Avoiding collapse: DJIA is creeping upward, The Coca-Cola Company (NYSE: KO) shares rise

Pepsi plans to invest $ 250 million in Vietnam projects

In brief: The Dow Jones Industrial Average is gaining up to 1.5% due to the steady growth of major companies. Bulls increase trading volumes.

The DJIA stopped at 10,445.93 points, gaining +1.40%. The Coca-Cola Company (NYSE: KO) is still in the green zone. Bulls are bringing Coca-Cola shares to 56.23 points, gaining +0.35 (0.63%) in the first half of the trading session.

At the same time, within the next three years Pepsi, Coca-Cola’s chief competitor, plans to invest $ 250 million in projects in Vietnam as part of the business-expansion program in emerging markets. According to the company representatives, the projects will involve increasing productivity, strengthening of presence of existing brands and expansion of product line. Notably, in the past two years, Pepsi invested in local food and beverage factories.

Anrey Torbinski
2010-08-17 17:20, Economics.

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