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$MSFT reported a rise in 1Q16 earnings helped by lower provision for income taxes. Net income was $4.62Bil or $0.57 per share, up from $4.54Bil or $0.54 per share last year. Revenue dropped to $20.38Bil from $23.20Bil. Results were driven by strong execution of new devices, Windows 10, office 365 and Azure.
$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?