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Alexia Howard of Bernstein asks about the company's margin goals. $MKC SVP Finance Mike Smith said that looking at the external guidance of 4-6% net sales growth and adjusted operating profit growth of 7-9%, the company does have in there a margin growth of about 40 BP. Mike Smith also said it feels good with its long-term guidance there.
$MON shares dip slightly; I wonder this is because of the environmental lawsuit filed by the Washington state against the production of PCBs.
My bet is that $FR will reach $32 in the short term. It’s time it broke the 52-week high and had its fair share of growth.
$WYNN got bruised up by China after its decision to cut withdrawal limit in Macau ATMs. Wynn Resorts shares went down by more than 11%! Well who could have guessed that right?