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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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July 24, 2015
13:50 EDTWYNNWynn Resorts volatility elevated into Q2 and outlook
Wynn Resorts July weekly call option implied volatility is at 71, August is at 44, September is at 38; compared to its 52-week range of 23 to 47, suggesting large near term price movement into the expected release of Q2 results on July 27.
July 23, 2015
07:32 EDTWYNNLas Vegas Sands results encouraging, says Stifel
After Las Vegas Sands (LVS) reported higher than expected Macau property-level EBITDA, Stifel says that the beat should cause analysts to raise their estimates for the company. The firm adds that the results are encouraging for all "Macau-centric operators." It raised its price target on Las Vegas Sands to $65 from $60 and keeps a Buy rating on the shares. Other companies with a major presence in Macau include Melco Crown (MPEL), Wynn Resorts (WYNN), and MGM (MGM).
July 22, 2015
19:02 EDTWYNNOn The Fly: After Hours Movers
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July 19, 2015
13:47 EDTWYNNWynn Resorts could be 'long-term winner' if Macau improves, Barron's says
Shares of Wynn Resorts look "potentially cheap" ahead of a possible recovery in Macau gambling, Barron's contends in a 'Trader Extra' column. The publication calls Wynn "one of the best-managed companies in the sector," and though Macau could worsen, "stabilization by next year" is the more likely outcome, says Barron's. Reference Link
July 14, 2015
14:00 EDTWYNNNew Jersey reports Atlantic City gaming win down 8.2% to $216.5M in June
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