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$CBS said in 2Q16, advertising revenue totaled $1.55Bil while underlying network advertising grew 2%. Affiliate and subscription fee revenue was $733MM. Excluding the Mayweather fight, underlying affiliate and subscription fee revenue grew 18%. Content licensing was up 16% during 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?