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Offshore drilling company $RIG reported 3Q15 net income of $321MM or $0.88 per diluted share which compares favorably to net loss of $2,217MM or $6.12 per diluted share. $RIG revenue declined 15% sequentially to $1.61Bil, due primarily to lower fleet utilization and a decline in other revenues related to contract termination fees.
$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?