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New York City-based $CL said 1Q16 organic sales growth is well within its targeted range of 4-7%. Gross profit margin reached a longstanding goal of 60%. Advertising as a percent of sales was at a solid 10.6%, even with the year ago quarter, but up 230 BPs from 4Q15 behind strong new product activity.
$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?