Want to join the conversation?
$ABC's distribution, selling, and administrative expense rose 26.8% in 1Q16, mainly due to the addition of MWI. Depreciation expense rose from 1Q15 due to an increase in the amount of capital projects being depreciated. Amortization expense rose due to the amortization of intangible assets from MWI and PharMEDium acquisitions.
$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.