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$IVZ said it will take advantage of current price of its shares by executing accelerated share repurchase program, on confidence in fundamentals of business over long term. $IVZ plans to enter into accelerated share repurchase deal with Morgan Stanley to repurchase $150MM of common stock. Final settlement is expected to occur no later than 3Q16.
$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?