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Aerospace products and energy services company $KLXI reported higher 2Q16 results, helped by new program wins and market share gains. $KLXI said net income rose 29.72% to $9.6MM or $0.18 per share from $7.4MM or $0.14 per share a year ago. Revenue fell 5.16% to $391.4MM. Excluding items, $KLXI earned $0.49 per share.
$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.