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Coca-Cola (KO -0.5%) CEO Muhtar Kent downplays the effect that spiking corn prices will have on...

Coca-Cola (KO -0.5%) CEO Muhtar Kent downplays the effect that spiking corn prices will have on its costs, pointing out that both sugar and aluminum are important commodity expenses. Despite the bravado, the impact of the historic rise in corn prices can't be ignored with hedging strategies pushed to the max.
Comments (1)
  • Richard's way
    , contributor
    Comments (24) | Send Message
     
    I see the rising commodity having little effect on Ko profits, dividends or stock price.
    31 Jul 2012, 04:47 PM Reply Like
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