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Homebuilding company $PHM posted higher 2Q16 results with YoverY growth in signups, closings, revenues and earnings. Net income was $118MM, or $0.34 per share vs. $103MM, or $0.28 per share in 2Q15. Home sale revenues climbed 41% to $1.8Bil vs. 2Q15, helped by a 27% increase in deliveries to 4,772 homes, with a 11% rise in ASPs to $367,000.
$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?