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On May 28, 2015, $ARG announced plans to buy up to $500MM of common stock under a stock repurchase program. During 1Q16, $ARG repurchased 1MM shares on the open market at $103.84. At June 30, 2015, $396MM was available for additional repurchases under the program. The impact of any additional repurchases is not reflected in 2Q16 or FY16 guidance.
$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?