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$GIS notified the Joplin, Missouri facility employees in 1Q16 of its decision to close this plant in its US Retail supply chain. This action will affect about 120 positions, and $GIS expects to incur about $12MM of net expenses, of which approx. $5MM will be cash. $GIS expects this action to be completed by the end of FY18.
$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?