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Food distributor $SYY earnings dropped 12.3% to $244MM and diluted EPS dropped 12.8% to $0.41 per share for 1Q16 on sales of $12.6Bil versus comparable period 1Q15. Adjusted earnings increased 0.9% to $312MM and EPS remained flat at $0.52 vs. 1Q15.
$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?