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All Things Considered, Coca-Cola Did Pretty Well as World Fell Apart

Updated to include additional details on soda sales.

Considering volatile global economic conditions in the second quarter, things could have been far worse for Coca-Cola (KO) .

And investors seem to appreciate they weren't, sending shares slightly higher Wednesday morning following the beverage giant's latest earnings release. Adjusted for one-time items, earnings came in at 60 cents a share, surpassing Wall Street estimates for 58 cents. As in recent quarters, Coca-Cola's bottom line benefited from cost cuts and a heavy dose of share...