Coca-Cola sees sales, profit rise
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From Times Wire Services
Coca-Cola Co. said third-quarter profit rose more than analysts estimated as sales climbed in China and India.
Net income increased 14% to $1.89 billion, or 81 cents a share, the Atlanta-based company said. Excluding some costs, per-share profit beat analysts’ predictions by 6 cents. Sales rose 9.1%, with more than half the gain coming from favorable currency exchange rates.
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