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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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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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