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$DRI expects the mandated minimum wage increases, effective January 1, to inflate its hourly wage rates by 1.2%. Each brand will be impacted differently based on geography. The overall impact at $DRI is mitigated given its geographic diversity. $DRI will find productivity enhancements through simplification efforts to manage future wage inflation.
$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?