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For 2016, $IFF expects 3.5-4.5% currency neutral sales growth, including approx. 1.5 percentage point contribution from the acquisitions of Ottens Flavors and Lucas Meyer Cosmetics. Organically, growth was expected to be largely driven by Consumer Fragrances as well as Latin America and EAME in Flavors.
$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?