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$IP recorded Ilim JV equity earnings of $34MM in 4Q15 versus an equity loss of $9MM in 3Q15. A non-cash after-tax FX loss of $19MM or $0.05 per share was recognized in 4Q15 due to Ilim's US dollar denominated net debt. Free cash flow was $501MM and cash from operations was $990MM in the quarter. Net corporate expenses were $9MM.
$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?