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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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April 14, 2015
14:05 EDTMGMNJ Gaming reports March total Win $203.9M vs. $199.3M a year ago
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April 9, 2015
08:31 EDTMGMMGM Resorts and Infinity World announce approval of $400M special dividend
MGM Resorts and Infinity World Development announced a special dividend and the adoption of an annual distribution policy by CityCenter Holdings. CityCenter approved a $400M special dividend, which will be paid on or about April 30, 2015. The owners will each receive $200M, representing their pro rata share. In addition, CityCenter has approved the adoption of a regular dividend policy pursuant to which it will make annual distributions of up to 35% of excess cash flow subject to approval by the CityCenter board.

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