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Coca-Cola Net Income Rises 15% on More Sales

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Bloomberg News

Coca-Cola Co. said second-quarter profit rose 15% on higher sales of Dasani water and Coca-Cola Classic in North America.

Net income increased to $1.29 billion, or 52 cents a share, the Atlanta-based company said. Revenue rose 15% to $5.37 billion, the largest increase in seven years.

Shares fell 37 cents to $50 on the New York Stock Exchange.

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