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Clothing chain $CHS reported a decline in 1Q16 earnings due to increased promotional activity in response to lower traffic and sales deleverage of store occupancy expenses. Net income slid to $31.08MM from $32.53MM last year, while EPS rose to $0.23 from $0.22 on lower weighted average shares outstanding. Non-GAAP EPS fell to $0.25 from $0.30.
$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?