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Stock Market & Financial Investment News

News Breaks
August 7, 2014
09:26 EDTWYNNWynn Resorts upgraded at Craig-Hallum
As previously reported, Craig-Hallum upgraded Wynn Resorts to Buy from Hold. The analyst upgraded shares citing an attractive entry point and believes shares now discount concerns of the Chinese government corruption crackdown, junket credit availability and economic uncertainty. The firm expects meaningful top-line growth in 2016 when Wynn Palace in Cotai opens and believes it is one of the front runners for a Japan casino license. Price target is $244.
News For WYNN From The Last 14 Days
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October 28, 2014
16:23 EDTWYNNWynn Resorts raises quarterly dividend 20% to $1.50 per share
Wynn Resorts also announced that the company has approved a new quarterly cash dividend of $1.50 per common share, a 20% increase from its previous regular dividend. The company has also approved an additional cash dividend of $1.00 per share. The total dividend of $2.50 per share will be payable on November 25 to stockholders of record on November 12.
16:22 EDTWYNNWynn Resorts reports Q3 adjusted EPS $1.95, consensus $1.84
Reports Q3 revenue $1.37B, consensus $1.37B.
09:34 EDTWYNNNevada reports September statewide gaming win down 5.97% to $901.7M
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October 27, 2014
13:31 EDTWYNNWynn Resorts weekly volatility elevated into Q3 and outlook
Wynn Resorts October weekly call option implied volatility is at 49, November is at 30, December is at 29, January is at 26; compared to its 26-week average of 31 according to Track Data, suggesting large near term price movement into the expected release of Q3 results on October 28.
October 21, 2014
15:35 EDTWYNNNotable companies reporting before tomorrow's open
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