Want to join the conversation?
Technical company $UTI unveiled a Financial Improvement Plan to generate operating income and improve EBITDA in 2017. The company will flatten the organization, streamline business processes and adopt cost-saving measures. $UTI expects to deliver $25-30MM in annualized cost savings. $UTI will incur a severance charge of about $4MM in 4Q16.
$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.