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Apparel marketer $HBI said it has updated 2016 guidance to reflect pending acquisitions of Champion Europe and Pacific Brands, and debt refinancing. Company expects net sales of $6.15-6.25Bil versus previous outlook of $5.8-5.9Bil. Diluted EPS is expected to be $1.51-1.57 versus previous outlook of $1.63-1.73, due to acquisition-related charges.
$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.