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$PNY lowered FY16 EPS guidance to range of $1.90-1.95 from previous forecast of $1.92-2.02. The guidance is before any merger-related expenses. Despite weather during 1H16 that was 19% warmer than normal and 25% warmer than last year, $PNY performed as expected reflecting strength of margin stabilizing rate mechanisms as well as customer growth.
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?
$AVGO 4Q results beat analyst’s expectations again this time. Time to make some hay while the sun shines ;)
You are such a letdown $FII. I regret not selling you when you were nearing $33. Now I am stuck with you, you are stuck with me!