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Stock Market & Financial Investment News

News Breaks
December 12, 2012
07:33 EDTMGM, ISLE, BYI, AERL, WYNN, MGAM, IGT, BYD, CHDN, PENN, LVS, CZR, ASCAWells Fargo to host a forum
2012 Gaming Forum is being held in Boston on December 12.
News For CHDN;AERL;ASCA;BYD;BYI;CZR;IGT;ISLE;LVS;MGAM;MGM;PENN;WYNN From The Last 14 Days
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January 22, 2015
09:43 EDTLVSActive equity options trading
Active equity options trading according to Track Data: AAPL DG ABX AMZN FXCM LVS FFIV INFI SD
08:17 EDTWYNNWynn Resorts initiated with a Buy at Union Gaming Research
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08:17 EDTMGMMGM Resorts initiated with a Buy at Union Gaming Research
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08:17 EDTLVSLas Vegas Sands initiated with a Buy at Union Gaming Research
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January 21, 2015
10:01 EDTWYNN, LVSOn The Fly: Analyst Downgrade Summary
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07:55 EDTLVSLas Vegas Sands downgraded to Neutral from Buy at Nomura
Nomura downgraded Las Vegas Sands to Neutral to reflect lower Macau EBITDA forecasts following Beijing's tightening and enforcing of travel and capital flow regulations. The Price target lowered to $54 from $70.
07:55 EDTWYNNWynn Resorts downgraded to Neutral from Buy at Nomura
Nomura downgraded Wynn Resorts to Neutral to reflect lower Macau EBITDA forecasts following Beijing's tightening and enforcing of travel and capital flow regulations. The Price target lowered to $149 from $209.
07:19 EDTPENNPenn National long trade in 'early innings,' says Deutsche Bank
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January 20, 2015
17:24 EDTWYNNWynn Resorts decreases base salary of CEO Stephen Wynn
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16:00 EDTMGMOptions Update; January 20, 2015
iPath S&P 500 VIX Short-Term Futures down 36c to 35.12 Option volume leaders: AAPL TSLA TWTR GILD NFLX MGM ABX AMAT JNJ C according to Track Data.
January 18, 2015
16:07 EDTWYNN, LVS, MGMMacau junket operator reduces operations, Bloomberg says
As China’s anti-graft drive reduces customer traffic in Macau, David Group, a junket operator that serves higher-spending casino customers, is closing some rooms in the city, says Bloomberg. Publicly traded companies in the space include Las Vegas Sands (LVS), MGM Resorts (MGM), Wynn Resorts (WYNN) and Melco Crown (MPEL). Reference Link
January 16, 2015
10:27 EDTIGTOptions with increasing implied volatility
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06:18 EDTLVSSands China CEO Edward Tracy to retire, effective March 6
he board of directors of Sands China Ltd. announces the retirement of Edward Matthew Tracy as President and CEO of the company, a director of the company, a member of the Sands China Capital Expenditure Committee, and a director of various subsidiaries of the company, in each case, with effect from March 6. Tracy has decided to retire. He will be engaged by the company as a consultant from March 7. Tracy will continue to work with the senior management team during the transition and consultancy. Tracy has confirmed that he has no disagreement with the Board, and there are no matters that need to be brought to the attention of the shareholders of the company in respect of his retirement. It is proposed that the Nomination Committee of the Board will meet on January 23 and, in accordance with its terms of reference, consider candidates and make recommendations to the Board on the appointment of a new CEO.
January 15, 2015
13:01 EDTCZRCaesars unit bankruptcy stayed by Delaware bankruptcy judge, Reuters says
The bankruptcy filing for a Caesars Entertainment unit was issued a stay by a judge in Delaware, Reuters reports. The judge, who says the stay applies only to the company's operating unit, noted that the stay won't bar Caesars from seeking interim "first-day" orders, Reuters reports. Reference Link
08:15 EDTCZRApollo may have hard time with Caesar's 'fairness' test, Bloomberg says
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06:21 EDTCZRGoldman Sachs helped Apollo in Caesar's restructuring deal, NY Post reports
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05:32 EDTCZRCaesar's appoints Randall Eisenberg as Chief Restructuring Officer of CEOC
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05:31 EDTCZRCaesar's CEOC reports terms of restructuring
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05:28 EDTCZRCaesar's CEOC files for voluntary reorganization under Chapter 11 Bankruptcy
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05:26 EDTCZRCaesar's CEOC files for voluntary reorganization under Chapter 11 Bankruptcy
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