New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 12, 2014
06:37 EDTLVS, WYNN, MPEL, MGMMacau sector oversold following pullback, says Citigroup
To reflect a significantly lower VIP growth estimate, Citi cut its 2014 Macau GGR estimate to 13% from 22%. The firm, however, says the large cut only impacts its 2014 EBITDA estimate by 3% on average, since the VIP business is low margin. Citi believes the sell-off in the Macau sector is overdone and still views Melco Crown (MPEL) as its top pick in the space. The firm also has Buy ratings on Las Vegas Sands (LVS), MGM Resorts (MGM) and Wynn Resorts (WYNN). It lowered its price target on the latter to $255 from $277.
News For MPEL;LVS;MGM;WYNN From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
September 2, 2015
10:00 EDTWYNNOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
08:22 EDTWYNN, WYNNWynn Resorts upgraded to Buy from Outperform at CLSA
CLSA upgraded Wynn Resorts to Buy from Outperform based on share underperformance and lowered its price target to $104 from $117 on shares.
September 1, 2015
07:03 EDTMPEL, WYNN, LVS, MGMMacau reports August casino revenue down 35.5% to 18.62B patacas
Information on monthly gross revenue from games of fortune published on Macau government website. Publicly traded companies in the Macau gaming space include Las Vegas Sands (LVS), MGM Resorts (MGM), Melco Crown (MPEL) and Wynn Resorts (WYNN).
August 31, 2015
05:37 EDTMGMHulu, Epix announce extensive multi-year agreement
Subscribe for More Information
August 28, 2015
09:34 EDTMGM, LVS, WYNNNevada reports July statewide gaming win down 0.96% to $922.89M
Subscribe for More Information
August 27, 2015
06:03 EDTWYNNWynn Resorts implied volatility of 63 at upper end of index
Subscribe for More Information
August 21, 2015
16:01 EDTLVSOptions Update; August 21, 2015
Subscribe for More Information
07:17 EDTWYNN, MPEL, MGM, LVSMacau developments negative, says Wells Fargo
Wells Fargo says that its checks on Macau for August indicate that the region's revenues are trending flat to down this month. According to Wells, in August the region's revenues are historically up 4% versus July. The firm adds that comments by Macau casino owner Galaxy suggest that the market has not yet bottomed. Wells believes that the market has not yet stabilized and remains neutral on Macau stocks, although it remains upbeat on their long-term outlook. Publicly traded companies in the Macau gaming space include Las Vegas Sands (LVS), MGM Resorts (MGM), Melco Crown (MPEL) and Wynn Resorts (WYNN).

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