We've got a potential buyout, a new partner for PayPal and a strong report from an iconic brand.

Motley Fool Money starts now.

I'm Chris L. Joining me today, Motley Fool, senior analyst Jason Moser.

Thanks for being here.

Hey, thanks for having me.

Let's start with Big Red, shall we?

Coca-Cola's third quarter profits in revenue came in higher than expected.

They raised full year guidance.

I was reminded of Pepsi's latest quarter when we saw these results.

I thought, yep, kind of like Pepsi.

I don't want to say they always move in tandem because they don't.

And lately Pepsi's had a better run as a business, but Coca-Cola's had a nice run of

late and just like Pepsi demonstrated with their latest quarter, Jason, Coca-Cola's got some

pricing power and they are executing with it.

I'm glad you said that because that is one of the primary keys to their success.

One thing you know is when you read through this company's earnings call, this is truly

just a global behemoth with a large presence virtually everywhere around the world.

It basically, two thirds of revenue and operating profit comes from outside of North America.

So it's always nice to see that kind of a business because they can exploit strength

and insure a berries of weakness there.

But all things said, it was a really strong quarter for them so much so that they see such

a positive outlook for the rest of the year they raised guidance.

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