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$TSN said positioning Jimmy Dean brand in the baking category is a good revenue synergy that came from the integration of $TSN and Hillshire. $TSN raised its synergy estimates for FY16 to more than $500MM and for FY17 to more than $700MM. Additional synergies will allow $TSN to invest in innovation, new product launches and brand strengthening.
$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?