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$CHK, the second-largest natural gas producer in the United States, said it suspended payment of dividend on its outstanding convertible preferred stock for 4Q15. This allowed $CHK to retain about $170MM of extra cash per year. The company plans to use these funds to purchase debt at significant discounts in the near term.
$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?