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$MDT posted improved earnings in 1Q17, helped by lower income tax provision compared to 1Q16. Net income was $929MM or $0.66 per diluted share compared to $820MM or $0.57 per diluted share last year. Worldwide revenue was $7.17Bil, a decrease of 1% from 1Q16. Non-GAAP net income was $1.4Bil or $1.03 per diluted share in 1Q17.
$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?