Coke tops Street 2Q forecasts

ATLANTACoca-Cola said its profit rose in its second quarter as it cut costs and benefited from a gain related to its purchase of a stake in energy drink maker Monster Beverage.

The Atlanta-based maker of Sprite, Dasani and Powerade also said global beverage volume rose 2 percent in the quarter, with revenue climbing 4 percent when stripping out the impact of structural changes and foreign currency rates.

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