Coca-Cola announces new initiatives

• Coca-Cola (NYSE:KO) announces a series of initiatives designed to stoke growth.
• The company plans to restructure its global supply chain, including manufacturing locations in North America.
• A new streamlined operating model will also be introduced aimed at driving efficiency.
• A long-term profit target of 6% to 8% is set by Coca-Cola, a level it doesn't see achieving in 2014 or 2015.
• A conference call with analysts has been set for 9:30 a.m. ET to discuss Q3 results and the initiative.