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Stock Market & Financial Investment News

News Breaks
June 24, 2014
11:03 EDTMGM, CZR, WYNNMassachusetts allows ballot measure on casino-law reverse, WSJ says
The Massachusetts Supreme Judicial Court is allowing a ballot measure this fall that will allow a vote on whether to overturn a state gambling law that allows up to three resort-style casinos and one slots-only parlor. Publicly traded companies in the space include MGM Resorts International (MGM),Caesars Entertainment Corporation (CZR), and Wynn Resorts Ltd. (WYNN). Reference Link
News For MGM;CZR;WYNN From The Last 14 Days
Check below for free stories on MGM;CZR;WYNN the last two weeks.
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August 26, 2014
07:26 EDTWYNN, MGMMacau estimates lowered at Morgan Stanle
Morgan Stanley lowered Macau 2014 growth estimates to 6% from 12% and 2015 to 11% from 12.5% due to expectations for VIP trends to continue to deteriorate given the China macro impact and notes slowing mass growth rates.
August 21, 2014
06:54 EDTWYNNWynn unit to spend $20M on Macau casinos design work, Macau Business says
Wynn Resorts' Wynn Macau unit is slated to spend $20.13M this year on design work for its casinos, Macau Business reports. This figure is double the amount the company originally planned. Reference Link
August 15, 2014
08:09 EDTCZRCaesar's bondholders see more bankruptcies if loyalty split okayed, NY Post says
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August 14, 2014
10:05 EDTWYNNOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Adidas (ADDYY) downgraded to Neutral from Buy at Goldman... Fabrinet (FN) downgraded at B. Riley... Freeport McMoRan (FCX) downgraded at Stifel... Infosys (INFY) downgraded to Hold from Buy at Jefferies... InterMune (ITMN) downgraded to Neutral from Buy at Goldman... Jones Energy (JONE) downgraded to Neutral from Overweight at JPMorgan... LVMH Moet Hennessy (LVMUY) downgraded to Neutral from Buy at Goldman... Madison Square Garden (MSG) downgraded to Hold from Buy at Topeka... Qualys (QLYS) downgraded to Sector Perform from Outperform at RBC Capital... SeaWorld (SEAS) downgraded to Market Perform from Outperform at Wells Fargo... Theravance Biopharma (TBPH) downgraded to Underperform from Neutral at RW Baird... URS Corporation (URS) downgraded to Neutral from Buy at Sterne Agee... ViaSat (VSAT) downgraded to Perform from Outperform at Oppenheimer... Wynn Resorts (WYNN) downgraded to Hold from Buy at Gabelli.
09:12 EDTWYNNWynn Resorts downgraded to Hold from Buy at Gabelli
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August 13, 2014
13:57 EDTWYNN, MGM, CZRNJ reports Atlantic City July gaming win down 7.7% to $274.3M
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07:39 EDTWYNNBofA/Merrill lowers Macau forecasts
BofA/Merrill lowered its 2014 Macau gross gaming revenue forecast to +5% year-over-year from +12% due to a slowdown in July mass trends. As a result, the firm lowered Las Vegas Sands' (LVS) price target to $88 from $95 and Wynn Resorts' (WYNN) to $260 from $270.

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