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$OXY said that it expects to receive an additional $900MM of cash this year from its settlement with the Republic of Ecuador, of which, company had collected $300MM to date and about $300MM of proceeds from asset sales during this quarter. In the U.S., the company had ceased all gas drilling activity and will focus its capital in the Permian basin.
$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?