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___ Yellen signals more aggressive stance toward banks WASHINGTON (AP) — The Federal Reserve may be about to turn more aggressive in its regulation of the financial system. Fed Chair Janet Yellen suggested Tuesday that current regulatory rules might not be enough to prevent the kind of risk-taking that triggered the 2008 financial crisis and nearly toppled the entire banking system.

Alberta ignored rules to hand out contracts on everything from yoga to Coca-Cola

EDMONTON - The Opposition Wildrose party says new documents reveal Alberta Health Services ran roughshod over its own policy to hand out almost a billion dollars in sole-sourced contracts. The money bought medical products and expertise, food services and snow clearing, but also went toward yoga classes, aquarium maintenance, and Coca-Cola. Wildrose critic Heather Forsyth notes that the agency's policy manual dictates big contracts —those more than $75,000 — must be put out to tender, except for extraordinary reasons.

Coca-Cola sales beat estimates as China volumes soar

By Siddharth Cavale (Reuters) - Coca-Cola Co reported better-than-expected quarterly revenue as strong sales in China more than offset a drop in Europe and flat volumes in North America. Coke's shares, which had fallen 3.4 percent in the 12 months to Monday's close, were up 3 percent in early trading. Global case volumes rose 2 percent in the quarter, while those in China rose 12 percent due to increased marketing around the Chinese New Year, the company said on Tuesday.

US stocks open higher on solid earnings reports

US stocks Tuesday opened higher following solid earnings reports from Dow members Johnson & Johnson and Coca-Cola. Five minutes into trade, the Dow Jones Industrial Average advanced 24.62 (0.15 percent) to 16,197.86. The broad-based S&P 500 added 3.15 (0.17 percent) at 1,833.76, while the tech-rich Nasdaq Composite Index put on 5.33 (0.13 percent) to 4,028.02.

Launching global WCup campaign, Coca-Cola discloses plan to soften tone if unrest hits Brazil

LONDON - Coca-Cola has disclosed contingency plans to adapt its World Cup sponsorship and soften its celebratory tone in Brazil if unrest returns to the streets. Launching their biggest World Cup marketing campaign, which aims to promote inclusivity, Coke executive vice-president Joe Tripodi told The Associated Press the soft drinks giant would react rapidly to any outbreak of protests in an attempt to reflect the mood of the nation.

Shareholder urges 'no' vote on Coca-Cola's management pay plan

NEW YORK, N.Y. - An investment fund is taking issue with Coca-Cola's pay proposal for management, saying it represents a "raw deal" for shareholders in light of the beverage maker's slowing growth. In a letter to Coca-Cola board members, Wintergreen Advisers CEO David Winters noted that Coca-Cola's equity plan would transfer roughly $13 billion to management over the next four years. His calculation was based on the current stock price and the company's proposal to issue a split-adjusted 340 million shares to its employees.

Philippines bid to set record for biggest 'woman' symbol

Over 10,000 people gathered in the Philippine capital on Saturday in a bid to set a world record for the largest formation of the gender symbol for "woman", as part of International Women's Day. The event, sponsored by the government's commission on women and the local bottler of Coca-Cola, brought together 10,168 men and women who formed the giant symbol in Manila's main public park, organisers said.

Coca-Cola CEO's pay drops 16 per cent to $18.2M as performance-based bonus declines

NEW YORK, N.Y. - Coca-Cola CEO Muhtar Kent saw his pay drop 16 per cent last year as the world's biggest beverage maker failed to meet its own long-term growth targets. Kent's package was worth $18.2 million for 2013, according to a filing made with the Securities and Exchange Commission on Friday. That's down from the $21.6 million he earned in the previous year.

Coca-Cola raises dividend to 30.5 cents from 28 cents, citing confidence in its cash flow

NEW YORK, N.Y. - Coca-Cola is raising its quarterly dividend by 9 per cent. The next dividend is payable April 1 to shareholders of record as of March 14. Coca-Cola says raising the dividend to 30.5 cents from 28 cents reflects the confidence it has in its long-term cash flow. The Atlanta company returned $9.8 billion to shareholders in 2013 through $5 billion in dividends and by buying back $4.8 billion in stock. It says it has returned $34.7 billion to shareholders since the start of 2010.

US stocks are mostly higher after long holiday weekend; Coca-Cola slump weighs on the Dow

NEW YORK, N.Y. - The U.S. stock market is mostly higher as traders return from a long holiday weekend. Health care stocks rose following a big merger in the pharmaceutical sector. Coca-Cola slumped after turning in disappointing quarterly results. The Dow Jones industrial average was little changed at 16,152 in midday trading Tuesday. The Standard Forest Laboratories jumped 30 per cent after another drugmaker, Actavis, agreed to buy the company for $25 billion. Coca-Cola fell 3 per cent after reporting lower fourth-quarter profit and sales.
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