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$PG said it expects foreign exchange to have a 5-6 percentage point impact on all-in sales growth in FY16. The combined impact of the Venezuela deconsolidation and minor brand divestitures is expected to have a 2-3 percentage point drag on all-in sales growth. $PG expects all-in sales to be down high single digits versus restated FY15 results.
$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?