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Simon Flannery of Morgan Stanley asks about handset cycle upgrades. $VZ said the company saw a similar trend in 2014, where there was a slowdown in 1H in anticipation of iconic phones coming up on a two year cycle. $VZ believes some of it could be that. On volumes, the company believes it will be similar to 2015.
$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?