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Coca-Cola Raises Fiscal Year Outlook as 3Q Profit Rises

Coca-Cola said higher volumes and prices lifted third-quarter results. It posted profit of $4.06 billion, or 93 cents a share, compared with $3.68 billion, or 86 cents a share, a year earlier.

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By Kelly CloonanCoca-Cola raised its forecast for the year after higher volumes and prices lifted results in the latest quarter.The beverage conglomerate on Tuesday posted a third-quarter profit of $4.06 billion, or 93 cents a share, compared with $3.68 billion, or 86 cents a share, a year earlier…