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In 1Q16, $HES' total FX gains and losses were a gain of $6MM, which included gains or losses on FX contracts not designated as hedges amounting to a loss of $20MM. After-tax foreign currency translation adjustments was a gain of $169MM and cumulative currency translation adjustment at March 31 was a reduction to shareholdersâ?? equity of $932MM.
$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?