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Provider of facility management $ABM posted 2Q16 net income of $4.4MM, or $0.08 per diluted share vs. $18.3MM, or $0.32 per diluted share in 2Q15. Revenues rose 6.9% to approx. $1.3Bil vs. 2Q15, helped by organic growth within Janitorial segment. This was driven by increased Work Order sales and an increase in scope of work with existing accounts.
$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?