Coca-Cola 4Q profit drops
Photo credit: AP | Cases of Coca-Cola are seen on a counter at a local store in August 2011 in West Bath, Maine, in this photo illustration. (Aug. 8, 2011)
Coca-Cola Co.'s fourth-quarter net income dropped 71 percent, weighed down by restructuring charges and other costs. But the beverage maker's adjusted results topped Wall Street's expectations.
Its stock added 62 cents to $68.65 in Tuesday premarket trading.
Coca-Cola, whose brands include Sprite and Minute Maid, earned $1.65 billion, or 72 cents per share, for the period ended Dec....
