earnings Snapshot

Published Wed, 27 Nov 2024 13:02:03 GMT

ATLANTA (AP) — ATLANTA (AP) — Coca-Cola Co. (KO) on Monday reported first-quarter profit of $3.11 billion.On a per-share basis, the Atlanta-based company said it had net income of 72 cents. Earnings, adjusted for one-time gains and costs, were 68 cents per share.The results surpassed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 65 cents per share.The world’s largest beverage maker posted revenue of $10.98 billion in the period, also topping Street forecasts. Seven analysts surveyed by Zacks expected $10.87 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KO at https://www.zacks.com/ap/KOSource

El motor de avión de American Airlines se incendió tras un posible choque con aves

Published Wed, 27 Nov 2024 13:02:03 GMT

(CNN) — Un avión de American Airlines se vio obligado a regresar al aeropuerto este domingo por la mañana en Columbus, Ohio, luego de que un posible choque con aves pudiera haber provocado un incendio en el motor.El Boeing 737 designado para el vuelo 1958 partió de Columbus hacia Phoenix antes de que la tripulación informara sobre un posible choque con aves alrededor de las 8 a.m., hora local, dijo la Administración Federal de Aviación (FAA).El avión hizo un regreso seguro al Aeropuerto Internacional John Glenn Columbus, dijo la FAA.¡Serpiente a bordo! Una cobra aparece en la cabina de un avión junto al piloto y obliga a un aterrizaje de emergenciaEste fotograma de un video parece mostrar llamas saliendo del vuelo 1958 de American Airlines sobre Columbus, Ohio, después de un posible choque con aves el domingo. (Crédito: Ben Nines)“Los equipos de emergencia respondieron a un incidente de aeronave en CMH esta mañana que involucraba un incendio en el motor reportado. El avión ate...

Kimberly Palmer: How to bolster your financial confidence

Published Wed, 27 Nov 2024 13:02:03 GMT

Melinda Perez, a financial educator, still remembers the first time she felt financially confident. She had recently started investing money outside of her employer-sponsored retirement account because she was finally earning more than she spent. “It was exciting because for once, I had what felt like extra money,” recalls Perez, who lives in San Antonio, Texas.Financial confidence, or the belief in one’s money-related abilities, might not come up as much as financial literacy — especially in April, Financial Literacy Month — but money experts say it’s often the hidden ingredient behind savvy money decisions. “If there’s no financial confidence, there is no willpower to succeed. We translate that to financial self-efficacy,” says Perez, who also studies financial confidence as part of her research as a doctoral candidate in organizational leadership.But confidence with money can be hard to come by. According to a NerdWallet survey in January, three quarters of Americans say they do ...

From the ring to the streets: Meet Elia Carranza, BSO deputy who’s also a pro fighter

Published Wed, 27 Nov 2024 13:02:03 GMT

In a world where most people stick to one career, Elia Carranza has chosen two. When she’s not fighting in the ring as a professional athlete, she’s out on the streets as a Broward Sheriff’s Office deputy, serving and protecting her community.“I love it, I absolutely love it,” said Carranza about her dual careers. “I love coming out here, but it’s always that you never know what you’re coming into.”Carranza is currently ranked among the best in her weight class and sport. Her time in the ring has honed her “seek and destroy” mentality, giving her the drive and determination to go after her goals relentlessly, but her work as a deputy has also helped her become a more well-rounded fighter. “That’s the mentality. You gotta go, go, go. There’s this dog, lion, wolf mentality that we just have when we’re in here,” she said. “On the road, it’s more so, I’m protecting people ev...

‘Tennessee three’ to visit Biden at White House

Published Wed, 27 Nov 2024 13:02:03 GMT

WASHINGTON (AP) — Three Tennessee lawmakers who faced expulsion votes after participating in protests over last month’s school shooting in Nashville will visit the White House to meet with President Joe Biden on Monday.Press secretary Karine Jean-Pierre announced the visit on Wednesday. She said Biden was “proud” and “appreciative” to see the three state representatives calling for stronger gun restrictions, particularly a ban on so-called assault weapons.The president spoke with the lawmakers to thank them “for speaking out and for standing their ground, and being very clear about what’s needed to protect their communities,” Jean-Pierre said.The expulsion votes added a level of political drama and controversy to the violence at The Covenant School, where three children and three adults were killed.Two of the lawmakers — Rep. Justin Pearson and Rep. Justin Jones, both Black — were expelled by the Republican-controlled legislature. The third, Rep. Gloria Johnson, who is w...

EU nears endgame of trade talks with Australia

Published Wed, 27 Nov 2024 13:02:03 GMT

Australian and European trade negotiators are meeting this week for what they hope will be the last formal negotiating round of the EU-Australia trade talks. But don’t hold your breath for a handshake between the two top politicians just yet.The endgame of the negotiations will be crucial for Brussels, as it set to have an impact on politically powerful groups like French farmers, German carmarkers and Italian parmesan-makers. Meanwhile, Canberra is positioning itself as more “hard to get” than its smaller neighbor New Zealand, which sealed its own trade deal with Brussels last year. European Commission President Ursula von der Leyen has made the deal a priority for the bloc in its quest to cut the EU’s trade dependency on countries like Russia and other more autocratic regimes, while improving Europe’s competitiveness. It would be a big geopolitical win to seal such a pact with a like-minded country, even though Australia is not one of the EU’s l...

Former Minnesota police officer Kim Potter released from prison after serving time for deadly shooting of Daunte Wright

Published Wed, 27 Nov 2024 13:02:03 GMT

(CNN) — Former Minnesota officer Kimberly Potter has been released from prison after serving 16 months of a two-year sentence in the fatal shooting of Daunte Wright, whom she shot after mistaking her gun for a Taser during a traffic stop in Brooklyn Center, according to the Minnesota Department of Corrections.Potter was released from the Minnesota Correctional Facility-Shakopee at 4 a.m. on Monday, the department said, noting the early hour was due to safety concerns and the potential for violent protests outside the facility.Potter was convicted of two counts of manslaughter in the killing of 20-year-old Wright, an unarmed Black man, during a 2021 traffic stop near Minneapolis. Wright was pulled over for having expired tags and for a hanging air freshener.Potter will be on supervised release for the remaining third of her sentence, in accordance with Minnesota law, which doesn’t provide time off for good behavior, the corrections department said. Potter’...