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Stock Market & Financial Investment News

News Breaks
April 1, 2014
10:52 EDTMPEL, LVS, WYNN, MGMCasinos climb after Macau revenue jumps 13% in March
Companies that operate casinos in Macau are climbing after the Chinese city reported that revenue at its casinos surged 13% in March. WHAT'S NEW: Macau reported on its website earlier today that monthly gross revenue at its casinos jumped 13% last month compared to last year. Companies with casinos in Macau include Las Vegas Sands (LVS), MGM Resorts (MGM), Wynn Resorts (WYNN) and Melco Crown (MPEL). PRICE ACTION: In mid-morning trading, Las Vegas Sands rose 2.7% to $83, MGM gained 2.6% to $26.50, Wynn climbed 3% to $229, and Melco Crown surged 5% to $40.65.
News For LVS;MGM;WYNN;MPEL From The Last 14 Days
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December 1, 2015
12:31 EDTWYNNOptions with increasing volume
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07:03 EDTWYNN, MPEL, MGM, LVSMacau reports November casino revenue down 32% to 16.4B patacas
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November 30, 2015
09:40 EDTMGM, LVS, WYNNNevada reports October statewide gaming win down 2.85% to $887.58M
Reports October Las Vegas Strip gaming win down 5.12% to $493.63M. Publicly traded companies in the space include Boyd Gaming (BYD), Caesars (CZR), Las Vegas Sands (LVS), MGM Resorts (MGM), Penn National (PENN) and Wynn Resorts (WYNN).
November 24, 2015
16:40 EDTLVSCfA retracts certain statements regarding Sheldon Adelson
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09:01 EDTMGMEldorado Resources completes purchase of MGM's 50% interest in Silver Legacy
Eldorado Resorts (ERI) said it has completed the previously announced purchase of MGM Resorts International's (MGM) 50 percent interest in the Silver Legacy Resort Casino Reno, as well as the assets of Circus Circus Reno, for total consideration of $72.5 million cash plus a working capital adjustment. In addition, ERI repaid the entire outstanding balance of the Silver Legacy credit facility, which amounted to approximately $52.6 million on a net debt basis. The transaction was financed with cash on hand, cash from the escrow account established at the time of the Company's July financings and borrowings under the Company's revolving credit facility. As a result, Eldorado has withdrawn its registration statement relating to a proposed common stock offering, the proceeds of which were intended to pay a portion of the purchase price for the Circus Circus Reno and 50% interest in the Silver Legacy joint venture. The transaction increases Eldorado's property portfolio to seven wholly-owned and operated facilities in five markets with a total of approximately 10,230 slot machines and VLTs, approximately 300 table games, approximately 4,850 hotel rooms, approximately 35 dining, bar and entertainment options, three pari-mutuel racing facilities and approximately 8,000 team members.
07:58 EDTMGMMGM Resorts Q4 Las Vegas trends look positive, says Wells Fargo
Wells Fargo says that MGM's Las Vegas business looks set to grow 10% in Q4, in-line with the company's 8% RevPAR growth guidance.
November 20, 2015
12:19 EDTWYNNStocks with call strike movement; WYNN GMCR
Wynn Resorts (WYNN) February 70 call option implied volatility decreased 2% to 55, Keurig Green Mountain (GMCR) March 55 call option implied volatility decreased 2% to 54 according to iVolatility.
November 18, 2015
13:05 EDTMGM, WYNN, LVSLas Vegas Sands, MGM slip after Wynn reports opening delay for Macau casino
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13:00 EDTWYNNWynn drops 4% after delaying opening of Macau casino
12:49 EDTWYNNWynn Resorts says Wynn Palace now expected to open June 25, 2016
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