Coca-Cola's 3Q profit up 14 percent

The Coca-Cola Co. reported its profit rose by double digits, weathering a volatile third quarter in which consumers felt pressured by economic uncertainty.

The nation's biggest soft drink seller reported third-quarter profit was 14 percent higher than a year ago, as sales in emerging markets offset U.S. weakness.

"Our brands and our business were built for times like these," Chief Executive Muhtar Kent said on a conference call with investors. "We are clearly in uncharted territory in these global markets. I'm confident in our ability to navigate in these challenging times."

The company posted earnings of $1.89 billion, or 81 …