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Coca-Cola profit jumps 55%; shares spike higher

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THE COKE SIDE OF LIFE
"Coca-Cola Co. said Tuesday that its fourth-quarter profit rose 55%, as the soft-drink giant reported gains in volume overseas that offset a continuing domestic slump. The news, along with a broader market rally, helped lift Coke shares almost 4.5% in afternoon trade. Coca-Cola (KO 54.66, +2.01, +3.82%) earned $1.54 billion, or 66 cents a share, in the period vs. $995 million, or 43 cents a share, in the same quarter a year ago."
SOURCE:   MarketWatch

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