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Secure and sensor processing subsystems provider $MRCY said it has agreed to buy the embedded security, RF and Microwave, and custom microelectronics businesses of $MSCC for $300MM. The deal is now expected to close during $MRCY's 4Q16. The transaction is expected to add to FY17 adjusted EPS and adjusted EBITDA margin of $MRCY.
$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?