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$FOSL said its 1Q16 OpEx fell 3% or $11MM to $334MM compared to $345MM last year. A reduction in infrastructure cost and lower store expenses were partly offset by an increase in expenses associated with Misfit, including roughly $7MM in purchase account costs and strategic marketing investments. Excluding items, the company's expenses grew 2%.
$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?