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Coke Femsa Reports Higher 4th-qtr Profit

Mexico's Coca-Cola Femsa on Wednesday said its fourth-quarter profit rose 35 percent. The company, a joint venture of Coca-Cola Co and Mexican firm Femsa, said fourth-quarter profit increased to 4.324 billion pesos ($336 million) from 3.212 billion pesos in the year-earlier period. (CNBC)