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$CORE said its key assumptions for 2016 remain unchanged and include $13MM of LIFO expense, a 38.5% tax rate and 23.4MM fully diluted shares outstanding. The company also reaffirmed CapEx estimates for 2016 of approx. $50MM, which will be used for expansion projects, including a new warehouse in Las Vegas, and maintenance investments.
$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?