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In 2011, $MKC purchased a majority interest in India entering the basmati rice business with an intention to springboard this business into other branded products. Certain parts of this business have led to underperformance. $MKC recently decided to exit certain low-margin product lines and focus more on higher-margin items and expansion plans.
$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?
$AVGO 4Q results beat analyst’s expectations again this time. Time to make some hay while the sun shines ;)