Coca-Cola raises annual organic sales forecast on global demand, higher prices

- Coca-Cola raised its annual organic sales forecast on Tuesday, signaling strong global demand for its pricey sodas and juices, sending the company's shares up 2% in premarket trading .

Coca-Cola's average selling prices rose 13% in the first quarter, the company said, while unit case volumes increased 1%.The soda giant expects fiscal 2024 organic sales to grow between 8% and 9%, compared with a previous forecast of a 6% to 7% rise.Do you have some extra cash to spare? These three discounted stocks are poised for a rebound. The post 3 Beaten-Down Stocks that Could Take Off in the New Bull Market appeared first on The Motley Fool Canada.

TORONTO — The majority of Canadians aspiring to buy a home say they will push their plans to next year or later to wait for interest rates to drop, a new survey shows. Bank of Montreal says 72 per cent of respondents hoping to buy a home will wait until borrowing costs fall — an increase of four per cent compared with last year. The Bank of Canada is widely expected to begin cutting its key lending rate in the second half of the year.

Source: Financial Digest (financialdigest.net)

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