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During 2Q16, $PRI said that its Term Life segment margins expanded to 20.6%. Operating revenues and adjusted direct premiums both rose 14% YoverY for this segment. Investment and Savings Products (ISP) operating revenues fell 2%, while operating income before income taxes was 4% lower than 2Q15, with margins compressing slightly.
$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.