Why Gilead Sciences, Inc., Wynn Resorts Ltd., and Boston Scientific Corporation Are Today's 3 Worst
John Divine, The Motley Fool - Motley Fool - Mon Jun 09, 6:43PM CDT
In the absence of any major economic data, the stock market continued to gain ground today, with the S&P 500 Index even ending at an all-time high. Three stocks, however, finished as standout laggards: Gilead Sciences , Wynn Resorts , and ...
Macau casino stocks fall again
at Investor's Business Daily - Mon Jun 09, 5:39PM CDT
At least 5 reports from Deutsche Bank, Morgan Stanley and others pointed to near-term Macau weakness, where Las Vegas Sands (LVS), MGM Resorts (MGM), Wynn (WYNN) and others have multibillion-dollar casinos. Gamblers are shying away from the globe's...
Wynn, Other Casinos Fall Again On Macau Growth Woes
at Investor's Business Daily - Mon Jun 09, 5:03PM CDT
Shares of Wynn Resorts (WYNN) and other top casinos fell for a third straight session amid conflicting reports Monday about gambling hotspot Macau. SSome analysts had earlier forecast a short-term decline in Macau after the government cracked down on...
Look for Shares of Wynn Resorts to Potentially Rebound after Yesterday's 2.89% Sell Off
Comtex SmarTrend(R) - Mon Jun 09, 3:46PM CDT
Wynn Resorts (NASDAQ:WYNN) traded in a range yesterday that spanned from a low of $195.80 to a high of $201.49. Yesterday, the shares fell 2.9%, which took the trading range below the 3-day low of $204.07 on volume of 2.4 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
After Yesterday's Decline of 2.89%, Wynn Resorts Offers Investors Better Value
Comtex SmarTrend(R) - Mon Jun 09, 3:45PM CDT
Wynn Resorts (NASDAQ:WYNN) traded in a range yesterday that spanned from a low of $195.80 to a high of $201.49. Yesterday, the shares fell 2.9%, which took the trading range below the 3-day low of $204.07 on volume of 2.4 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
Gambling Stock Roundup: Wynn, MGM Resorts Tumble on Macau Data and Cautious Outlook - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Jun 09, 3:33PM CDT
Share prices of Wynn, MGM Resorts Tumbled on weak Macau data and cautious outlook.
Hillshire and Apple are big market movers
AP - Mon Jun 09, 3:26PM CDT
NEW YORK (AP) — Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:
Macau's Hot Streak May Not Be Over, but It's Taking a Break
Travis Hoium, The Motley Fool - Motley Fool - Mon Jun 09, 3:06PM CDT
Gaming stocks have ridden Macau's incredible growth to outstanding returns since the recession in 2009. At that time, Las Vegas Sands was on the brink of bankruptcy, Wynn Resorts had to release an initial public offering of its Macau operations...
Why Wynn Resorts (WYNN) Stock Is Falling Today
at The Street - Mon Jun 09, 2:32PM CDT
Wynn Resorts (WYNN) is down following reports of disappointing early June revenue numbers from Macau.
Stocks Hold Modest Gains; Anika Clears Late-Stage Base
at Investor's Business Daily - Mon Jun 09, 12:29PM CDT
Tech stocks were in the driver's seat again Monday as all three major averages kicked off the week on positive ground. The Nasdaq gained 0.5% in early afternoon trade; the S&P 500 added 0.2% and the Dow Jones industrial average rose 0.1%. Volume on...
Why Las Vegas Sands (LVS) Stock Is Down Today
at The Street - Mon Jun 09, 11:53AM CDT
Las Vegas Sands (LVS) stock is declining following a report stating that June revenue growth in Macau did not meet Wells Fargo (WFC) analyst expectations
Indexes Extend Gains; Casino Stocks Lose Ground
at Investor's Business Daily - Mon Jun 09, 11:15AM CDT
The major averages were on track to close at or near record highs as stocks extended their gains in early-afternoon trade. The Nasdaq led with a 0.5% advance, while the S&P 500 and Dow industrials each rose 0.2%. Volume was trending slightly higher...
Updates on Hotels Restaurants and Leisure Equities -- Research on Melco Crown Entertainment, Wynn Resorts, Pinnacle Entertainment, and Boyd Gaming
PR Newswire - Fri Jun 06, 7:20AM CDT
The US markets on Thursday, June 5, 2014 ended on a positive note as the Dow Jones Industrial Average finished at 16,836.11, up 0.59% and the NASDAQ Composite closed at 4,296.23, up 1.05%. The S&P 500 finished the session 0.65% higher at 1,940.46. During the trading session, all the ten sectors finished on a higher note. The S&P 500 Consumer Discretionary Sector Index ended the day at 526.43, up 0.68%, with the index advancing 3.28% in the last one month. Investor-Edge has initiated coverage on the following equities: Melco Crown Entertainment Ltd (NASDAQ: MPEL), Wynn Resorts Ltd (NASDAQ: WYNN), Pinnacle Entertainment Inc. (NYSE: PNK) and Boyd Gaming Corp. (NYSE: BYD). Free technical research on MPEL, WYNN, PNK and BYD can be downloaded upon signing up at:
Should You Bet on Las Vegas Sands or Wynn in Japan?
Bradley Seth, McNew, The Motley Fool - Motley Fool - Thu Jun 05, 11:33AM CDT
For the last few years, investors have been excitedly hearing snippets of the possibility of Japan legalizing gaming. The country currently forbids gambling, and thus the construction of casinos by companies like Las Vegas Sands and Wynn Resorts ...
Casino Stocks Down on Disappointing Macau Data - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Jun 05, 9:00AM CDT
Share prices of Wynn Resorts Ltd. (WYNN), Las Vegas Sands Corp. (LVS) declined during the trading session on Jun 3, as May Macau gaming revenues were lower than expected.
Will Troubles in Macau Spoil Gaming ETF Investments? - ETF News And Commentary
Zacks Equity Research - Zacks Investment Research - Wed Jun 04, 1:00PM CDT
With worries over Macau building should investors be concerned about the gaming ETFs?
Don't Overlook This Highlight in Boyd Gaming's Otherwise Grim Outlook
Bradley Seth, McNew, The Motley Fool - Motley Fool - Wed Jun 04, 12:58PM CDT
Though locally known and loved, casinos like this struggle as Americans are less willing to part with their hard earned income following the financial crisis of 2008. Photo: Boyd Gaming Corp. Even though revenue for the Las Vegas strip was up 3.19%...
'Fast Money' Recap: Driving With the Automakers
at The Street - Wed Jun 04, 4:00AM CDT
The trading panel discussed U.S. auto sales, Fannie Mae and whether MySpace is still relevant.