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$MHK 2Q15 Call: Cash ended quarter at about $170MM, that's up from last year with residual cash from the acquisitions in Europe. Will use these residual amounts in 3Q15 to pay down European revolver. Receivables ended the quarter at $1.388Bil with days sales outstanding at 54 days, slightly up from 52 in 2Q14.
$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?