$HAS 2Q15 Call: For FY15, intangible amortization is anticipated to be approx. $44MM, $26MM for first six months. SG&A increased 5% to 26.7% of revenues. Other income was $2.3MM compared to $4.8MM in 2014. For 2Q15, underlying tax rate was 27.1% versus 26.8% in 2Q14. We expect full year tax rate to be in range of 26.5-27.5%.
$FTR reorganized its business structure with the creation of new consumer and commercial business. The company said that the previous structures were more regionally focused and it had seven regions structure before the reorganization.
$PCLN believes that over the next decade China will continue to be
one of the largest opportunities for travel growth in terms of increasing market
share for the company. $PCLN also sees opportunities to increase domestic market
share in the US.
$PRGO said that in the Consumer Healthcare business, it has been seeing certain pricing pressure. Therefore, across categories $PRGO competes in, it has competitive pricing. The company expects pricing pressure to continue in different segments going forward. But given the growth in new products, $PRGO expects to overcome the pricing challenges.