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The payroll and HR company $ADP reported an increase in 1Q16 earnings on higher revenue and lower effective tax rate. Earnings rose to $336.6MM or $0.72 per share from $295.2MM or $0.61 per share last year. Revenue grew 6% to $2.71Bil and rose 9% on a constant dollar basis. Adjusted EPS rose 10% to $0.68.
$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?