14:17 ET -- Coca-Cola Co. is one of the most talked about companies in the U.S. across all news items in the last 12 hours, according to Factiva data. Despite higher prices for its products, the beverage giant's sales were up 10% in the third quarter as it raised its outlook for 2022. However, it said it was introducing packages at lower price points in preparation for a global recession. Nevertheless, consumers absorbed the higher prices, which were 7% higher, on average, than in the same period last year, said Financial Chief John Murphy. The company's shares were recently up 2.1%, at $58.84. Dow Jones & Co. owns Factiva. (susan.solan@wsj.com)

(END) Dow Jones Newswires

October 25, 2022 14:32 ET (18:32 GMT)

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