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During 1Q16, $HOT signed 44 hotel management and franchise contracts, representing about 7,000 rooms, of which 32 are new builds and 12 are conversions from other brands. At March 31, 2016, the company had about 540 hotels in the active pipeline representing about 118,000 rooms.
$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?