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Stock Market & Financial Investment News

News Breaks
June 3, 2014
08:52 EDTMGM, LVS, WYNN, MPELVolatility in Macau shares should create buying opportunity, says Sterne Agee
After Macau's May gross gaming revenue came in below expectations, Sterne Agee thinks the miss was due to a low hold and low VIP volume. The firm believes that June results for Macau could be choppy due to a tough comp and the World Cup, but it remains upbeat on Macau's longer term outlook. In order of preference, the firm recommends buying Melco Crown (MPEL), Las Vegas Sands (LVS), MGM Resorts (MGM), and Wynn Resorts (WYNN).
News For MPEL;LVS;MGM;WYNN From The Last 14 Days
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September 3, 2015
13:45 EDTWYNNWynn Resorts estimates lowered on Macau weakness at Argus
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September 2, 2015
10:00 EDTWYNNOn The Fly: Analyst Upgrade Summary
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08:22 EDTWYNN, WYNNWynn Resorts upgraded to Buy from Outperform at CLSA
CLSA upgraded Wynn Resorts to Buy from Outperform based on share underperformance and lowered its price target to $104 from $117 on shares.
September 1, 2015
07:03 EDTWYNN, MPEL, LVS, MGMMacau 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 EDTMGM, LVS, WYNNNevada reports July statewide gaming win down 0.96% to $922.89M
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August 27, 2015
06:03 EDTWYNNWynn Resorts implied volatility of 63 at upper end of index
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August 21, 2015
16:01 EDTLVSOptions Update; August 21, 2015
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07:17 EDTWYNN, MPEL, MGM, LVSMacau 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).

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