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$LECO said 2Q16 sales fell 10.9% to $592.4MM, hurt by a 32.6% decline from unfavorable forex translation and lower volumes of 9.7%. "While we have yet to see sustained improvement in industrial demand across all of our businesses, we continue to invest ....with a broad range of product launches," CEO Christopher Mapes said.
$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?