[By NBC-1TV H. J Yook]The food and beverage sector has been at the forefront of traders‘ minds this week, with the world’s largest soft drinks maker Coca-Cola announcing results on Tuesday, 12 February, and peer PepsiCo reporting later today.

Coca-Cola shares fell following its results announcement, with the company missing analyst expectations for fourth quarter revenues. Revenues grew 4% to $11.46 billion, missing consensus forecasts for a sharper rise to $11.53 billion. Despite the miss, Coca-Cola remains confident that it will meet its full-year global volume growth targets of between 3% and 4%. Analysts are widely expecting PepsiCo to announce a 0.8% rise in revenue to $19.7 billion, and a 9% slide in earnings per share to $1.05 -- its fourth consecutive quarter of declining profit growth.