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$MMM has increased the dividend payout ratio to approx. 54% in 2015, up from 37% in 2012. For 2016, the company expects to use $4-6Bil of cash for gross share repurchases or $3-5Bil net of reissuances. This will lead to a reduction of average diluted shares outstanding by approx. 4% thereby increasing EPS by $0.25-0.35.
$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.