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Investment banking giant $GS reported a drop in 1Q16 earnings due to lower non-interest revenues as well as headwinds across virtually all its businesses. Net income fell to $1.2Bil or $2.68 per share from $2.75Bil or $5.94 per share last year. Revenues dropped to $6.34Bil from $10.62Bil.
$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.