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Defense contractor $CACI reported a 5.4% rise in 4Q16 earnings on strong contract performance and acquisition of National Security Solutions business as well as lower tax rate. Net income rose to $43.6MM or $1.75 per share from $41.38MM or $1.68 per share last year. Revenues jumped 28.7% to $1.11Bil. Adjusted EPS grew 7.5% to $2.35.
$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?