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Shawn Harrison of Longbow asks how much cash $AVT would like to use to finance the Premier Farnell transaction. CFO Kevin Moriarty said the company will use offshore cash to fund the transaction, which is an efficient cash use for it. He declined to comment specifically in terms of how much offshore cash will be used to finance the deal.
$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?