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Stock Market & Financial Investment News

News Breaks
January 8, 2014
07:52 EDTMGM, MPEL, WYNN, LVSGaming estimates, price targets raised at JPMorgan
JPMorgan raised its earnings estimates for companies in the Gaming space citing better than previously forecasted growth for Macau in 2014. The firm raised its price target for Las Vegas Sands (LVS) to $89 from $80, for Melco Crown (MPEL) to $50 from $40, for MGM Resorts (MGM) to $29 from $26, and for Wynn Resorts (WYNN) to $229 from $186. The firm calls MGM and Las Vegas Sands its top picks in the space and keeps Overweight ratings on all four names.
News For LVS;MPEL;MGM;WYNN 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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