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$POM 1Q15 10-Q: On Feb. 26, 2015, District of Columbia FY15 Budget Support Act of 2014 became law, effective Jan. 1, 2015. Law revised apportionment methodology for corporate tax and included phase-down of corporate tax rate from 9.975% to 8.25% by FY19. Change in law required Pepco to re-measure net deferred tax liabilities in 1Q15.
$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?