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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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October 30, 2014
08:07 EDTMGMMGM Resorts reports Q3 net revenue at domestic results up 2%
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08:06 EDTMGMMGM Resorts: MGM China reports Q3 12% increase in EBITDA to $214M
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08:06 EDTMGMMGM Resorts: Las Vegas continues to improve with revenue growth of 3%
The company added, "While we expected to have some negative impact to margins during the quarter as a result of the disruptions related to our investments in Delano at Mandalay Bay and the Strip frontage at Monte Carlo, we were also negatively affected by lower year over year table games hold and an increase in certain expenses. Looking forward, we remain highly focused on increasing revenues and expanding margins while driving operating leverage in an improving market."
08:05 EDTMGMMGM Resorts reports Q3 EPS 4c, consensus 6c
Reports Q3 revenue $2.49B, consensus $2.49B
October 28, 2014
09:34 EDTMGMNevada reports September statewide gaming win down 5.97% to $901.7M
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October 23, 2014
18:34 EDTMGMEaton contracted to provide MGM Resorts with power management solutions
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09:15 EDTMGMNRG Energy and MGM Resorts to install convention center solar array
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