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Coca-Cola posted stronger-than-expected third quarter earnings Tuesday and said solid demand for its Coke Zero brand supported North American revenues as a stronger U.S. dollar trimmed international sales growth.
Stocks see late rebound even as trade tensions persist ahead of holiday weekend.
Coca Cola has agreed buy Costa Coffee for $5.1 billion from U.K. based Whitbread.
Coke said Friday that it will purchase the Costa brand of coffee stores, the world's second largest behind Starbucks for around $5 billion from U.K. pub and hotel operator Whitbread plc.
U.S. stock futures edge lower on Friday, following comments from Donald Trump on tariffs and trade; Coca-Cola reaches a deal to buy Costa Coffee for $5 billion.
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