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For 3Q16, based on current bookings and yields trends, $LUV expects RASM to decline 3-4% YoverY. Freight and other revenues are expected to increase from 3Q15 levels. $LUV expects fuel price per gallon to be approx. $2.05 for 3Q16 and 4Q16. This brings the full-year 2016 estimate to $1.90-1.95. 3Q16 CASM is expected to rise 2% YoverY.
$PFE has been slapped with a fine of $107 million by the UK for overcharging its epilepsy drug.
President Trump's tweet suggesting cancellation of Air Force One contract with $BA citing high cost has made the headlines. Will it make any impact in the Street for Boeing since the aircraft is meant for the use of President of US?
For the past few quarters $LULU has had a consistent net revenue increase of around 16%, so expecting the same this time around too. Maybe more!!!