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$AMP said 2015 net revenue fell 1%, mainly due to a decrease in other revenue. Management and financial advice fees rose 2% and distribution fees fell 2% in 2015. Net investment income fell 3% to $1.7Bil, mainly due to decrease in investment income on fixed maturities. Premiums rose 5% due to an increase in auto and home policies in force.
$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?