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$HRS now expects to exit FY17 with annual run-rate savings in a range of $140-150MM, significantly higher than its previous expectation of about $120MM. Separately, $HRS launched additional restructuring and other actions in 2Q16 as part of its ongoing strategy to lower costs and improve operating performance.
$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.