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(Reuters) -Coca-Cola Co raised its full-year profit forecast on Wednesday, banking on higher prices and demand for its sodas globally to counter rising costs due to supply chain disruptions.
The Coca-Cola Company is an American multinational corporation founded in 1892. It manufactures, sells and markets soft drinks including Coca-Cola, other non-alcoholic beverage concentrates and syrups, and alcoholic beverages. Its stock is listed on the New York Stock Exchange and is a component of the DJIA and the S&P 500 and S&P 100 indexes.
Ambev, formally Companhia de Bebidas das Américas and Companhia Brasileira de Bebidas, is a Brazilian brewing company now merged into Anheuser-Busch InBev. Its name translates to "Americas' Beverage Company", hence the "Ambev" abbreviation. It was created on July 1, 1999, with the merger of two breweries, Brahma and Antarctica.
The world’s largest soft drink manufacturer Coca-Cola said it expects to deliver organic revenue growth in 2021 after the COVID-19 pandemic battered sales last year and reported better-than ...
The American Beverage Association's lobbying efforts have recently skyrocketed, largely to finance the industry's opposition to legislators’ considering increased taxes on soft drinks given their impact on Americans' health. The Association has annually spent from $391,000 to more than $690,000 annually on lobbying from 2003 to 2008.
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