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Home improvement company $LOW reported a sharp decline in net income to $11MM or $0.01 per share in 4Q15 from $450MM or $0.46 per share in 4Q14, hurt by a non-cash impairment charge related to the Australian JV exit. Sales rose 5.6% to $13.2Bil from last year. Adjusted net earnings were $541MM or $0.59 per share and comparable sales grew 5.2%.
$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.