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Stock Market & Financial Investment News

News Breaks
January 10, 2014
14:08 EDTMGMMGM Resorts price target raised to $29 from $24 at Argus
Argus increased its price target on MGM after a report showed that Macau gaming revenue jumped almost 19% in December. The firm expects room prices for the company's Las Vegas Strip hotels to rise 10% year-over-year in Q1 and it keeps a Buy rating on the stock.
News For MGM From The Last 14 Days
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July 1, 2015
06:48 EDTMGMMacau reports June casino revenue down 36.2% to 17.36B patacas
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June 30, 2015
15:17 EDTMGMMacau visa change does not signal a change in policy, says Wells Fargo
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12:50 EDTMGMMacau transit visa rules reversed, signal end of tightening, says BofA/Merrill
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12:44 EDTMGMMacau appears to re-lengthen visas to 7 days, says Brean Capital
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June 26, 2015
09:32 EDTMGMNevada reports May Statewide gaming win up 3.33% to $1.0B
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June 19, 2015
07:38 EDTMGMMacau official says monthly revenue could hit four year low, says Wells Fargo
Wells Fargo reports that a Macau official said that the region's gaming revenue may hit the lowest level in over four years this month. The official said that the region's June gambling revenue could be more than 20% below the average for the first five months of this year, the firm added. Wells says that Macau's gaming industry remains challenged, and it remains neutral on the sector. Publicly traded companies in the space include Las Vegas Sands (LVS), MGM Resorts (MGM), Wynn Resorts (WYNN), and Melco Crown (MPEL).
June 17, 2015
05:59 EDTMGMStocks with implied volatility movement; MGM CBI
Stocks with implied volatility movement; MGM Resorts (MGM) 35, Chicago Bridge & Iron (CBI) 47 according to iVolatility.

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