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Industrial real estate developer $PLD reported a rise in 2Q16 earnings driven by higher revenue and gains on dispositions of real estate as well as deferred income tax benefit during latest quarter. Net income rose to $275.38MM or $0.52 per share from $140.24MM or $0.27 per share last year. Revenues grew to $602.16MM from $510.4MM.
$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?