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In 2Q16, $SWK's US region reported organic growth of 3%, Europe grew 10%, Emerging Markets organic growth was flat and Rest of World organic growth was 4%. Free cash flow rose to $418MM versus 2Q15, mainly driven by stronger earnings and improvement in working capital, which generated a positive $58MM of cash in the quarter.
$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?