The good financial performance of Coca-Cola for the last quarter of 2009, and renewed economic optimism of investors, brought strong growth of indexes on Wall Street at the beginning of today’s session, led by consumer companies. Nearly half an hour after the start of trading the index of the 30 largest and most frequently traded U.S. companies stock Dow Jones IA increased by 1.2% to 10 031.28 points, a broad measure of stock S & P 500 added 1 percent to its value to 1 067.59 points. With at least 0.9% to 2 146.08 index points ahead, which brings together companies from the exchange Nasdaq – Nasdaq Composite. In addition to consumer companies to provide better extractive and energy companies because of the strong rise in oil and metals today. Sales in the financial sector at the end of yesterday’s session indexes remained negative territory for the second day. Investors retreated from risky assets in the fiscal difficulties because of the danger of Greece being taken in other European countries. Strong demand in China, Brazil and India offset the decline in the countries of North America and thus the profits of Coca-Cola reported a growth of 55 percent annually during the last quarter of 2009 to 1,5 billion dollars. The manufacturer of soft drinks could increase its market share and its shares have risen by 3.2 percent to 54.35 dollars on the New York Stock Exchange.
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For the three months ending on on 2.01.2010, the revenues of Walt Disney Co is 9.7 billion dollars. In comparison, for the same period a year ago they were 9.6 billion dollars. Profits for the quarter was 844 million dollars, while for the same period a year ago was 845 million dollars. Earnings per share was 44 cents. Last year was 45 cents a share, reported Wall Street Journal. Heads of state the company’s advertisers and consumers by equally hesitant in decision making costs. “Advertisers and consumers decide to buy at the last minute,” said Jay Rasul in his first call with market analysts, as the financial manager of the group. Rasul was previously President of Amusement Parks division. The gradual recovery of television advertising and cost reduction in the Disney film studio have helped growth in key segments of the company. Overall, however, revenues and earnings were almost unchanged. Sports channel ESPN has the strongest increase in the television business of Disney. This has contributed to the broadcasting of college and professional American Football League. At the same time the Disney channel, ABC has less ad sales for the quarter.
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