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Monday 20 April 2015
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Price Losers To Watch List: Wynn Resorts, (NASDAQ:WYNN), Norfolk Southern (NYSE:NSC), Advanced Micro Devices, (NASDAQ:AMD), Las Vegas Sands (NYSE:LVS)

On Tuesday, Wynn Resorts, Limited (NASDAQ:WYNN)’s shares declined -4.54% to $127.53, as Wynn Resorts, declared that Glass Lewis & a leading independent proxy advisory firm, has recommended that Wynn Resorts stockholders vote “FOR” ALL of Wynn Resorts’ director nominees, Mr. John J. Hagenbuch and Mr. J. Edward Virtue, on the WHITE proxy card at the Corporation’s Annual Meeting of Stockholders to be held on April 24, 2015.

Wynn Resorts, Limited, together with its auxiliaries, develops, owns, and operates destination casino resorts. It operates in two segments, Macau Operations and Las Vegas Operations.

Norfolk Southern Corp. (NYSE:NSC)’s shares dropped -4.18% to $100.49, during the last trading session on Tuesday, as Norfolk Southern Corporation’s, first quarter 2015 diluted earnings per share are predictable to be $1.00 per share, 15% below the same quarter 2014. The reduction in earnings is primarily due to lower than predictable proceeds, although certain expense items also affected the comparison. Proceed decreases reflect reductions in fuel surcharge proceed in each of NS’ three commodity groups, continued reductions in coal volumes, and a lower average proceed per unit related to the mix of business. Lower overall expenses were aided by declining fuel expense but hurt by weather and service recovery costs.

Norfolk Southern Corporation, together with its auxiliaries, engages in the rail transportation of raw materials, intermediate products, and finished goods. As of December 31, 2014, it operated about 20,000 miles of road in 22 states and the District of Columbia.

At the end of Tuesday’s trade, Advanced Micro Devices, Inc. (NASDAQ:AMD)‘s shares dipped -3.96% to $2.67, as AMD, declared that it will webcast its earnings conference call on Thursday, April 16, 2015 at 5:30 p.m. EDT / 2:30 p.m. PDT to talk about the results of its fiscal first quarter ended March 28, 2015.

All interested parties will have the opportunity to listen to the real-time audio webcast of the teleconference over the Internet through AMD’s website at ir.amd.com. An archive of the webcast will be accessible for about one year after the conference call.

Advanced Micro Devices, Inc. operates as a semiconductor corporation worldwide. The corporation’s products primarily comprise x86 microprocessors as an accelerated processing unit (APU), chipsets, discrete graphics processing units (GPUs), and semi-custom System-on-Chip (SoC) products.

Las Vegas Sands Corp. (NYSE:LVS), ended its Tuesday’s trading session with -3.88% loss, and closed at $55.80, as Las Vegas Sands, declared that its majority-owned partner Sands China Ltd. has reached an contract with the lenders in its existing credit facility to provide an additional U.S. dollar equivalent $1 billion term loan.

The corporation anticipates to receive the U.S. dollar equivalent of $1.0 billion in proceeds from the new term loan on or around April 30, 2015.

Las Vegas Sands Corp. develops, owns, and operates integrated resorts in Asia and the United States. The corporation owns and operates The Venetian Macao Resort Hotel, Sands Cotai Central, the Four Seasons Hotel Macao, the Plaza Casino, and the Sands Macao in Macau, the People’s Republic of China.

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