Coca-Cola warned yesterday that its sale for the second half of the year would disappoint investors.
It blamed miserable weather and weaker sales in the American market for its poor performance.
Shares fell 5% to a 16-month low on the New York stock Exchange after the soft drinks giant said that the warning was an attempt to respond to calls for greater transparency.
It blamed miserable weather and weaker sales in the American market for its poor performance.
Shares fell 5% to a 16-month low on the New York stock Exchange after the soft drinks giant said that the warning was an attempt to respond to calls for greater transparency.
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