Coca-Cola's profit rises as it sells more drinks

Coca-Cola says its profit rose in the third-quarter as the world's biggest beverage maker managed to sell more of its drinks despite choppy economic conditions.
The maker of Sprite, Powerade and Vitaminwater said global sales volume edged up 2 per cent, fueled by its performance in emerging markets such as China, India and Russia.
Revenue declined because of structural changes and unfavorable currency exchange rates.
For the period, the company says it earned USD 2.45 billion, or 54 cents per share. A year ago, the company earned USD 2.31 billion, or 50 cents per share.
Not including one-time items, earnings per share were 53 cents. That matched expectations.

Revenue fell 3 per cent to USD 12.03, which was short of the USD 12.05 billion analysts expected. Shares of Coca-Cola Co. Rose 1.6 percent at USD 38.51.