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$AVGO 3Q15 Call: AVGO generated $592MM in cash from operations and ended 3Q15 with a cash balance of $1.4Bil, which declined by approx. $1.1Bil from the prior quarter primarily due to the cash consumed by the conversion of 2% convertible notes, the purchase of Emulex, and the conversion of all Emulex notes as stated in the earnings release.
$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?