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Banking firm $GS reported 1Q16 OpEx of $4.76Bil, down 29% versus 1Q15. The accrual for compensation and benefits expenses on condensed consolidated statements of earnings fell 40% versus 1Q15, reflecting a fall in net revenue. Ratio of compensation and benefits to net revenue in 1Q16 was flat versus 1Q15.
$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?