New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
April 10, 2014
08:14 EDTMGMMGM Resorts weakness creates long-term buying opportunity, says Stifel
Stifel believes that concerns about China have driven down MGM's stock. However, the firm thinks the stock has several upcoming positive catalysts, including the slated 1H16 opening of a new Macau casino, regional development projects, and a strong 2014 group/convention booking outlook. The firm keeps a $32 price target and Buy rating on the shares.
News For MGM From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
March 5, 2015
07:23 EDTMGMJPMorgan to hold a forum
Subscribe for More Information
06:23 EDTMGMLas Vegas Sands the most defensive large-cap gaming stock, says Citigroup
Subscribe for More Information
March 3, 2015
06:44 EDTMGMMacau gambling revenue fell 49% in February, NY Times reports
Subscribe for More Information
06:43 EDTMGMMacau reports February casino revenue down 48.6% to 19.54B patacas
Subscribe for More Information
February 27, 2015
09:35 EDTMGMNevada reports January statewide gaming win up 7.75% to $952.7M
Subscribe for More Information
February 26, 2015
08:29 EDTMGMDeutsche cuts 2015 Macau growth forecast to down 21.4%
Deutsche Bank lowered its 2015 Macau gross gaming revenue forecast to down 21.4% from down 8.4% saying the demand issues will not be solved by expanding capacity. The firm's confidence in a Macau turnaround remains "muted," but it continues to view shares of MGM Resorts (MGM) as "meaningfully undervalued." It views Buy-rated Wynn Resorts (WYNN) as better suited for longer term investors at this stage, and lowered its price target for the stock to $170 from $176. Deutsche also cut its price target for Hold-rated Las Vegas Sands (LVS) to $49 from $53.
February 25, 2015
09:36 EDTMGMActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL HPQ PBR FSLR MRVL TSLA LVS ABX TWTR MGM
February 24, 2015
09:52 EDTMGMMacau to review mainland’s individual visit scheme, Macau Business Daily says
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use