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$PEP's revenue from Frito-Lay North America (FLNA) for 2Q16 rose by 3% from last year, driven by productivity gains and lower raw material costs. Revenue from Quaker Foods North America (QFNA) rose by 3% driven by lower raw material costs, productivity gains and the impact of ceasing the operations of a dairy joint venture.
$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.