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$CPB's 3Q16 net sales fell 2% versus 3Q15, mainly due to lower volume and higher promotional spending. Sales performance reflected declines in US soup, V8 beverages and fresh carrots. Gross profit, as a percent of sales, fell to 35.3% in 3Q16, mainly due to higher losses on pension and post-retirement benefit mark-to-market adjustments.
$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?