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$HRB said that excluding certain items, 1Q17 pretax loss would have improved $3MM vs. 1Q16. EBITDA loss rose just $2.5MM to $141MM and this was due to the bank divestiture. Income taxes were less favorable during the quarter due to discrete tax benefits recognized in 1Q16. The company expects full-year 2017 tax rate to between 35-36%.
$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?