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$SNPS, maker of software used to test and develop chips, reported a rise in 2Q16 earnings driven by higher revenue. Net income rose to $69.38MM or $0.45 per share from $55.6MM or $0.35 per share last year. Total revenue grew to $605.01MM from $557.20MM. Non-GAAP EPS increased to $0.81 from $0.68.
$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?