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$BBBY, which competes with $TGT and $WMT, said it estimates depreciation expense of approx. $290MM for 2016. Annual net interest expense is estimated to be $75-80MM. The company expects its full year 2016 tax rate to be in the mid to high 30s percentage range. $BBBY anticipates less favorable distinct tax dollars in 2016 as compared to 2015.
$AAL is getting stronger into Dec. after a strong Nov..!! I’m feeling confident about their 4Q revenue forecast for a margin rise.
$KO’s CEO Muhtar Kent to step down next year. COO James Quincey will take the helm in what is already a smooth sailing scenario. And as always, shares reflect by growing 2% after the market opened.
$MON shares dip slightly; I wonder this is because of the environmental lawsuit filed by the Washington state against the production of PCBs.