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Cai Von Rumohr with Cowen asks about the reasons on the cutback of share repurchase from 1Q16 and thinking on cash deployment. $RTN said it front loaded the share repurchase based upon the timing of cash flows. So the company continues to see value in its stock & share repurchase will continue to be a core part of its capital deployment strategy.
$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?