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Stocks to Watch: December 9, 2016

Check out which companies are making headlines before the bell:

Las Vegas Sands, MGM Resorts, Wynn Resorts — Shares of casino operators are bouncing back this morning, after Macau officials said they had not shrunk daily cash withdrawal limits for Chinese gamblers. A report in the South China Morning Post had said the amount allowed for withdrawal from automated teller machines would be cut in half.

— The luxury furnishings retailer reported adjusted quarterly profit of 20 cents per share, four cents above estimates. Revenue also beat forecasts, but the company gave weak current quarter guidance due to promotional activity.

Aflac — The disability insurer was cut to "underperform" from "market perform" at RBC, based on RBC's outlook for sluggish sales growth and various earnings headwinds.

Biogen — Biogen's experimental Alzheimer's drug was shown to reduce the risk of brain swelling when doses are gradually increased as opposed to using fixed higher doses.

Vail Resorts — The resort operator lost $1.70 per share for its latest quarter, 13 cents wider than anticipated, and its revenue also came in below analyst estimates. However, Vail did raise its 2017 resort earnings outlook, and said season pass sales during the quarter were up 16 percent over a year ago.

Duluth Holdings — Duluth reported a profit of 1 cent per share, compared to forecasts of a breakeven quarter, but the casual clothing maker saw revenue miss forecasts and it gave weak full-year guidance. Duluth cites unusually warm weather and a highly promotional environment for its cautious forecast.

Bristol-Myers Squibb — The drug maker raised its quarterly dividend by 1 cent to 39 cents per share, starting with 2017's first quarter.

Broadcom — Broadcom came in 9 cents above estimates with adjusted quarterly profit of $3.47 per share, while the chip maker saw revenue come in slightly above Street forecasts. Broadcom also announced a doubling of its quarterly dividend to $1.02 per share.

— Vice Chairman Ralph de la Vega will retire on December 31 after 42 years at the company. De la Vega was responsible for the company's launch of the first iPhone, which at the time was an exclusive contract for AT&T.

Athene — Athene priced its initial public offering at $40 per share, in the middle of the expected $38 to $42 range, raising $1.1 billion. That makes the annuity provider's IPO the second largest of the year, behind , according to Dealogic.

3M — 3M sold its identity management business to Amsterdam-based Gemalto for $850 million. The deal is expected to close in the first half of 2017.

Monsanto — The chemical maker was sued by Washington state for damages and cleanup costs related to PCB production.

Wells Fargo — The bank reportedly chose four of its directors, including chairman Stephen Sanger and vice chair Elizabeth Duke, for a panel that will lead an investigation into the recent sales practices scandal. Reuters reports the other two members are directors Enrique Hernandez and Donald James, and that all four are independent directors.

Lions Gate — The movie studio closed its acquisition of cable network operator Starz for $4.4 billion in cash and stock.