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$ACN 3Q15 Call - David, CFO: In 2Q15, we recorded a non-cash settlement charge of $64MM, as an offer to former employees to receive a voluntary lump sum cash payment from our US pension plans. This has impacted 3Q15 operating margin by 80BP & diluted EPS by $0.06. Operating income on an adjusted basis was $1.2Bil, was up 20BP when compared to 3Q14.
$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?
$AVGO 4Q results beat analyst’s expectations again this time. Time to make some hay while the sun shines ;)