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New York-based REIT $VNO posted 4Q15 lower net income of $230.7MM, or $1.22 per diluted share vs. $513.2MM, or $2.72 per diluted share for 4Q14. Adjusted diluted EPS was $0.44 for the quarter. FFO was $259.5MM, or $1.37 per diluted share, up 12.8% vs. 4Q14. Revenues rose 9.14% to $0.65Bil vs. 4Q14, helped higher funds from operations.
$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?