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$COST's 2Q16 effective tax rate was positively impacted by immaterial discrete net tax benefits. The provision for income taxes in 2Q16 was favorably impacted by discrete net tax benefits of $45MM, mainly due to a $57MM tax benefit recorded in 2Q15 in connection with the special cash dividend paid to employees through the 401(k) Retirement Plan.
$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?