Yesterday, a few hours after The Coca-Cola Co released its third-quarter results that showed a 14% drop in profits, CNBC analyst Jim Cramer made it clear where he believed the blame lay. “This is not a well-run company,” the Mad Money presenter bellowed, demanding that Coca-Cola’s “halo” be “ripped off”.
Comment – Testing Times for Coca-Cola Co But Halo Still Shines
Yesterday, a few hours after The Coca-Cola Co released its third-quarter results that showed a 14% drop in profits, CNBC analyst Jim Cramer made it clear where he believed the blame lay. “This is not a well-run company,” the Mad Money presenter bellowed, demanding that Coca-Cola's “halo” be “ripped off”. “I'm tired of excuses,” he said.