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Stock Market & Financial Investment News

News Breaks
May 13, 2014
07:13 EDTWYNNWynn Resorts valuation will prove to be a great entry point, says Goldman
Goldman expects Wynn Resorts' recent weakness to prove to be a great entry point. The firm expects the Wynn Palace opening in 2016 to be a big success and for relative dividend yield, free-cash-flow, and EBITDA margins to drive shares higher. Shares are Buy rated with a $265 price target.
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July 28, 2014
13:12 EDTWYNNWynn Resorts technical comments before results
In the past three months shares have performed in line with broader averages. The trading range has been well-defined with it largely contained between a low at $200 and a high at $220. At the current price of $210.09, the stock is in the middle of that range. The trading range bounds will be important presuming that there is sufficiently strong news, positive or negative, to move through them. It is possible that more or less neutral results and guidance will keep the current range intact. If news is better than expected, a move above $220 could be expected. Resistance above is at $227.46 and $229.65. On weaker results and guidance, a move below $200 could be expected. Such a move would call the long-term uptrend into question and would be bearish for future price. Support below $200 would be at $193.64 and then at $191.83.
July 25, 2014
09:32 EDTWYNNNevada reports June statewide gaming win up 14.4% to $906.9M
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July 24, 2014
10:43 EDTWYNNWynn Resorts August weekly volatility increases into Q2 and Macau outlook
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July 14, 2014
14:04 EDTWYNNNJ reports Atlantic City June gaming win $236M
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