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Coca Cola Had A Better Quarter Than Expected


Today Coca Cola Co. (NYSE: KO) reported a higher third quarterly performance than expected and said the company was on track for its long term goal; doubling its 2010 "system revenue," by 2020. The system revenue includes Coca Cola's sales and that of their bottlers. Coke's CEO Muhtar Kent said the company would continue investing in its brands and looking for new acquisitions. 
In the third quarter net income went up to $2.45 billion from $2.31 last year, shares went up 53 cents.