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Internationally, $CNK opened 3 theaters and 20 screens and closed 1 theater with 9 screens during 1Q16. As of 1Q16-end, the company had signed commitments to open 7 new theaters and 51 screens during 2016 and anticipates spending around $31MM in CapEx for these openings. For 2016, $CNK expects to spend $300-325MM in CapEx.
$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?