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Financial services company $ETFC reported an increase in 1Q16 results helped by higher revenue and business growth. Net income in 1Q16 was $153MM or $0.53 per share compared to $40MM or $0.14 per share in 1Q15. Adjusted net income was $122MM or $0.43 per share. Total revenues rose to $472MM from last year.
$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?