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During 2Q16, $ADM's Agricultural Services segment revenues fell 8.8% due to weak grain handling margins and merchandising results. The Corn Processing segment's sweeteners and starches results rose as the business continued to perform well with higher volumes and pricing. Oilseeds revenue fell 10% and WFSI revenue fell slightly to 0.3% in 2Q16.
$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?