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$MUR reported 2Q16 net income of $2.93MM or $0.02 per share compared to loss of $73.83MM or $0.42 per share last year, driven by income tax benefits from interests divestitures in Syncrude and Montney natural gas processing and sales pipeline assets. Revenues fell to $437.46MM from $738.29MM. Adjusted loss per share narrowed to $0.36 from $0.48.
$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?