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$FL ended 1Q16 with $1,062MM in cash. During 1Q16, the company repurchased 1.37MM shares for $87.8MM. $FL spent approx. $65MM of capital as it continues to track towards its planned expenditures this year of $297MM. $FL believes it can achieve mid single digit comp for full-year 2016 and double digit EPS growth with 10-30BP of GM improvement.
$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?