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$MKC 2Q15 Call – Alan, CEO: Annual sales of Stubbs business is approx. $30MM & growing at double-digit rate. We expect to maintain double-digit pace of sales growth near term through expanded distribution, increase household penetration & innovative flavors. We anticipate significant cost synergies of least $10MM on incremental EBITDA by 2017.
$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?