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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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August 28, 2014
09:32 EDTMGMNevada reports July statewide gaming win up 0.65% to $931.8M
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August 26, 2014
07:26 EDTMGMMacau estimates lowered at Morgan Stanle
Morgan Stanley lowered Macau 2014 growth estimates to 6% from 12% and 2015 to 11% from 12.5% due to expectations for VIP trends to continue to deteriorate given the China macro impact and notes slowing mass growth rates.

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