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$KORS 1Q16 PR: Total revenue in North America grew 1.2% to $727.3MM on a reported basis and grew 1.9% on a constant currency basis. European revenue grew 16.9% to $216.8MM on a reported basis, and grew 42.2% on a constant currency basis. Revenue in Japan grew 32.7% to $19.6MM on a reported basis, and grew 57.4% on a constant currency basis.
$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?