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Richardson, Texas-based climate control solutions provider $LII reported higher profit in 1Q16, reiterated 2016 revenue guidance and raised 2016 EPS guidance. Net income for the quarter was $24.9MM, or $0.57 per diluted share, up 79% from $13.9MM, or $0.31 per diluted share, in the prior-year quarter. Revenue rose 4% YoverY to $715MM.
$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?