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Stock Market & Financial Investment News

News Breaks
April 1, 2014
10:52 EDTWYNN, MGM, MPEL, LVSCasinos 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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August 28, 2015
09:34 EDTWYNN, MGM, LVSNevada reports July statewide gaming win down 0.96% to $922.89M
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August 27, 2015
06:03 EDTWYNNWynn Resorts implied volatility of 63 at upper end of index
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August 21, 2015
16:01 EDTLVSOptions Update; August 21, 2015
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07:17 EDTWYNN, MPEL, LVS, MGMMacau developments negative, says Wells Fargo
Wells Fargo says that its checks on Macau for August indicate that the region's revenues are trending flat to down this month. According to Wells, in August the region's revenues are historically up 4% versus July. The firm adds that comments by Macau casino owner Galaxy suggest that the market has not yet bottomed. Wells believes that the market has not yet stabilized and remains neutral on Macau stocks, although it remains upbeat on their long-term outlook. Publicly traded companies in the Macau gaming space include Las Vegas Sands (LVS), MGM Resorts (MGM), Melco Crown (MPEL) and Wynn Resorts (WYNN).
August 18, 2015
07:13 EDTMPEL, WYNN, MGM, LVSMacau GGR poised to sink 37% in August, says Bernstein
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