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Tuesday, June 10, 2008

Business news for Tuesday, June 10, 2008

Analysts believe Atlanta-based Coca-Cola will improve its profits, mainly because of strong international growth and a weak U.S. dollar. One analyst with Deutsch Bank boosted his rating on the soft drink maker from 'hold' to 'buy.' The upgrade comes as shared of Coca-Cola dropped eight percent since April 16th, when the company posted a 19-percent jump in first-quarter profits.

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