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Check Out Line: Have a Coke and an in-line quarterly profit

February 9, 2010

coke1Check out Coke’s quarterly profit.

Coca-Cola reported a fourth-quarter profit that matched Wall Street’s expectations as strong volume in China, India and Brazil offset a decline in North America. Lower costs and market share gains in both the carbonated and noncarbonated segments helped too.

Coke’s growth in the developing markets — fourth-quarter volume rose 7 percent in Latin America and 11 percent in the Pacific region — helped offset a 1 percent volume decline in the closely watched North American market. Volume was up 1 percent in Europe.

Also in the basket:

McDonald’s January same-store sales up 2.6 pct

Toyota adds new Prius to global recall list

Swatch Group sees sales pick-up, aims for record year

Molson Coors Q4 profit misses estimates

Warner Music falls to loss, but beats Street

(Reuters photo)

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