As one of the larger companies of the consumer discretionary sector, The Coca-Cola Company ( KO ) shares have enjoyed a relative upward trend since the beginning of 2022 as investors appear to be bracing for potential interest rate hikes. Coca-Cola shares currently trade in an above average range based on historical volatility, and option traders appear to be positioned for the stock to rise after the company reports earnings for the fiscal fourth quarter. Analysts expect the company to announce $0.41 in earnings per share (EPS) and $8.93 billion in revenue. Investors will be paying keen attention to how Coca-Cola has managed to navigate ongoing supply chain issues and how rising costs could affect the bottom line. Insiders have recently increased the amount of shares being sold, unloading over 314,000 shares valued at close to $18.6 million over the past 90 days. Investors will be keeping an eye on if the beverage maker can continue to increase sales volume and what, if … [Read more...] about Can Coca-Cola (KO) Keep Up the Trend?
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‘It’s Disgusting’: Reporter Hits Back After WHCA Threatens To Expel Him For Interrupting Psaki’s Last Briefing
Today News Africa White House correspondent Simon Ateba hit back at the White House Correspondents Association (WHCA) threatening to suspend or expel him for interrupting Friday’s White House press briefing. Ateba derailed White House press secretary Jen Psaki’s last briefing as he talked over two reporters, including Associated Press reporter Zeke Miller. After one of the reporters confronted the Today Africa News reporter, Psaki stepped in and ordered him to respect the fellow White House reporters. White House Correspondents Association President and CBS News Radio White House correspondent Steven Portnoy addressed Ateba’s interruptions in a Monday email obtained by the Daily Caller threatening to enact their right to suspend him from the briefing room. “Your disruptive behavior at last Friday’s briefing interrupted your colleagues and reflected poorly on the press corps,” he said. “There is no right of any reporter to be called on by any official. Preventing your … [Read more...] about ‘It’s Disgusting’: Reporter Hits Back After WHCA Threatens To Expel Him For Interrupting Psaki’s Last Briefing