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$IFF 2Q15 Call: Lucas Meyer Cosmetics (LMC) is headquartered in Quebec City, Canada with operations in France and Australia. This acquisition will allow IFF to enter fast growing market with approx. $44MM in annual sales and EBITDAR margins much higher than in flavors and fragrance industry.
$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.