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Provider of non-alcoholic beverages $CCE posted lower 1Q16 net income of $66M or $0.29 per diluted share vs. $96MM or $0.40 per diluted share in 1Q15. Net sales fell 7% on a reported basis to $1.5Bil vs. $1.6Bil in 1Q15. On a currency-neutral basis, net sales fell 3.5% in 1Q16.
$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?