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Hospitality firm $MGM said it has completed issuance of $500,000,000 of 4.625% senior notes due 2026, issued at par. Company intends to use net proceeds from the offering, together with cash on hand, to redeem its 7.625% senior notes due 2017, and pending such use, invest in short-term interest-bearing accounts, securities or similar investments.
$MON shares dip slightly; I wonder this is because of the environmental lawsuit filed by the Washington state against the production of PCBs.
My bet is that $FR will reach $32 in the short term. It’s time it broke the 52-week high and had its fair share of growth.
$WYNN got bruised up by China after its decision to cut withdrawal limit in Macau ATMs. Wynn Resorts shares went down by more than 11%! Well who could have guessed that right?