Correcting and Replacing - Coca-Cola Enterprises (CCE) updated its guidance, not The Coca-Cola Company (KO), as the orginal version stated. KO has NOT provided guidance. Coca-Cola Enterprises (CCE) on Tuesday September 8, 2009, narrowed its annual earnings guidance to the high end of the previously guided range of $1.44 to $1.49 per share. The revision was based on the performance of the company in the third quarter so far. The guidance excludes one-time items and includes an approximate 15 cent per share of negative currency translation. Management intends to boost sales through continued investment in its brands and new product innovation. Moreover, during the quarter, the company announced plans to invest an additional $200 million in Vietnam over the next three years. The company has already invested $200 million in its operations, comprising bottling plants near Hanoi, Da Nang and Ho Chi Minh ...

The Coca Cola Company (KO) on Tuesday September 8, 2009, narrowed its annual earnings guidance to the high end of the previously guided range of $1.44 to $1.49 per share. The revision was based on the performance of the company in the third quarter so far. The guidance excludes one-time items and includes an approximate 15 cent per share of negative currency translation. Management intends to boost sales through continued investment in its brands and new product innovation. Moreover, during the quarter, the company announced plans to invest an additional $200 million in Vietnam over the next three years. The company has already invested $200 million in its operations, comprising bottling plants near Hanoi, Da Nang and Ho Chi Minh City. Management at The Coca Cola Company considers Vietnam an important growth market. Moreover, strong performances for the company in emerging markets could also be ...

Silgan Holdings Inc. (SLGN), manufacturer of metal and plastic consumer goods packaging products, reported its second-quarter earnings before market open. The company reported earnings of $0.89 per share, above our expectations of $0.82 per share, but 3.3% lower than previous year’s EPS of $0.92.

Net sales in the quarter were down 6.2% to $689.5 million from $735.5 million in the prior-year quarter, primarily due to lower average selling prices in the Plastic Container business resulting from the pass through of resin price declines, unfavorable foreign currency translation impact, and lower volumes in the Plastic Container and Closures businesses.

The Metal Food Container segment’s second quarter revenue increased 7.4% year over year due to higher average selling prices and slightly higher unit volumes. Revenue in the Plastic Container segment was down 22.3% due to lower average selling prices, decline in unit volumes attributable to a weak macroeconomic environment, and unfavorable foreign currency

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The Coca-Cola Company (KO) and its bottling partner COFCO Coca-Cola Beverages Ltd. continued their expansion in China with the opening of two new bottling facilities in July 2009, located in less-developed central and western China. The new facilities are proof the company’s long-term commitment in China as part of the recently announced $2 billion, 3-year investment plan, which is primarily aimed to strengthen further growth in one of the world's largest and fastest growing beverage markets. The bottling facility at Xinjiang is expected to provide a strategically important platform for continuous growth of Coca-Cola in Northwestern China, which is the largest province. Similarly, the company also opened another new bottling plant in Nanchang, Jiangxi Province. This plant will provide refreshing Coca-Cola products to the 44 million consumers in this central region. Management states that by opening new plants in Jiangxi and Xinjiang, the company will be ...

President Elect Barack Obama promises to rebuild America “calloused hand by calloused hand.” David Fessler says Airgas Inc. (NYSE:ARG) is an great way to play an infrastructure boom. The company is the largest manufacturer and distributor of industrial, medical and speciality gases in the country. It’s business is well insulated from the economic slowdown, and it just hiked its dividend payment by 33%.

This from Investment U:

The other day, a neighbor knocked on my door to ask me if I could do a welding repair on his riding lawnmower. Welding is tricky business, and it’s more art than science. Making a good strong weld takes many hours of practice making bad ones. I can personally attest to this.

My wire-feed welder surrounds the welding area with carbon dioxide gas (CO2), which keeps oxygen away from the weld site. This results in a strong professional looking weld.

As I started

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The Coca-Cola Co. (KO) announced yesterday (Wednesday) that it will buy China Huiyuan Juice Group Ltd. for $2.3 billion (HK$17.9 billion) in an effort to diversify its presence in one of the world’s fastest-growing beverage markets. But the deal still requires government approval, which is anything but guaranteed. Coca-Cola’s offer of $1.56 per share (HK$12.20) is more than triple China Huiyuan’s recent closing price of HK$4.14 a share. It is the company’s largest overseas acquisition to date, and the biggest foreign takeover of a Chinese company ever. The deal values Huiyuan at 46.6 times this year’s estimated earnings, according to Bloomberg data. "It’s a sizeable offer, but certainly a very smart one," said Lou Basenese, editor of the Oxford Club’s Takeover Trader. "It’s better than building everything from ground zero. It’s a shortcut into a promising market." By 2025, ...