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$ANF stated that it extended its brand reach through its second major franchise partnership to establish retail store presence in Saudi Arabia, Qatar, Bahrain & Oman. The company expects to open the first stores in Qatar in 1Q17 & in Saudi Arabia in 2H17. During 1Q16, $ANF continued to shift to the higher margin, made-for-outlet merchandise model.
$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?