Coca-Cola will launch a cane sugar version of its soda
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Coca-Cola said it will add a cane-sugar version of its trademark cola to its U.S. lineup this fall, confirming a recent announcement by President Donald Trump.
Coca-Cola CEO James Quincey says he's 'rethinking' the company's Costa Coffee brand, raising questions about a potential sale.
Coca-Cola's move comes a week after President Trump said he had been talking to the soft drink giant about using cane sugar rather than high-fructose corn syrup in its signature drink.
Coca-Cola's quarterly estimates beat expectations, the company said Tuesday, boosted by higher prices even as volumes dropped in key markets, while the company said it would introduce a Coke product made with cane sugar in the United States.
When asked which sweetener they’d prefer in their Coca-Cola, 76% of respondents chose cane sugar. Just 2.8% picked high-fructose corn syrup.
Shares of Coca-Cola Consolidated (NASDAQ: COKE), America's largest independently owned bottler of Coca-Cola (and 35%-owned by The Coca-Cola Company itself, according to data from S&P Global Market Intelligence ), jumped 9% through 9:55 a.m. ET this morning after the company reported earnings last night.
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