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$EMN 2Q15 Call: Operating cash flow was $591MM. Generated $450MM of free cash flow. CapEx totaled $141MM and company is on track for full-year CapEx of between $700-725MM as underlying capital schedules are also weighted to 2H15. Dividend was $60MM and effective tax rate was just over 27%. Expects full-year tax rate to be 26-27%.
$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?