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With regard to taxes, $AMG's GAAP tax rate for 3Q15 was 33.2% and cash tax rate was approx. 22.5%. For modeling purposes, $AMG expects GAAP tax rate to be 33% and cash tax rate to be 22%. Intangible related deferred taxes for the quarter were $21.1MM and expect this number to be approx. $22MM in 4Q15.
$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?