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Stock Market & Financial Investment News

News Breaks
October 4, 2012
07:13 EDTWYNN, CZR, LVSMacau gambling revenue declined in September, Reuters reports
Gambling revenue in Macau increased a weaker-than-expected 12.3% in September to $2.99B, according to the Macau government, the second weakest revenue figure this year, reports Reuters. Reference Link
News For CZR;WYNN;LVS From The Last 14 Days
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July 2, 2015
12:11 EDTWYNN, LVSJPMorgan says Macau view largely unchanged after visa news, June numbers
JPMorgan views Macau's gaming revenue for June as modestly positive given that it was down less than the prior month and better than Street expectations. The firm also said the visa policy easing news was a surprising, but welcome, development, but that its view on the Macau names was largely unchanged following the news.
11:16 EDTWYNN, LVSUBS 'constructive' on Macau names after restrictions eased
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08:29 EDTWYNN, LVSUBS shifts from cautious stance on Macau gaming after policy change
UBS said it is taking a more constructive stance on of Macau gaming names sector as it believes the recent visa policy change lowers fears on further local tightening. The firm also cited the lowered risk of large scale downgrades in the sector and valuations that support the sector, though it noted that larger upside depends on an earnings upgrade cycle. UBS said it is unattractive to take a negative sector position given the backdrop. Publicly traded companies in the Macau gaming space include Las Vegas Sands (LVS), MGM Resorts (MGM), Melco Crown (MPEL) and Wynn Resorts (WYNN).
July 1, 2015
10:05 EDTLVSLas Vegas Sands breaks out, levels to watch
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08:10 EDTCZRCaesar's appoints Mark Frissora as President and CEO
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06:48 EDTWYNN, LVSMacau reports June casino revenue down 36.2% to 17.36B patacas
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June 30, 2015
15:17 EDTLVS, WYNNMacau visa change does not signal a change in policy, says Wells Fargo
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12:50 EDTLVS, WYNNMacau transit visa rules reversed, signal end of tightening, says BofA/Merrill
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12:44 EDTWYNN, LVSMacau appears to re-lengthen visas to 7 days, says Brean Capital
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09:35 EDTWYNNActive equity options trading on open
Active equity options trading on open: AAPL FB GILD BABA BAC MU WYNN MSFT NFLX
06:47 EDTCZRCaesar’s CEO Loveman: I faced ‘every imaginable human catastrophe,’ WSJ says
Caesar's CEO Gary Loveman defended his tenure with the company after its leveraged buyout in January 2012, saying that he faced “every imaginable human catastrophe” while on the job, including “floods, hurricanes, building collapses, murders,” the Wall Street Journal reports. “This job has made me numb,” Loveman said at a speech at Stanford University in 2012, the report says. Reference Link
June 26, 2015
09:32 EDTWYNN, LVS, CZRNevada reports May Statewide gaming win up 3.33% to $1.0B
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