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Stock Market & Financial Investment News

News Breaks
February 20, 2014
08:14 EDTWYNN, LVS, MGMMacau casino licence renewals seen going smoothly, S. China Morning Post says
Gaming licences held by Macau's six casino operators are likely to be renewed smoothly than to face renewal every five to 10 years, despite to press reports to the contrary, say industry experts, reports the South China Morning Post. Half of the six licenses there are held by MGM (MGM), Wynn (WYNN) and Sands (LVS). Reference Link
News For MGM;WYNN;LVS From The Last 14 Days
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October 30, 2014
08:07 EDTMGMMGM Resorts reports Q3 net revenue at domestic results up 2%
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08:06 EDTMGMMGM Resorts: MGM China reports Q3 12% increase in EBITDA to $214M
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08:06 EDTMGMMGM Resorts: Las Vegas continues to improve with revenue growth of 3%
The company added, "While we expected to have some negative impact to margins during the quarter as a result of the disruptions related to our investments in Delano at Mandalay Bay and the Strip frontage at Monte Carlo, we were also negatively affected by lower year over year table games hold and an increase in certain expenses. Looking forward, we remain highly focused on increasing revenues and expanding margins while driving operating leverage in an improving market."
08:05 EDTMGMMGM Resorts reports Q3 EPS 4c, consensus 6c
Reports Q3 revenue $2.49B, consensus $2.49B
October 28, 2014
16:23 EDTWYNNWynn Resorts raises quarterly dividend 20% to $1.50 per share
Wynn Resorts also announced that the company has approved a new quarterly cash dividend of $1.50 per common share, a 20% increase from its previous regular dividend. The company has also approved an additional cash dividend of $1.00 per share. The total dividend of $2.50 per share will be payable on November 25 to stockholders of record on November 12.
16:22 EDTWYNNWynn Resorts reports Q3 adjusted EPS $1.95, consensus $1.84
Reports Q3 revenue $1.37B, consensus $1.37B.
09:34 EDTMGM, LVS, WYNNNevada reports September statewide gaming win down 5.97% to $901.7M
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08:07 EDTLVSLas Vegas Sands 17M share Block Trade priced at $60.00
The deal range was $59.90-$60.25. Barclays acted as sole book running manager for the offering.
October 27, 2014
13:31 EDTWYNNWynn Resorts weekly volatility elevated into Q3 and outlook
Wynn Resorts October weekly call option implied volatility is at 49, November is at 30, December is at 29, January is at 26; compared to its 26-week average of 31 according to Track Data, suggesting large near term price movement into the expected release of Q3 results on October 28.
October 23, 2014
18:34 EDTMGMEaton contracted to provide MGM Resorts with power management solutions
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09:15 EDTMGMNRG Energy and MGM Resorts to install convention center solar array
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October 21, 2014
15:35 EDTWYNNNotable companies reporting before tomorrow's open
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October 16, 2014
07:41 EDTLVSLas Vegas Sands Macau results favorable, says Stifel
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06:54 EDTLVSLas Vegas Sands reiterated as an Outperform at Credit Suisse
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