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$PRU said this year's annual actuarial review, including reserve updates and refinements for its ongoing businesses, resulted in a net favorable pre-tax impact of $590MM. This included a benefit of about $1Bil outside of adjusted operating income (AOI), partly offset by net charges in AOI totaling $444MM.
$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.
$MON shares dip slightly; I wonder this is because of the environmental lawsuit filed by the Washington state against the production of PCBs.