Coca-Cola Enterprises (CCE) Enters Merger Agreement with Two European Bottlers (KO)

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Argus Downgrades Coca-Cola Enterprises (CCE) to Sell

August 6, 2015 9:19 AM EDT

Argus downgraded Coca-Cola Enterprises (NYSE: CCE) from Hold to Sell.

The analyst notes sales have been hurt by continued economic weakness in Europe; aggressive competition; and a shift in consumer preferences toward healthier drinks, such as teas and flavored waters.

The firm is... More