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$CRY said it has exercised its right to acquire the PhotoFix bovine pericardium patch from Genesee BioMedical for $2.3MM in cash. $CRY acquired the distribution rights and purchase option for PhotoFix in Aug. 2014. This includes about $0.6MM that $CRY previously provided to Genesee as advance under distribution agreement.
$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.