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$HAR's Connected Car gross profit as a percentage of net sales rose 0.6 percentage points YoverY to 24.8% for 2Q16, due to improved leverage of fixed costs over a higher net sales base and lower warranty costs. On the other hand, Lifestyle Audio gross profit as a percentage of net sales fell 2.0 percentage points YoverY to 32.6%.
$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?