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Stock Market & Financial Investment News

News Breaks
May 2, 2014
10:49 EDTWYNNWynn Resorts rallies after results, levels to watch
Shares are up 5.8% at time of writing to $218.46 following stronger than expected results last night after the close. The company reported Q1 adjusted EPS of $2.32 versus consensus of $2.07. At current price, resistance is at $223.50. Support is at $212.87. Sterne Agee upgraded the shares to Buy. Deutsche Bank bumped its price target up to $265.
News For WYNN From The Last 14 Days
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August 28, 2014
09:32 EDTWYNNNevada reports July statewide gaming win up 0.65% to $931.8M
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August 26, 2014
07:26 EDTWYNNMacau 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.
August 21, 2014
06:54 EDTWYNNWynn unit to spend $20M on Macau casinos design work, Macau Business says
Wynn Resorts' Wynn Macau unit is slated to spend $20.13M this year on design work for its casinos, Macau Business reports. This figure is double the amount the company originally planned. Reference Link

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