Coca-Cola Enterprises Raises Profit Forecast for 2010

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Coca-Cola Enterprises (CCE) upped its profit forecast for 2010 on strong European demand.

The company now expects profit of $1.78 to $1.82 a share, MarketWatch reported. The Atlanta-based company previously forecast profit of $1.73 to $1.77 a share.

Coca-Cola Enterprises also said 2011's earnings per share would likely exceed its long-term objectives due to share repurchases.

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