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Stock Market & Financial Investment News

News Breaks
June 6, 2014
08:26 EDTLVS, MGM, WYNNMacau operators still have positive catalysts, says Wells Fargo
Wells Fargo believes that the growth of the Macau VIP market has decelerated, but the firm still expects Macau casino operators to benefit from strong mass trends and profitability. The firm expects Q2 Macau estimates for Las Vegas Sands (LVS), Wynn Resorts (WYNN) and MGM Resorts (MGM) to be revised slightly lower, but Wells does not see any downside risk to 2014 estimates. It keeps Outperform ratings on Las Vegas Sands, Melco Crown, and MGM Resorts. It keeps a Market Perform rating on MGM Resorts.
News For LVS;WYNN;MGM From The Last 14 Days
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July 1, 2015
10:05 EDTLVSLas Vegas Sands breaks out, levels to watch
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06:48 EDTWYNN, MGM, LVSMacau reports June casino revenue down 36.2% to 17.36B patacas
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June 30, 2015
15:17 EDTLVS, WYNN, MGMMacau visa change does not signal a change in policy, says Wells Fargo
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12:50 EDTLVS, WYNN, MGMMacau transit visa rules reversed, signal end of tightening, says BofA/Merrill
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12:44 EDTWYNN, MGM, LVSMacau appears to re-lengthen visas to 7 days, says Brean Capital
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09:35 EDTWYNNActive equity options trading on open
Active equity options trading on open: AAPL FB GILD BABA BAC MU WYNN MSFT NFLX
June 26, 2015
09:32 EDTWYNN, MGM, LVSNevada reports May Statewide gaming win up 3.33% to $1.0B
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June 19, 2015
07:38 EDTWYNN, MGM, LVSMacau official says monthly revenue could hit four year low, says Wells Fargo
Wells Fargo reports that a Macau official said that the region's gaming revenue may hit the lowest level in over four years this month. The official said that the region's June gambling revenue could be more than 20% below the average for the first five months of this year, the firm added. Wells says that Macau's gaming industry remains challenged, and it remains neutral on the sector. Publicly traded companies in the space include Las Vegas Sands (LVS), MGM Resorts (MGM), Wynn Resorts (WYNN), and Melco Crown (MPEL).
June 17, 2015
05:59 EDTMGMStocks with implied volatility movement; MGM CBI
Stocks with implied volatility movement; MGM Resorts (MGM) 35, Chicago Bridge & Iron (CBI) 47 according to iVolatility.

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