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$CAA's net new orders for 1Q16 rose by 4% to 4,135 homes, with the dollar value of these orders up 9% and monthly sales absorption rate was 2.4 per community for 1Q16, flat from pro forma 1Q15 and up 55% from 4Q15, consistent with normal seasonal patterns. Cancellation rate was 12%, down 200 basis points from 1Q15 and down from 22% for 4Q15.
$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?