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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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November 26, 2014
09:35 EDTWYNN, LVS, MGMNevada reports October statewide gaming win down 4.26% to $913.64M
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November 21, 2014
09:36 EDTLVSActive equity options trading
Active equity options trading according to Track Data: AAPL AMZN TSLA BIDU CLF DOW LVS BABA TWTR GILD
05:41 EDTWYNNStocks with implied volatility movement; ARCP WYNN
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November 20, 2014
14:54 EDTWYNN, LVSWynn Resorts probed by several agencies on money laundering controls, WSJ says
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14:42 EDTWYNNWynn Resorts probed by IRS over money-laundering controls, DJ says
Dow Jones cites sources on Wynn being probed and notes that the company said it is not aware of any investigation.
November 18, 2014
07:29 EDTMGM, LVSDeutsche Bank to hold a conference
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November 14, 2014
17:13 EDTMGMAppaloosa gives quarterly update on stakes
NEW STAKES: NXP Semiconductors (NXPI), Lorillard (LO), Alibaba (BABA), and Shire (SHPG). INCREASED STAKES: Whirlpool (WHR), Priceline (PCLN), Delta (DAL), CBS (CBS), and General Motors (GM). DECREASED STAKES: American Airlines (AAL), Disney (DIS), Apple (AAPL), MGM Resorts (MGM), and Eastman Chemical (EMN). LIQUIDATED STAKES: Expedia (EXPE), AIG (AIG), Prudential (PRU), Celanese (CE), and ASML Holding (ASML).
12:53 EDTMPELOmega Advisors gives quarterly update on stakes
NEW STAKES: AerCap Holdings (AER), Nordic American Offshore (NAO), Melco Crown Entertainment (MPEL), Groupon (GRPN), and Ashland (ASH). INCREASED STAKES: QEP Resources (QEP), United Continental (UAL), Cabot Oil & Gas (COG), Actavis (ACT), and KAR Auction Services (KAR). DECREASED STAKES: Sprint (S), SandRidge Energy (SD), Sirius XM Holdings (SIRI), Kinder Morgan (KMI), and Transocean (RIG). LIQUIDATED STAKES: QUALCOMM (QCOM), Ocwen Financial (OCN), Freeport-McMoRan (FCX), Boston Scientific (BSX), and Capital One (COF).
November 13, 2014
14:05 EDTLVS, WYNN, MGMNew Jersey reports Atlantic City gaming win down 4.4% to $207.23M
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08:56 EDTWYNN, MGM, MPEL, LVSMacau to ask for eased restrictions on RMB conversion, Macau Business Daily says
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