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Stock Market & Financial Investment News

News Breaks
May 2, 2014
08:56 EDTWYNNWynn Resorts sees a real recovery in Las Vegas, says Susquehanna
Susquehanna said the Wynn Resorts earnings call was bullish as management cited a real recovery in Las Vegas and no slowdown in Macau. The firm maintains its Positive rating due to its strong free cash flow, Las Vegas recovery, its projected opening of Wynn Palace in Macau, and its front-runner status in Japan should gaming legislation be passed. Price target is $268.
News For WYNN From The Last 14 Days
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August 28, 2015
09:34 EDTWYNNNevada 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
07:17 EDTWYNNMacau 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).
August 18, 2015
07:13 EDTWYNNMacau GGR poised to sink 37% in August, says Bernstein
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