Lack of the Fizzy

Another flat day. Large caps and small caps are drifting slightly lower, but there's no real direction on either side. Speaking of flat, Coca Cola lost a battle with the European Union on marketing issues. Coke owns 1/2 of the market in Europe, and officials are concerned about their dominance. EU rules will limit the company's hold. EU Competition Commissioner Neelie Kroes said, "Thanks to the commission's decision, consumers will be able to choose from a larger range of fizzy drinks at competitive prices."