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Tech giant $CSCO registered a YoverY profit growth of 33% and revenue growth of 4% in 1Q16. Net income was $2.4Bil and EPS was $0.48 in the quarter. Revenue was $12.7Bil, driven by a 4% growth in product revenue and a 1% growth in service revenue. In terms of revenue by geographic segment, Americas was up 4%, and each of EMEA and APJC was up 3%.
$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?