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Stock impact report

Coca-Cola stock has worst day in decade [CNN]

McDonald's Corporation (MCD) 
Last mcdonald's corporation earnings: 4/30 06:58 am Check Earnings Report
Company Research Source: CNN
Coca-Cola issues disappointing 2019 forecast because of volatility Shares of Coca-Cola slumped 8% on the news, marking its worst trading day since October 2008. Global companies like McDonald's ( MCD ) and others have warned that a hard Brexit will result in "significant" disruptions to their supply chains. And businesses remain on edge as US and Chinese negotiators try to strike a deal before the start of March, when the US government is due to sharply raise tariffs on Chinese goods. Tariffs already imposed by the two countries have caused major disruptions for businesses and rattled financial markets. CEO James Quincey on Thursday called the projections "prudent" on a conference call with investors discussing fourth quarter and full year earnings for 2019. This year will "be more volatile and uncertain than 2018," Quincey said on CNBC's " Squawk on the Street " Thursday morning. Coca-Cola's sales declined 6% to $7.1 billion for the last three quarters of 2018, and fell 10% to $31.9 Show less Read more
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