New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
May 12, 2014
04:55 EDTIGT, IGT, IGT, MGM, MGM, MGM, MNTG, MNTG, MNTG, MCRI, MCRI, MCRI, GLPI, GLPI, GLPI, SGMS, SGMS, SGMS, BYI, BYI, BYI, PENN, PENN, PENN, BYD, BYD, BYD, CHDN, CHDN, CHDN, PNK, PNK, PNK, ISLE, ISLE, ISLEWells Fargo to hold a conference
5th Annual Wells Fargo Gaming Conference to be held in Las Vegas on May 12-14.
News For IGT;PNK;CHDN;BYD;PENN;BYI;SGMS;GLPI;MCRI;MNTG;MGM;ISLE From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
March 3, 2015
06:44 EDTMGMMacau gambling revenue fell 49% in February, NY Times reports
Subscribe for More Information
06:43 EDTMGMMacau reports February casino revenue down 48.6% to 19.54B patacas
Subscribe for More Information
March 2, 2015
17:28 EDTSGMSScientific Games signs contract with ALC to provide lottery game system
Scientific Games Corporation announced it has signed a contract with the Atlantic Lottery Corporation, ALC, to provide a lottery gaming system and internet-based iLottery gaming system. The company is responsible for developing and implementing its AEGIS NGS lottery gaming system and Sciplay iLottery system for ALC, as well as providing ongoing operational monitoring and maintenance support beginning in mid-2017. Implementation is expected to begin this month, with conversion to the new system in 2016. The five-year contract, awarded by ALC after a competitive procurement process, includes extension opportunities up to 15 years, for a total of 20 years. The contract extends Scientific Games' gaming technology service presence to 70% of the provinces and all three territories in Canada.
February 27, 2015
09:35 EDTPENN, BYD, MGMNevada reports January statewide gaming win up 7.75% to $952.7M
Subscribe for More Information
February 26, 2015
10:00 EDTISLEOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: ASUR Airports (ASR) upgraded to Sector Perform from Underperform at Scotia Capital... AcelRx (ACRX) upgraded to Buy from Neutral at Mizuho... AllianceBernstein (AB) upgraded to Buy from Neutral at BofA/Merrill... American Express (AXP) upgraded to Buy from Hold at Deutsche Bank... Argus upgraded Sonoco (SON) on multiple positive catalysts... Columbia Property (CXP) upgraded to Neutral from Sell at Goldman... Deutsche sees American Express (AXP) as undervalued, upgrades to Buy... Eldorado Gold (EGO) upgraded to Neutral from Sell at Goldman... Genesee & Wyoming (GWR) upgraded to Buy from Neutral at BofA/Merrill... Gruma (GMK) upgraded to Overweight from Equal Weight at Barclays... Isle of Capri (ISLE) upgraded to Outperform from Neutral at Macquarie... JAKKS Pacific (JAKK) upgraded at B. Riley... QTS Realty Trust (QTS) upgraded to Buy from Hold at Deutsche Bank... Sonoco (SON) upgraded to Buy from Hold at Argus... T-Mobile (TMUS) upgraded to Buy from Neutral at Citigroup... Vulcan Materials (VMC) upgraded at RBC Capital.
08:29 EDTMGMDeutsche cuts 2015 Macau growth forecast to down 21.4%
Deutsche Bank lowered its 2015 Macau gross gaming revenue forecast to down 21.4% from down 8.4% saying the demand issues will not be solved by expanding capacity. The firm's confidence in a Macau turnaround remains "muted," but it continues to view shares of MGM Resorts (MGM) as "meaningfully undervalued." It views Buy-rated Wynn Resorts (WYNN) as better suited for longer term investors at this stage, and lowered its price target for the stock to $170 from $176. Deutsche also cut its price target for Hold-rated Las Vegas Sands (LVS) to $49 from $53.
06:35 EDTISLEIsle of Capri upgraded to Outperform from Neutral at Macquarie
Macquarie upgraded Isle of Capri to Outperform following the better the "impressive" Q4 report. The firm said Isle of Capri's changes in operational focus, corporate realignment, and property capex have resulted in solid revenue growth and improved satisfaction gains. Price target raised to $15 from $10.
February 25, 2015
16:40 EDTCHDNChurchill Downs reports Q4 EPS (81c), consensus (5c)
Subscribe for More Information
16:22 EDTMCRIMonarch Casino reports Q4 EPS 22c, consensus 14c
Reports Q4 revenue $45.9M, consensus $44.6M.
09:36 EDTMGMActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL HPQ PBR FSLR MRVL TSLA LVS ABX TWTR MGM
08:34 EDTISLEIsle of Capri reports Q4 adjusted EPS 13c, consensus 0c
Reports Q4 revenue $241.06M, consensus $232.75M
February 24, 2015
09:52 EDTMGMMacau to review mainland’s individual visit scheme, Macau Business Daily says
Subscribe for More Information
07:30 EDTPENNJPMorgan to hold a conference
Global High Yield & Leveraged Finance Conference is being held in Miami Beach, FL on February 23-25 with webcasted company presentations to begin on February 24 at 7:40 am; not all company presentations may be webcasted. Webcast Link
February 23, 2015
09:59 EDTPENNOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
07:08 EDTPENNPenn National upgraded at BofA/Merrill
As previously reported, BofA/Merrill upgraded Penn National to Buy from Neutral. The firm views Penn National as the regional stock to own for a segment recovery and notes January 2015 gross gaming revenues had the biggest increase since 2006 and February is tracking strong. This, and improving low end consumer commentary at other operators and easy comps, makes risk-reward more favorable. Price target raised to $20 from $17.
07:03 EDTBYI, SGMSScientific Games wins dismissal of patent infringement lawsuit
Subscribe for More Information
06:22 EDTPENNPenn National upgraded to Buy from Neutral at BofA/Merrill
Subscribe for More Information
February 20, 2015
10:30 EDTBYDOptions with decreasing implied volatility
Subscribe for More Information
February 18, 2015
09:55 EDTMGMMGM Resorts likelihood of REIT restructuring low, says Sterne Agee
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use