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$JCI 3Q15 Call: Trade working capital as a percentage of sales down 110 BPs YoverY. Net debt to cap 40.7% at 3Q15-end; expects percentage to be in low to mid-30s by FY15-end. In 4Q15, expects to receive about $1.3Bil in net proceeds from sale of GWS business to CBRE. Targets approx. $1.5Bil in free cash flow for FY15. 4Q15 diluted EPS $1.00-1.03.
$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?