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Are Recent Casino Moves A Mirage? - Market Report

|Includes: MGM Resorts International (MGM)
Prosper Texas, August 04 2009 – On Monday casino giant MGM MIRAGE (NYSE: MGM) reported second quarter earnings that came in with a loss of 15 cents per share, ex-items. Analysts were looking for a loss closer to 9 cents a share. On Tuesday morning, shares of the casino operator were trading higher by 9 % along with Las Vegas Sands Corp. (NYSE: LVS) which was trading higher by 8%., well off the recent lows.
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Other Stocks we’re watching for Tuesday, AUG 4, 2009 include:
NavStar Technologies. (OTC: NVSR) Is up as much as 100%. The company announced Aug 4 09 it is in discussions with a group of investors to sell and distribute products and services in Korea.
Baywood International Inc. New  (OTCBB: BAYW) Is up as much as 20% Announced on Aug 4 09 that Costco Wholesale is rolling out New Leaf Tea in all 77 stores in Canada starting the first week of this month.
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