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During 3Q15, $SNI recognized net gains of $4MM compared to $2MM during last year. $SNI's effective income tax rate was 31.5% in 3Q15 compared to 30.8% in 3Q14, driven by valuation allowances on foreign losses due to its inability to recognize the tax benefits of these losses. The company expects its annual effective tax rate to be between 30-32%.
$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?