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Michael Weinstein of JP Morgan asks about unchanged cash flow guidance. CFO James Saccaro said that $BAX didn't change its cash flow guidance as its cash flow is back-end loaded due to normal seasonality patterns. He added that until $BAX gets a better insight on how 3Q and 4Q emerges, it will be premature to raise the cash flow guidance for 2016.
$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?