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$MNK said the change of fiscal year decision will result in a transition period from Oct. 1 to Dec. 30, 2016. The subsequent first full fiscal year will end on Dec. 29, 2017, with its current "4/5/4" reporting convention remaining the same. $MNK now expects to report results for the 13-week transition period ending Dec. 30, 2016 in Feb. 2017.
$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.