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Natural gas pipeline operator $SE posted lower 1Q16 earnings, hurt by income tax expense. Net income from controlling interests dropped to $234MM, or $0.35 per share compared to $267MM, or $0.40 per share during 1Q15. Operating revenue fell to $1.38Bil, hurt by lower revenues from Distribution and Western Canada Transmission & Processing segments.
$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?