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For FY16, $PLCE expects currency to negatively impact adjusted diluted EPS by approx. $0.08. Adjusted GM is expected to leverage 110-130 BPs and adjusted SG&A is expected to leverage 20-30 BPs versus FY15. Adjusted operating margin is expected to grow 130-140 BPs to 7.7-7.8%.
$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?