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Stock Market & Financial Investment News

News Breaks
June 25, 2014
07:23 EDTLVS, WYNNLas Vegas Sands, Wynn Resorts price targets lowered at FBR Capital
FBR Capital lowered its price target for Las Vegas Sands (LVS) to $80 from $85 and for Wynn Resorts (WYNN) to $215 from $235 citing a reduced Macau market growth forecast. FBR now expects 2014 Macau growth of 7.5%, down from its previous expectation of 13%. The form keeps Market Perform ratings on both stocks, and sees limited incremental downside risk, saying "expectations have rationalized."
News For LVS;WYNN From The Last 14 Days
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October 28, 2014
16:23 EDTWYNNWynn Resorts raises quarterly dividend 20% to $1.50 per share
Wynn Resorts also announced that the company has approved a new quarterly cash dividend of $1.50 per common share, a 20% increase from its previous regular dividend. The company has also approved an additional cash dividend of $1.00 per share. The total dividend of $2.50 per share will be payable on November 25 to stockholders of record on November 12.
16:22 EDTWYNNWynn Resorts reports Q3 adjusted EPS $1.95, consensus $1.84
Reports Q3 revenue $1.37B, consensus $1.37B.
09:34 EDTLVS, WYNNNevada reports September statewide gaming win down 5.97% to $901.7M
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08:07 EDTLVSLas Vegas Sands 17M share Block Trade priced at $60.00
The deal range was $59.90-$60.25. Barclays acted as sole book running manager for the offering.
October 27, 2014
13:31 EDTWYNNWynn Resorts weekly volatility elevated into Q3 and outlook
Wynn Resorts October weekly call option implied volatility is at 49, November is at 30, December is at 29, January is at 26; compared to its 26-week average of 31 according to Track Data, suggesting large near term price movement into the expected release of Q3 results on October 28.
October 21, 2014
15:35 EDTWYNNNotable companies reporting before tomorrow's open
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