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Image credit: AP Photo/Matt Rourke, File

The Associated Press reports that Coca-Cola revenue has dropped 20 percent to $7.51 billion in the fourth quarter, a continued downturn for the iconic soft drink company. Coca-Cola shed its bottling operation in 2017 and has been working on diversifying its product offerings. Smaller cans were better for business, but weren't enough to keep Coke from suffering under, among other hardships, a $3.6 billion tax charge.

Fourth-quarter financial results were announced Feb. 16.

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