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Earnings roundup: Coca-Cola, Johnson Controls



By AP
17 July 2008 @ 10:43 am EST

Among the earnings stories for Thursday, July 17, from AP Financial News:

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ATLANTA (AP)--Coca-Cola Co. said Thursday its second-quarter profit fell 23 percent as it took a one-time charge related to its bottler.

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MILWAUKEE (AP)--Johnson Controls Inc., which makes building and automotive systems, said its fiscal third-quarter profit rose 11 percent on a jump in sales at its building efficiency division.

COCONUT GROVE, Fla. (AP)--Watsco Inc. said Thursday its second-quarter earnings rose 14 percent, as an improved product mix sales at newly opened locations helped offset lower sales of some heating, ventilating and air conditioning (HVAC) systems.

HARTSVILLE, S.C. (AP)--Sonoco Products Co., which provides packaging products and services, said Thursday its second-quarter earnings rose sharply, helped by higher sales and better productivity.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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