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Diversified industrial company $HI said it has closed its acquisition of Red Valve Company for purchase price of $131.9MM in cash, including $3.3MM for related real estate. Red Valve joins $HI's Process Equipment Group, which includes ABEL.
$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.