The winners and losers for the day.
Coca-Cola Co has reported better-than-expected quarterly revenue, helped by higher sales of its sodas in North America, its biggest market.
Volume sales rose 1% in North America, including a 1% growth in sales of its carbonated soda drinks such as Sprite and Fanta.
However, global volume sales for the company fell 1% in the fourth quarter ended Dec. 31, hurt by high levels of inflation in certain Latin American countries.
Net income attributable to the company's shareholders more than halved to $550 million, or 13 cents per share, in the fourth quarter, from $1.24 billion, or 28 cents per share, a year earlier.
The fourth quarter included a $919 million charge related to the refranchising of some of the company's bottling operations in North America. Excluding items, the company earned 37 cents per share, in line with the average analysts' estimate.
Net operating revenue fell about 6% to $9.41 billion, the seventh straight drop, but beat estimates of $9.13 billion.
Meanwhile, shares in Twitter are set to fall when Wall Street opens after it reported that its fourth-quarter losses had nearly doubled.
The social networking service reported a loss of $167m in the final three months of 2016, as against $90m in the same period a year earlier.
Active user numbers were slightly down at 319 million, compared with 320 million a year earlier. Fourth-quarter revenues were $717m, 1% up on last year's $710m.
It was the company's slowest quarterly revenue growth since it became a publicly listed company in November 2013. Revenues and user numbers both fell short of analysts' expectations.
Despite the increased losses, Twitter chief executive Jack Dorsey said 2016 had been "a transformative year" for the service. "We reset and focused on why people use Twitter: it's the fastest way to see what's happening and what everyone's talking about," he said.
"We overcame the toughest challenge for any consumer service at scale by reversing declining audience trends and re-accelerating usage." He said daily active usage had risen for the third consecutive quarter and the upward trend was set to continue.
"While revenue growth continues to lag audience growth, we are applying the same focused approach that drove audience growth to our revenue product portfolio, focusing on our strengths and the real-time nature of our service.
"This will take time, but we're moving fast to show results."
