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Financial services holding company $USB said its plan to increase capital distribution over next 4 fiscal quarters was accepted by the Federal Reserve. The plan includes a recommendation to increase quarterly dividend by 9.8% to $0.28 per share in 3Q16, bringing annual dividend to $1.12 per share.
$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?