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Semiconductor equipment maker $LRCX reported a jump in 4Q16 earnings driven by higher revenues as well as lower costs and expenses. Net income rose to $258.94MM or $1.46 per share from $131.27MM or $0.74 per share last year. Revenue grew to $1.55Bil from $1.48Bil. Non-GAAP EPS was $315MM or $1.80 per share for 4Q16.
$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?