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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
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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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