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$HNI said Hearth sales are expected to be flat to down 4% in 2Q16. New construction channel sales are expected to be strong, up 10-14%. The company is projecting retail pellet sales to be down 26-30% and retail non-pellet sales to be down 10-14%. Non-GAAP SG&A is expected to be comparable to 2Q15 amount of $167MM.
$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?