MGM Misses Q3 Outlook, But Sees Q4 Las Vegas Rebound
MGM Resorts International (MGM) posted a worse-than-expected third-quarter loss early Wednesday, driving shares down on the first day of post-Hurricane Sandy trading. The No. 2 global casino company behind Las Vegas Sands (LVS) lost 23 cents a share, vs. a 14-cent loss last year, and 6 cents worse than analysts projected on lower revenue from its Las Vegas casinos. The casino operator sounded an optimistic note about Q4, saying Las Vegas gambling
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