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Stock Market & Financial Investment News

News Breaks
February 26, 2014
08:15 EDTMGMMGM Resorts price target raised to $33 from $29 at Argus
Argus raised its price target on MGM after the company reported higher than expected Q4 operating profits. The firm expects the company to benefit from continued strong revenue at MGM China in Q1, as well as 10% year-over-year increases in room prices at the company's Las Vegas Strip properties. The firm keeps a Buy rating on the stock.
News For MGM From The Last 14 Days
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September 1, 2015
07:03 EDTMGMMacau reports August casino revenue down 35.5% to 18.62B patacas
Information on monthly gross revenue from games of fortune published on Macau government website. Publicly traded companies in the Macau gaming space include Las Vegas Sands (LVS), MGM Resorts (MGM), Melco Crown (MPEL) and Wynn Resorts (WYNN).
August 31, 2015
05:37 EDTMGMHulu, Epix announce extensive multi-year agreement
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August 28, 2015
09:34 EDTMGMNevada reports July statewide gaming win down 0.96% to $922.89M
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August 21, 2015
07:17 EDTMGMMacau developments negative, says Wells Fargo
Wells Fargo says that its checks on Macau for August indicate that the region's revenues are trending flat to down this month. According to Wells, in August the region's revenues are historically up 4% versus July. The firm adds that comments by Macau casino owner Galaxy suggest that the market has not yet bottomed. Wells believes that the market has not yet stabilized and remains neutral on Macau stocks, although it remains upbeat on their long-term outlook. Publicly traded companies in the Macau gaming space include Las Vegas Sands (LVS), MGM Resorts (MGM), Melco Crown (MPEL) and Wynn Resorts (WYNN).
August 18, 2015
07:13 EDTMGMMacau GGR poised to sink 37% in August, says Bernstein
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