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$PXD had cash on hand and liquid investments of $2.5Bil at 1Q16-end. This includes proceeds from the equity offering in January and $940MM to fund the July 2016 and March 2017 senior note maturities. An additional $0.5Bil will come in July 2016 from the sale of the Eagle Ford Shale midstream business.
$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?