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Citi Group analyst Jim Suva questions $SNX whether Concentrix's challenged contract is expected to show modest profit in 3Q16. EVP Concentrix Chris Caldwell says that $SNX expects a modest profit within 3Q16 and there is some backloading on that contract in 3Q16 and 4Q16. The company expects it to be marginally profitable when looking at FY16.
$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?