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Farm supply retailer $TSCO said that it has acquired Petsense, LLC, a leading specialty retailer of pet supplies. The transaction price was approx. $116MM, net of acquired estimated future tax benefits of $29MM. The acquisition was a cash transaction financed with cash-on-hand and revolver debt.
$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?