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MGM's Solid Q3 Puts It One Step Closer To Becoming An 'Investment-Grade' Stock
Tuesday, November 8, 2016 - 1:23pm | 392Read More...The better-than-expected third-quarter results put MGM Resorts International (NYSE: MGM) one step closer to become an “investment-grade” stock. CLSA expectsMGM to turn free cash flow positive in 2017, driven by the upcoming openings of National Harbor and MGM Cotai. Rating Boost Ahead...
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MGM Looking Like A Good Bet On Signs Of Improving Landscape In Macau, Solid Growth In Vegas
Thursday, October 6, 2016 - 1:12pm | 339Read More...MGM Resorts International (NYSE: MGM) could continue to benefit from positive growth trends in its two biggest markets. Argus analyst John Staszak has upgraded MGM from Hold to Buy based on solid Las Vegas numbers and a potential rebound in the Macau market headed into 2017. According to Staszak,...
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Goldman Selectively Bullish On Macau
Monday, May 9, 2016 - 10:45am | 360Read More...It may finally be time for investors to start dipping their toes back into Macau casino stocks. However, Goldman Sachs analyst Simon Cheung believes investors still need to be selective. According to Cheung, Wynn Resorts, Limited (NASDAQ: WYNN) and MGM Resorts International (NYSE: MGM) are Goldman...
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Credit Suisse: Wynn Macau At Risk Of Cutting Its Dividend
Thursday, January 8, 2015 - 11:14am | 226Read More...In a note to clients on Thursday, Kenneth Fong of Credit Suisse suggested that Wynn Resort, Limited's (NYSE: WYNN) subsidiary Wynn Macau is at risk of slashing its dividends. “In light of the risk of earnings deterioration in 2015 but ongoing capex requirement for the upcoming...
