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$TEL 3Q15 Q&A: Scribner of Deutsche Bank asked about global vehicle production number and also on revenue percentage of China. Tom replied that at a high level, China is running in 17-18% of total business. Auto production for 4Q15, globally about 21MM vehicles, up 3.5% YoverY & 2% on a FY basis, just under 87MM vehicles. For 3Q15, 21.7MM vehicles.
$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?