Want to join the conversation?
$K 2Q15 Q&A: Eric, Deutsche Bank: Any color on what VIE deconsolidation was & what led to that decision? Ron, CFO: This is a co-manufacturer making food for our US Snacks business & was consolidated into our results based on the accounting rules. In this quarter, the business sold itself to a third party & that triggered a change in our accounting.
$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?