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As of end 2Q16, $MU had repurchased 49MM shares for $956MM and in 1H16 it repurchased 7MM shares for $125MM. On April 8, $MU initiated a syndication process for a new term loan B credit facility, expected to be $500MM with a maturity of 6 years. Company said it may consider concurrent issuance of up to $1Bil of senior notes.
$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?