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Coca-Cola (KO) Stock Slips After Mixed Q2 Results

NEW YORK (TheStreet) -- Shares of Coca-Cola (KO) are slumping 2.94% to $43.56 this morning as the soft-drink giant reported mixed second quarter results after yesterday's market close.

Coca-Cola reported comparable earnings of 60 cents per share, beating analysts estimates by a penny. Revenue fell 5% year-over-year to $11.54 billion, missing analysts expectations of $11.64 billion.

The company reported earnings of 63 cents per share on revenue of $12.15 billion for the 2015 second quarter.

Coca-Cola cut its 2016...