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$HAFC, a bank holding company of Hanmi Bank, said that it has decided to withdraw its proposed merger with $BBCN following the announcement of inferior agreement between $BBCN & $WIBC. $HAFC also considered a $40MM break-up fee provision in the $WIBC agreement, which would increase the cost by approx. $0.50 per share to combine with $BBCN.
$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?