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$MRO reported net cash from continuing operations of $278MM in 4Q15. Total liquidity at Dec. 31 was $4.2Bil, consisting of $1.2Bil in cash and cash equivalents and an undrawn $3Bil revolving credit facility. Company had workforce reductions in FY15, resulting in annualized net savings of $160MM.
$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?