The Coca-Cola Co. reported a 7% increase in Q2 profit on a modest rise in sales, beating expectations. The beverage maker said it earned $1.84 billion, or 78 cents a share, up from $1.72 billion, or 72 cents a share a year ago. Merrill Lynch posted 42% profit growth in Q2 as the company managed a strong performance in its proprietary stock trading. The company reported a profit of $1.63 per share, compared with $1.14 per share last year on 29% revenue increase. |
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