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Offshore drilling company $DO said 1Q16 earnings benefitted from additional revenue related to the demobilization of the Ocean Endeavour once it had completed its contract in the Black Sea and a favorable tax rate along with strong operational performance across the entire fleet. Unscheduled downtime dropped to 1.8% in 1Q16.
$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?