New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 6, 2014
10:15 EDTLVS, WYNN, MPEL, MGMMacau casino operators decline after analysts cautious on growth
Shares of Macau casino operators are falling after two research firms issued cautious notes about the outlook for gambling in the Chinese region. WHAT'S NEW: Growth in Macau has decelerated and concerns about the outlook for gambling there is building, FBR Capital analyst Jake Fuller wrote in a note to investors earlier today. China's crackdown on illegal money transfers, the potential for tighter restrictions on visas for the region and a smoking ban are among the issues worrying investors, the analyst indicated. He now expects the Macau casino market to grow at a rate of about 10% in the second quarter, below the consensus outlook. As a result, Fuller believes that analysts' estimates for Las Vegas Sands (LVS) and Wynn Resorts (WYNN) could come under pressure, with estimates for MGM Resorts (MGM) being pressured to a lesser extent. He kept Market Perform ratings on Las Vegas Sands and Wynn Resorts and an Outperform rating on MGM. Somewhat cautious but more upbeat than Fuller was Wells Fargo. Although the growth of VIPs visiting the province has slowed, the Macau casino operators there should still benefit from strong mass trends and profitability, the firm stated in a note to investors earlier today. The firm lowered its 2014 revenue growth outlook for Macau to 11% from 13%, but does not anticipate that 2014 results will miss expectations. Moreover, the firm remains upbeat on Macau's outlook over the medium to longer term. It kept Outperform ratings on Las Vegas Sands, Melco Crown (MPEL), and Wynn Resorts. It kept a Market Perform rating on MGM Resorts. PRICE ACTION: In early trading, Las Vegas Sands dropped 0.7% to $74.60, MGM fell 0.75% to $25.25, Wynn slipped 0.2% to $205.54 and Melco Crown gave back 2.3% to $32.70.
News For LVS;WYNN;MPEL;MGM From The Last 14 Days
Check below for free stories on LVS;WYNN;MPEL;MGM the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
July 29, 2014
15:53 EDTWYNNNotable companies reporting after market close
Subscribe for More Information
09:52 EDTWYNNActive equity options trading on open
Subscribe for More Information
07:52 EDTWYNNWynn Resorts reports Q2 Macau Operations net revenue $960.6M
Subscribe for More Information
07:51 EDTWYNNWynn resorts Las Vegas Operations Q2 net revenues $451.4M
07:49 EDTWYNNWynn Resorts reports Q2 adjusted EPS $2.11, consensus $1.95
Reports Q2 net revenue $1.41B, consensus $1.43B.
July 28, 2014
13:12 EDTWYNNWynn Resorts technical comments before results
In the past three months shares have performed in line with broader averages. The trading range has been well-defined with it largely contained between a low at $200 and a high at $220. At the current price of $210.09, the stock is in the middle of that range. The trading range bounds will be important presuming that there is sufficiently strong news, positive or negative, to move through them. It is possible that more or less neutral results and guidance will keep the current range intact. If news is better than expected, a move above $220 could be expected. Resistance above is at $227.46 and $229.65. On weaker results and guidance, a move below $200 could be expected. Such a move would call the long-term uptrend into question and would be bearish for future price. Support below $200 would be at $193.64 and then at $191.83.
July 25, 2014
09:32 EDTLVS, MGM, WYNNNevada reports June statewide gaming win up 14.4% to $906.9M
Subscribe for More Information
July 24, 2014
10:43 EDTWYNNWynn Resorts August weekly volatility increases into Q2 and Macau outlook
Subscribe for More Information
July 21, 2014
05:54 EDTMPELStocks with implied volatility movement; MPEL MCP
Subscribe for More Information
July 18, 2014
12:59 EDTMPELMelco Crown July weekly & August calls active
Subscribe for More Information
July 17, 2014
09:40 EDTLVSActive equity options trading on open
Subscribe for More Information
July 16, 2014
18:26 EDTLVSOn The Fly: After Hours Movers
Subscribe for More Information
16:08 EDTLVSLas Vegas Sands down 2.9% after reporting weaker than expected Q2 results
Subscribe for More Information
16:02 EDTLVSLas Vegas Sands reports Q2 adjusted EPS 85c, consensus 90c
Subscribe for More Information
15:27 EDTLVSNotable companies reporting after market close
Subscribe for More Information
13:16 EDTLVSLas Vegas Sands July 75 straddle priced for 3.4% move into Q2
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use