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Financial services firm $WFC said its Head of Community Banking, Carrie Tolstedt, has decided to retire at end 2016. Tolstedt will be succeeded by Mary Mack, current President and Head of Wells Fargo Advisors, effective July 31. Until her retirement, Tolstedt will report to COO Tim Sloan, and will work closely with Sloan and Mack.
$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.