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Coca-Cola says demand in April has been weakened by coronavirus pandemic, volume off 25% so far this monthCoca-Cola expects that the coronavirus pandemic will have a material impact on its second quarter.
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Oil prices collapse below zero, scrambling the clean energy transitionThe stunning collapse of oil prices today was the latest shock to an economy disrupted by the coronavirus outbreak. And it was yet another jolt to an energy sector already grappling with a challenging transition from fossil fuels to cleaner power sources.
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Coca-Cola's stock rallies after profit, revenue beatsShares of Coca-Cola Co. undefined rose 1.6% in premarket trading Tuesday, after the beverage giant reported first-quarter profit and revenue that beat...
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Global Stocks Drop as Turmoil Grips Oil MarketS&P 500 futures fell alongside international stocks, after U.S. crude-oil futures plunged below zero for the first time in the latest bout of market turbulence sparked by the global coronavirus pandemic.
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Coca-Cola sees second quarter sales hit from coronavirus lockdownCoca-Cola Co on Tuesday forecast a significant hit to current-quarter results as restaurants, theaters and other venues that represent about half of the company's revenue remain closed because of the coronavirus pandemic.
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Global Stocks Drop as Oil Market ShuddersU.S. stock futures slid amid a chaotic rout in oil markets in the latest bout of turbulence sparked by the coronavirus pandemic.
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