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Doug Terreson of Evercore ISI asked whether or not returns on capital is still as relevant as it used to be. $XOM VP of IR, Jeff Woodbury, said that return on capital employed is very much relevant to the company. He also added that it is a fundamental measure that differentiates $XOM.
$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?