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Coke: Facebook Advertising Drives Sales
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FBN’s Robert Gray on Coke’s Marketing Chief stating that advertising on Facebook probably helps drive sales.
- Duration 0:57
- Date Jun 19, 2012
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FBN’s Robert Gray on Coke’s Marketing Chief stating that advertising on Facebook probably helps drive sales.
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I'm Robert -- you're -- this -- the Wall Street rally continues or less than half an hour in today's trading.
Many investors anticipating the Federal Reserve may reveal plans tomorrow to jumpstart the economy.
As policy makers wrap up their two day meeting Fred Allen Dow's up triple digits green arrows across the board.
Adobe Systems will be in the spotlight after hours when it reports second quarter results analysts expecting earnings of 59 cents a share.
On revenue of one point one billion dollars.
The software company has seen a profit drop in each of the last three quarters.
And Coca-Cola -- likes its FaceBook ads marketing chief Joseph -- said that advertising of the social network site is probably helping drive sales.
But he also expects -- spending on social media and mobile video to grow.
Coke is a powerful ally for FaceBook as a social network tries to -- other advertisers.
Especially after GM pulled -- -- last month just prior to that FaceBook IP.