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Robert Ohmes of BofA questions about the outlook for store growth in China. CEO Kevin Plank replied that $UA has the opportunity to open over 150 owned partner stores in 2016, the majority of those are actually going to be in China. Kevin added that $UA is looking at a north of $150MM business in China.
$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?