(Dividends increasing payouts slideshow updated with news of Home Depot's (HD) $1 billion share buyback and Cisco System's (CSCO) intent to acquire privately-held newScale.)
NEW YORK ( TheStreet) -- Comcast ( CMCSA), Abbott Laboratories ( ABT) and Coca-Cola ( KO) joined a roster of
On March 23 Goldman Sachs ( GS) analysts raised their estimates on Coca-Cola despite the massive earthquake, tsunami and nuclear crisis in Japan. The equity research firm now expects Coca-Cola to earn between $3.92 per this year, up 4 cents from its prior estimate, reflecting positive foreign exchange benefits partially offset by 3 cents-per-share lower profits out of Japan. Goldman pointed out that Japan accounts for 6% of Coca-Cola's volume, 9% of sales and low-teens EBIT. The analysts expect volumes for the first two months of this year to be flat, while in March the line item should fall about 15%. "We remain buy rated on KO, as we continue to see solid volume momentum, has a relatively moderate cost headwind, and we expect the impact from Japan to be manageable," Goldman noted.
Teva Pharmaceutical Industries
Interpublic Group of Companies