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MoffettNathanson analyst Mike Nathanson asks $FOXA what the growth range in expenses would be for FY17 between US & international in Cable Networks. CFO John Nallen says that expense growth will be below what was seen in FY16. These were normalized increases from sports contracts, programming investments, especially around political and Fox News.
$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?