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Multinational financial services giant $NDAQ said that 1Q16 interest expense was $28MM and was comprised of $27MM of interest expense and $1MM of non-cash debt issuance amortization expense. Income tax provision was $63MM vs. $5MM in 1Q15. The overall effective tax rate was 32.3% in 1Q16 vs. 35.7% in 1Q15.
$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?