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Stock Market & Financial Investment News

News Breaks
February 7, 2013
13:16 EDTPENN, BYD, ZNGA, WYNN, MGM, LVS, CZR, HOTSenator: Christie to allow Internet gambling with conditions, Press of AC says
NJ Gov. Chris Christie will allow the state to legalize Internet gambling under certain conditions, according to a statement provided to The Press of Atlantic City by Sen. Raymond Lesniak. Reference Link
News For MGM;HOT;LVS;WYNN;CZR;BYD;PENN;ZNGA From The Last 14 Days
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June 30, 2015
15:17 EDTWYNN, LVS, MGMMacau visa change does not signal a change in policy, says Wells Fargo
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12:50 EDTMGM, LVS, WYNNMacau transit visa rules reversed, signal end of tightening, says BofA/Merrill
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12:44 EDTLVS, MGM, WYNNMacau 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
09:22 EDTHOTStarwood’s Aloft Brand to expand portfolio in California
Starwood Hotels & Resorts Worldwide announced that its Aloft brand will soon add yet another destination to its California portfolio with the upcoming debut of Aloft Dublin-Pleasanton. “Designed for the evolving global traveller, Aloft is a great fit for the tech-forward Dublin-Pleasanton area,” said Brian McGuinness, senior VP, Specialty Select Brands for Starwood. “As one of the fastest growing brands in the history of hospitality, Aloft offers distinctive design, accessible technologies and a buzzing social atmosphere.”
09:03 EDTBYDBoyd Gaming announecs expansion of Delta Downs racetrack casino hotel
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06:47 EDTCZRCaesar’s CEO Loveman: I faced ‘every imaginable human catastrophe,’ WSJ says
Caesar's CEO Gary Loveman defended his tenure with the company after its leveraged buyout in January 2012, saying that he faced “every imaginable human catastrophe” while on the job, including “floods, hurricanes, building collapses, murders,” the Wall Street Journal reports. “This job has made me numb,” Loveman said at a speech at Stanford University in 2012, the report says. Reference Link
06:02 EDTHOTStarwood reduced energy use by 12%
Starwood Hotels & Resorts Worldwid announced it has reduced energy use by 12.08%, carbon emissions by 16.07% and water use by 17.26% across all owned, managed and franchised properties from 2008 through 2014. The reductions stem from Starwood’s 30/20 by 20 environmental goals, launched in 2009, to cut energy use by 30% and water use by 20% by 2020 globally. In 2013, Starwood added a goal to reduce carbon emissions by 30% during the same timeframe.
June 26, 2015
09:32 EDTPENN, WYNN, MGM, BYD, LVS, CZRNevada reports May Statewide gaming win up 3.33% to $1.0B
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June 24, 2015
16:11 EDTHOTAshford Hospitality to acquire two hotels in Minneapolis for $101M
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09:13 EDTPENNPenn National’s Plainridge Park Casino debuts as Massachusetts’ first casino
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07:03 EDTHOTStarwood, Accenture extent IT outsourcing contract
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June 22, 2015
09:40 EDTHOTActive equity options trading on open
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08:19 EDTHOTThe Luxury Collection invests $300M to grow North America portfolio
The Luxury Collection announced, in coordination with its owner partners, a $300M effort to expand and improve its hotel portfolio in North America. Part of Starwood Hotels & Resorts, The Luxury Collection is investing in marquee hotel conversions and landmark renovations in diverse U.S. destinations, including Key West, Lake Tahoe, San Antonio and San Francisco, as it continues to grow around the world. A milestone year for the brand, The Luxury Collection is on track to surpass 100 hotels in more than 30 countries by the end of 2015.
June 19, 2015
14:13 EDTCZRLeon Cooperman liquidates passive stake in Caesar's
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07:38 EDTMGM, WYNN, PENN, 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
09:46 EDTZNGAJefferies to hold company meetings at E3 Expo
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09:00 EDTHOTStarwood commences construction on W, Element dual-branded hotel
Starwood Hotels & Resorts Worldwide announced the commencement of construction for its first-ever W and Element dual-branded hotel development, scheduled to open in the heart of downtown Philadelphia in early 2018. The 295-room W Philadelphia and 460-room Element Philadelphia will occupy a 51 story skyscraper located in the geographic center of the city’s business, arts and retail districts, and directly across from Philadelphia City Hall. Owned by Chestlen Development and developed by Vine Street Matthews Development.
06:09 EDTPENNInternational Game provides Penn National with content, cabinets
International Game Technology (IGT) announced that it will provide Penn National (PENN) with a wide selection of new IGT content and cabinets, including more than 400 IGT games and the largest placements of the new IGT CrystalDual and S3000 cabinets at any location in the United States to date, for the new Plainridge Park Casino in Plainville, MA.
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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