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Samuel Eisner of Goldman Sachs asks what will be the weightage for 3Q and 4Q in the implied $2.36 earnings midpoint outlook for 2H16. CFO Charles Hinrichs said that 3Q will be better than 4Q because of seasonal factors. He added that $RBC does not have the percentages for 3Q and 4Q, but the company expects third quarter to be heavier.
$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.