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$TRIP 2Q15 PR: Diluted earnings per share were $0.40 vs. $0.47 in 2Q14. Free cash flow was $177MM, or 44% of revenue, up 160% QoverQ and up 30% YoverY. TRIP enhanced its financial position by entering into a $1Bil five-year credit facility, which will be used for corporate purposes. Average monthly unique visitors grew 30% vs. 2Q14 to 375MM.
$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?