Coca-Cola (NYSE: KO) reported second-quarter financial results before the regular trading hours on Tuesday. Despite a steep decline in revenues and income, the beverage giant managed to surpass analyst projections, sending the stock up 1.4% during pre-market hours.
The company added that unit case volume for July month-to-date was down mid-single digits globally, even though there has been an improvement in away-from-home channels.
Benchmark stock indexes pared their recent gains early this week amid elevated inflation concerns, but regained a part of the momentum later aided by recovery in tech stocks. The Dow
Aurora Cannabis Inc. (NYSE: ACB) reported third quarter 2021 earnings results today. Total revenues fell 25% year-over-year to CAD55.1 million. Adjusted EBITDA loss amounted to CAD24 million. Cash balance as
Media behemoth The Walt Disney Company (NYSE: DIS) reported second-quarter revenues that declined from last year as customers stayed away from theatres and parks due to pandemic-related safety issues and