Macau rut may slow casinos
at Investor's Business Daily - Thu May 22, 6:00PM CDT
Slow short-term growth in Macau gambling revenue has the potential to set back earnings for top casinos like Las Vegas Sands (LVS) and Wynn Resorts (WYNN). Both Nomura Securities and Wells Fargo have lowered growth forecasts amid the slump. A recent...
Wynn Resorts Rises 1.71% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Thu May 22, 3:46PM CDT
Wynn Resorts (NASDAQ:WYNN) traded in a range yesterday that spanned from a low of $204.66 to a high of $210.26. Yesterday, the shares gained 1.7%, which took the trading range above the 3-day high of $206.30 on volume of 1.6 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
After Yesterday's Rally of 1.71% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Thu May 22, 3:46PM CDT
Wynn Resorts (NASDAQ:WYNN) traded in a range yesterday that spanned from a low of $204.66 to a high of $210.26. Yesterday, the shares gained 1.7%, which took the trading range above the 3-day high of $206.30 on volume of 1.6 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
Las Vegas Sands, Others May Be Hurt By Macau Slump
at Investor's Business Daily - Thu May 22, 10:45AM CDT
A second bank said Macau faces a short-term slump in gambling revenue that could affect earnings for Las Vegas Sands (LVS) and other top casinos in the hot gambling destination on China's southern coast. Nomura Securities on Thursday cut its...
Critical Alerts For Home Depot, CVS Caremark, Wynn Resorts, ConocoPhillips, and AIG Released By InvestorsObserver
PR Newswire - Thu May 22, 8:31AM CDT
InvestorsObserver issues critical PriceWatch Alerts for HD, CVS, WYNN, COP, and AIG.
Blackstone Buys the Cosmopolitan, Jumping Into Las Vegas Gaming Market
Travis Hoium, The Motley Fool - Motley Fool - Wed May 21, 11:36AM CDT
Deutsche Bank is finally exiting the Las Vegas gaming market it never wanted to be in in the first place. Six years after The Cosmopolitan's builder defaulted on loans, the Strip resort is being sold to a fund run by Blackstone Group . The deal...
'Fast Money' Recap: Vulnerable Companies
at The Street - Wed May 21, 4:00AM CDT
The trading panel discussed disappointing retail earnings.
WYNN RESORTS
at Investor's Business Daily - Tue May 20, 5:58PM CDT
WYNN RESORTS (WYNN), a casino company, named interim treasurer Stephen Cootey as CFO, senior VP and treasurer, effective immediately, and said Matt Maddox, who was serving as CFO, will continue as company president. Shares fell 0.5%.
The Top Stock in Gaming Today
Travis Hoium, The Motley Fool - Motley Fool - Tue May 20, 4:45PM CDT
2014 has been a tough year for gaming stocks, with a major downturn occurring since the beginning of March. Investors are concerned that a crackdown in money laundering out of Mainland China will hurt gaming revenue, something I've highlighted as a...
Macau Casino Revenue Seen Slowing Amid Credit Crunch
at Investor's Business Daily - Tue May 20, 12:55PM CDT
Macau is the growth engine for the global casino industry, and revenue growth for casinos there seems to be slowing, Wells Fargo said in a report. That could affect sales and earnings for world's largest casino company, Las Vegas Sands (LVS), and...
Post Earnings Update: Wynn Resorts Has Sunk 2.4% Lower in Past 2 Weeks (WYNN)
Comtex SmarTrend(R) - Mon May 19, 1:31PM CDT
Two weeks ago on May 1st, 2014 Wynn Resorts (NASDAQ:WYNN) reported earnings and analysts, on average, expected earnings of $2.07 on sales of $1.5 billion. Wynn Resorts actually reported earnings of $2.32 per share on sales of $1.5 billion, beating EPS estimates by $0.25 and beating revenue estimates by $22.8 million. Shares of Wynn Resorts have slipped from $206.63 to $201.77, representing a loss of 2.4%, since the company reported earnings 18 days ago.
Gambling Stock Roundup: WYNN Resorts, Las Vegas Sands in Focus - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon May 19, 1:16PM CDT
Wynn Resorts Ltd. (WYNN), Las Vegas Sands Corp. (LVS), and many other leading Macau-based casino operators likely to be impacted by the crackdown on the use of state-backed bank cards.
Now Is the Time to Place a Bet On Melco Crown
Bradley Seth, McNew, The Motley Fool - Motley Fool - Sat May 17, 8:30AM CDT
As a purely Asian holding, Melco Crown may not be on the radar of many mainstream American investors looking at the big names in the industry such as Las Vegas Sands and Wynn Resorts . It should be. With the company continuing to expand in...
Can Melco Crown Keep Putting Money in Your Pocket or is Las Vegas Sands Corp. and Wynn Resorts Ltd.
Daniel Jones, The Motley Fool - Motley Fool - Fri May 16, 5:00PM CDT
Source: Melco Crown For investors who held shares of Melco Crown Entertainment , May 9, 2014 was a great day. The previous day the company reported its latest financial results after the market close. After processing the results, shares of the...
Conference Schedules, Entertainment Show Launches, Social Initiatives, Stock Movements, and Monthly Airline Traffic Results - Analyst Notes on Time Warner, CBS, UPS, Wynn Resorts and American Airlines
PR Newswire - Fri May 16, 7:30AM CDT
Today, Analysts Review released its analysts' notes regarding Time Warner Cable Inc. (NYSE: TWC), CBS Corporation (NYSE: CBS), United Parcel Service, Inc. (NYSE: UPS), Wynn Resorts Ltd. (NASDAQ: WYNN) and American Airlines Group Inc. (NASDAQ: AAL). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/2560-100free.
In Spite of Fears, Macau Casinos Keep Firing on All Cylinders
Andrés Cardenal, The Motley Fool - Motley Fool - Thu May 15, 3:10PM CDT
LVS data by YCharts . Economic volatility in China and uncertainty over regulatory changes that could hurt credit availability for gamblers in Macau are weighing on major casino operators such as Las Vegas Sands , Wynn Resorts , and Melco...
Do You Need Another Reason to Bet on Las Vegas Sands? Here Are Two
Bradley Seth, McNew, The Motley Fool - Motley Fool - Tue May 13, 3:46PM CDT
Sands CEO Sheldon Adelson is leading the company across Asia, to the benefit of its shareholders. Photo: Bloomberg Las Vegas Sands reported industry-leading earnings the other week with first-quarter 2014 revenue of a record $4.01 billion, up...
Hotels, Restaurants and Leisure Stocks in Motion -- Research on Wynn Resorts, Boyd Gaming, Penn National Gaming, and Pinnacle Entertainment
PR Newswire - Tue May 13, 12:00PM CDT
The trading session on Monday, May 12, 2014 ended on a higher note as the Dow Jones Industrial Average finished at 16,695.47, up 0.68% and the NASDAQ Composite closed at 4,143.86, up 1.77%. The S&P 500 finished the day 0.97% higher at 1,896.65. The gains were broad based as eight out of ten sectors finished on a higher note. The S&P 500 Consumer Discretionary Sector Index ended the day 1.26% higher at 512.36, and the index has gained 3.81% in the previous one month. Investor-Edge has initiated coverage on the following equities: Wynn Resorts Ltd (NASDAQ: WYNN), Boyd Gaming Corp. (NYSE: BYD), Penn National Gaming Inc. (NASDAQ: PENN) and Pinnacle Entertainment Inc. (NYSE: PNK). Free technical research on WYNN, BYD, PENN and PNK can be downloaded upon signing up at: