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Unmanned aircraft systems supplier $AVAV reported a decrease in 4Q16 results. Net income fell to $5.4MM or $0.23 per share in 4Q16 compared to $7.1MM or $0.31 per share in 4Q15. Revenue was $84.8MM, down 2% from 4Q15, due to a decrease in sales in the UAS segment of $2.8MM, partially offset by an increase in sales in the EES segment of $1.1MM.
$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?