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Homebuilder $CAA reported a rise in 1Q16 earnings driven by higher new orders and home sale revenues, despite a decline in average selling price. Net income rose to $72.55MM or $0.52 per share from $23.88MM or $0.40 per share last year. Total revenues grew to $1.19Bil from $470.28MM. Adjusted earnings was $83.7MM or $0.60 per share for 1Q16.
$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?