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$SYK's research and development expenses were 6.4% of sales in both 3Q14 and 3Q15. Selling, general and administrative costs on an adjusted basis were $862MM or 35.6% of sales in the quarter vs. 35.3% in the prior year period. $SYK to leverage these expenses in 2016 as it continue to drive key cost initiatives.
$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?