Coca-Cola Co
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Consumer Staples : Beverages | Large Cap BlendCompany profile

The Coca-Cola Company is a beverage company. The Company owns or licenses and markets non-alcoholic beverage brands, primarily sparkling beverages and a range of still beverages, such as waters, flavored waters and enhanced waters, juices and juice drinks, ready-to-drink teas and coffees, sports drinks, dairy and energy drinks. The Company's segments include Europe, Middle East and Africa; Latin America; North America; Asia Pacific; Bottling Investments, and Corporate. The Company owns and markets a range of non-alcoholic sparkling beverage brands, including Coca-Cola, Diet Coke, Fanta and Sprite. The Company owns or licenses and markets over 500 non-alcoholic beverage brands. The Company markets, manufactures and sells beverage concentrates, which are referred to as beverage bases, and syrups, including fountain syrups, and finished sparkling and still beverages.

Postmarket

Last Trade
Delayed
$54.51
0.18 (0.33%)
Bid
--
Ask
--
B/A Size
--

Market Hours

Closing Price
$54.33
Day's Change
3.11 (6.07%)
Bid
--
Ask
--
B/A Size
--
Day's High
54.64
Day's Low
52.76
Volume
(Heavy Day)
Volume:
32,880,919

10-day average volume:
9,156,702
32,880,919

Qualcomm to appeal judge's ruling in favor of FTC litigation, stock tumbles on heavy volume

8:50 am ET May 22, 2019 (MarketWatch)
Print

Qualcomm Inc. (QCOM) said Wednesday that it "strongly disagrees" with the ruling of a federal judge (http://www.marketwatch.com/story/qualcomm-found-to-violate-antitrust-law-in-judicial-order-that-could-shake-up-smartphone-industry-2019-05-22) in favor of the Federal Trade Commission's (FTC) suit alleging the mobile chips maker illegally suppressed competition. Qualcomm said it will "immediately seek a stay" of the U.S. District Court Judge Lucy Koh's judgment and an "expedited appeal" to the U.S. Court of Appeals for the 9th Circuit. Qualcomm's stock tumbled 11% on premarket leading volume of 6.4 million shares. "We strongly disagree with the judge's conclusions, her interpretation of the facts and her application of the law," said Qualcomm General Counsel Don Rosenberg. The stock has soared 46.4% over the past three months through Tuesday, boosted by the announcement last month (http://www.marketwatch.com/story/apple-deal-doesnt-solve-qualcomms-problems-2019-05-01) that the company and Apple Inc. (AAPL) have dropped all lawsuits against each other. In comparison, the PHLX Semiconductor Index has edged up 0.7% the past three months and the S&P 500 has tacked on 2.6%.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

May 22, 2019 08:50 ET (12:50 GMT)

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