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For 2016, $VFC expects revenue to increase at a mid-single-digit percentage rate, including about 1% of negative impact from FX. GM is expected to grow by about 50BP to 48.8%. Operating margin is expected to reach 14.4%. EPS is expected to increase 11% on a currency neutral basis and 5% as reported. Cash flow from operations will be $1.3Bil.
$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?