- Coca-Cola Co. posted first quarter net profit was $835 million, compared with a loss of $194 million in the same period last year. Revenue was $4.5 billion, up 10 percent from $4.08 billion a year earlier.
- PepsiCo Inc. posted first-quarter earnings that rose to $777 million, from $689 million a year earlier. Net revenue was $5.53 billion, up from $5.31 billion in the year-ago quarter.
- KC's View: