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At its transmission segment, $FE expects a slight uplift over 2015 due to the favorable impact of higher revenues associated with increased rate base at American Transmission Systems Inc. (ATSI) of $2.1Bil versus $1.7Bil in 2015. This is partially offset by ATSI's lower return on equity of 10.38%, compared to 12.38% in 1H16 and 11.06% in 2H15.
$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?