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$WYN 2Q15 Call: ForEx reduced revenues by $48MM and adjusted EBITDA by $12MM company-wide vs. 2Q14. Weighted average diluted share count decreased 6% YoverY. Free cash flow was $428MM, flat vs. 2Q14. Expect free cash flow to be lower through the first nine months of 2015 vs. first nine months of 2014.
$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?