New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 6, 2013
09:58 EDTLVS, MPEL, WYNNCasino stocks fall on Macau worries
Several stocks of casino owners with facilities in Macau are dropping, after The U.K. Times reported earlier this week that China will "crack down" on Chinese companies that bring wealthy people to the gambling mecca. China is looking to stem the money laundering that occurs in Macau, and the changes will start in late February, the newspaper reported. In a note to investors earlier today, however, Sterne Agee analyst David Bain wrote that the Chinese government's initiative is unlikely to have a long-term impact on stocks. After speaking with sources on the region, Bain wrote that his contacts expect the government's moves to be "almost symbolic." The crackdown will only affect visits to Macau by wealthy Chinese citizens "on the margins," the analysts quotes his sources as saying. China is unlikely to launch major enforcement actions against money laundering, since doing so could destabilize the country's economy, wrote Bain. In early trading, Las Vegas Sands (LVS) fell 2% to $53.57, Wynn (WYNN) gave back 3% to $122, and Melco Crown (MPEL) tumbled 4.5% to $19.70.
News For LVS;WYNN;MPEL From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
May 22, 2015
06:03 EDTWYNNStocks with implied volatility below IV index mean; OCR WYNN
Stocks with implied volatility below IV index mean; Omnicare (OCR) 7, Wynn Resorts (WYNN) 30 according to iVolatility.
May 20, 2015
08:37 EDTWYNNMorgan Stanley to hold a conference
Subscribe for More Information
May 18, 2015
15:23 EDTWYNNWynn Resorts management to meet with JPMorgan
Meeting to be held in New York on May 21 hosted by JPMorgan.
10:01 EDTLVSOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
07:40 EDTLVSLas Vegas Sands downgraded to Neutral from Buy at Goldman
Subscribe for More Information
May 15, 2015
10:01 EDTWYNNOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
05:43 EDTLVS, WYNNWynn Resorts downgraded to Equal Weight from Overweight at Barclays
Subscribe for More Information
May 13, 2015
09:35 EDTLVSLas Vegas Sands' Q1 revenues tracking slightly below Street, says ITG Research
ITG Research said Las Vegas Sands' Q1 net revenues are tracking in the range of $2.95B-$3B, below consensus of $3.03B.

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