DJIA slides: Coca-Cola Company (NYSE: KO) and United Technologies Corporation (NYSE: UTX) loses footing

The Coca-Cola profit up 12% in first half

In brief: The Dow Jones Industrial Average catches a bearish trend. The Coca-Cola Company (NYSE: KO) and United Technologies Corporation (NYSE: UTX) shares can not stabilize the price.

The Dow Jones Industrial Average continues to lose in price. The Dow Jones Industrial is 10,321.92 points, decreasing by 0.55%. United Technologies Corporation (NYSE: UTX) is close to 70.62 points, losing -0.65 (-0.91%) today. The Coca-Cola Company (NYSE: KO) shares go into the red zone.

The Coca-Cola Co. of 55.48 points, giving the bulls -0.56 (-1.00%). At the same time, Australia’s largest producer of soft drinks Coca-Cola Amatil has published data on the 12% increase in half-year net profit to A $ 212,7 million ($ 190 million). However analysts had expected A $ 208 million was reported that earnings per share Coca-Cola Amatil in the first half reached 28.3 Australian cents, compared with 25.7 Australian cents a year earlier. The profitability of the company rose to 19,9% compared to 19.1% during the same period in 2009 is worth noting that Coca-Cola Amatil expects growth in annual net profit by 12% to A $ 504,8 million compared with A $ 449 million year earlier.

Anrey Torbinski
2010-08-12 14:12, Economics.

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