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$STZ stated that it has no interest in distribution agreements as they are short-term and generate low margins. The company believes it can generate more margins through its owned brand portfolio. $STZ does not see distribution arrangements as beneficial for the future as it provides no brand equity.
$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?