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$XRX said it provided update on estimated costs associated with the separation. $XRX now expects to incur one-time separation costs of $175-200MM pre-tax, which is lower than its prior estimate of $200-250MM. $XRX expects tax-related separation costs to be $40-50MM and dis-synergy costs of $40-50MM in 2017.
$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.