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Coke profits rise 61%

Posted online February 9, 2016 | 12:36 pm

Coca-Cola Co.'s net income surged 61 percent in the fourth quarter to $1.2 billion compared to the same time a year earlier.

Revenue fell 8 percent to $10 billion during the quarter.

During the quarter, global beverage volume rose 3 percent, including a 2 percent increase in sparkling beverages.

Read more from USA Today.

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