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$PG generated $8Bil of cash from operating activities in 1H16, up $1Bil from prior year. Working capital and other impacts generated $56MM of cash in the period. Accounts receivable used $488MM of cash due to seasonality in certain businesses and sales mix. Inventory consumed $386MM of cash, mainly due to production to support product initiatives.
$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?