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$MON now expects FY16 EPS to be at low end of $3.36-4.14 adjusted range, to reflect Argentina-related tax matters and favorable change in expected amount and timing of restructuring expense. $MON now sees to be at low end of its ongoing EPS of $4.40-5.10. The forecast incorporates anticipated continuation of several global and industry headwinds.
$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?