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Beauty products retailer $ULTA reported an increase in 1Q16 results helped by higher sales. Net income was $92MM or $1.45 per share in 1Q16 compared to $66.9MM or $1.04 per share in 1Q15. Net income grew 37.4% and diluted EPS grew 39.4% in 1Q16. Net sales increased 23.7% to $1.07Bil versus last year.
$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?