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Stock Market & Financial Investment News

News Breaks
January 3, 2014
16:41 EDTMGM, ROIAKRadio One to invest in MGM Resorts casino, Inside Radio says
Radio One (ROIAK) is investing as much as $40M in an MGM Resorts (MGM) casino project in Maryland, beginning with a $5M payment in the coming months, reports Inside Radio. Shares of Radio One were sharply higher during today's session, gaining $1.04, or 25.62%, to $5.10. Reference Link
News For ROIAK;MGM From The Last 14 Days
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April 1, 2015
07:06 EDTMGMMacau reports March casino revenue down 39.4% to 21.49B patacas
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March 31, 2015
09:33 EDTMGMNevada reports February statewide gaming win down 1.08% to $916.09M
Reports February Las Vegas Strip gaming win down 4.38% to $531.35M. Publicly traded companies in the space include Boyd Gaming (BYD), Caesar's (CZR), Las Vegas Sands (LVS), MGM Resorts (MGM), Penn National (PENN) and Wynn Resorts (WYNN).
March 23, 2015
07:15 EDTMGMCredit Suisse to hold a conference
18th Annual Asian Investment Conference is being held in Hong Kong on March 23-27.
March 20, 2015
12:24 EDTMGMLand and Buildings issues statement in response to filing of MGM Resorts proxy
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March 19, 2015
13:00 EDTMGMCasino operators jump after analyst starts with Buy ratings
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10:02 EDTMGMOn The Fly: Analyst Initiation Summary
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March 18, 2015
16:23 EDTMGMMGM Resorts initiated with a Buy at Brean Capital
Target $27.
16:00 EDTMGMOptions Update; March 18, 2015
iPath S&P 500 VIX Short-Term Futures down 1.20 to 26.10. Option volume leaders: AAPL RAD PBR TWTR FB TSLA CLF BP MGM according to Track Data.
10:00 EDTMGMOn The Fly: Analyst Downgrade Summary
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09:13 EDTMGMMGM Resorts potential REIT conversion would unlock value, says Morgan Stanley
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08:28 EDTMGM, MGMMGM Resorts downgraded to Outperform from Buy at CLSA
CLSA downgraded MGM Resorts to Outperform and lowered its price target to $25 from $29 as part of Macau sector downgrade to reflect disappointing run rates year-to-date and expectations for more negative newsflow. See sector note for further information.
08:24 EDTMGM, MGMMacau sector downgraded at CLSA
CLSA downgraded the Macau sector given disappointing run rates year-to-date and expectations for more negative newsflow. The firm said the anti-corruption campaign continues to pressure VIP and premium mass customer visits. CLSA now expects 2015 EBITDA growth of -26%, lowered its view of VIP growth to -32% from -14%, reduced mass growth to -17% from -2%, and now expects new Cotai projects ROIC to average only +18, down from +35% previously. As part of the sector view change, the firm downgraded Las Vegas Sands (LVS), MGM Resorts (MGM), and Wynn Resorts (WYNN) to Outperform from Buy.
05:55 EDTMGMStocks with implied volatility movement; MGM CY
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