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$AMG 2Q15 Q&A: Fannon of Jefferies asked about buybacks. Jay answered, AMG’s share count was 55.6MM. In 3Q15, expect the share count to come in because of the weighted average effect. The 125MM AMG repurchased was reflective of the fact that there was no material new investments in the period. Company’s first priority is new investments.
$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?