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Texas-based $APC said that it reduced the capital spending by almost 40% in 2015 when oil prices fell by almost 50%. $APC expects to spend about $2.8Bil this year, roughly half of the amount it spent in 2015. Total sales volumes are expected to decline by 1-4% in 2016 on the divestiture adjusted basis due to lower margin gas volumes.
$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?