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When compared to 1Q15, USD strengthened significantly against many currencies during 1Q16, resulting in unfavorable currency translation and USD revenue growth that was about 8.5% lower than local currency. Assuming exchange rates stays same for remainder of FY16, $ACN sees FY16 revenue growth to be about 5% lower in USD than in local currency.
$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?