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Gold and copper producer $NEM said it has paid the remaining $275MM balance under its Term Loan due 2019. Early repayment of the loan results in lower corporate debt and reduced cash interest expense. YTD, $NEM has reduced its debt by $915MM. Company has about $6Bll in cash, revolver capacity and marketable securities on its balance sheet.
$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?