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$MRK, which competes with rivals $GSK and $PFE, said it expects FY16 GAAP EPS to be in the range of $1.96-2.23 and non-GAAP EPS to be in the range of $3.60-3.75, including an approx. 4% negative impact from FX. At mid-Jan. 2016 exchange rates, $MRK expects FY16 revenues to be between $38.7-40.2Bil, including an approx. 3% negative impact from FX.
$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?