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Greensboro, North Carolina-based supplier of radio frequency systems $QRVO posted 3Q16 net loss of $11.1MM or $0.08 per share based on 139.3MM shares outstanding. Revenue was $620.7MM compared to $397.1MM in 3Q15. Non-GAAP net income was $148MM or $1.03 per diluted share in 3Q16.
$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?