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Barclays Capital analyst Saket Kalia questions $ADSK on the seasonality of the subscription additions of 650,000-800,000 units sold in any given year. CEO Carl Bass says that it has always been backend loaded. For 1Q it is usually up a drop, 2Q and 3Q goes well and then 4Q comes down. This is the usual seasonality pattern.
$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?