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Apparel retailer $SMRT reported lower 2Q16 results hurt by higher expenses and lower operating income. $SMRT said net income fell 26.4% to $3.01MM, or $0.06 per share from $4.09MM, or $0.09 per share a year ago. Total sales for the quarter grew 2.62% to $319.76MM from $311.58MM, while comparable store sales fell 1.4%.
$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?