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Stock Market & Financial Investment News

News Breaks
February 20, 2014
07:39 EDTMGMMGM Resorts should outperform market, says Stifel
Stifel expects MGM's stock to outperform in the near-term and longer term, driven by stronger FY14 convention bookings, higher than expected Q1 REVPAR guidance, and an encouraging Strip outlook. The firm raised its price target on the stock to $32 from $27 and keeps a Buy rating on the shares.
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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.
August 13, 2014
13:57 EDTMGMNJ reports Atlantic City July gaming win down 7.7% to $274.3M
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