Want to join the conversation?
Research and development (R&D) expense grew 9% due to ongoing development activities for new products and the addition of over 100 new engineering personnel to $GRMN's staff since a year ago. In absolute dollars, R&D costs grew $27.5MM when compared with last year and increased 150 basis points as a percent of revenues versus the year-ago period.
$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?