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$ABT, which competes with $MDT, $JNJ, and $BSX, said for 2Q16 the company expects an adjusted gross margin ratio of somewhat above 57%, adjusted R&D investment somewhat above 6.5% of sales and adjusted SG&A expense of around 31.5% of sales. The company also expects specified items of $0.14 in 2Q16.
$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?