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Wells Fargo analyst Sam Pearlstein questions $UTX about the slow payments made in Aerospace OEMS. CEO Greg Hayes says the pressure on cost continues unabated at the OEM levels. The company has a lot of pressure in this competitive environment to reduce costs. So, $UTX is working with the customers to find ways to take costs out of the product.
$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?