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Intel (INTC) reports slightly lower than expected sales and earnings
Target lowers 1Q sales and earnings projections
Volatility Index (VIX) rises
U.S. housing construction jumps 7% in March
Coca-Cola (KO) up 5% on earnings and restructuring
Posted on Tuesday, April 16, 2013 11:26 AM
At $0.46, KO beat earnings by $0.01 with revenues slightly better than expected including a 4% volume increase. KO also announced that it would be refranchising some of its areas including Tennessee, Kentucky, Alabama, and Denver.