New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
April 26, 2012
09:49 EDTSGMS, CZR, ZNGANY lottery's push toward online sales stalled, WSJ says
The New York State lottery's push to sell lottery tickets over the Internet has stalled, in one prominent battle that is part of broader struggle among state lotteries, casino operators, Internet companies and convenience stores that could determine how online gambling takes shape in the U.S., according to the Wall Street Journal. The report highlights Scientific Games (SGMS), Zynga (ZNGA) and Caesars Entertainment (CZR) among companies looking to move into or win business in this area. Reference Link
News For SGMS;ZNGA;CZR From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
February 10, 2016
14:32 EDTZNGANotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Cisco (CSCO), consensus 54c... Tesla (TSLA), consensus 8c... Twitter (TWTR), consensus 12c... Whole Foods (WFM), consensus 40c... Mylan (MYL), consensus $1.27... Expedia (EXPE), consensus $1.00... Prudential Financial (PRU), consensus $2.30... O'Reilly Automotive (ORLY), consensus $2.08... Pioneer Natural Resources (PXD), consensus (30c)... Skechers (SKX), consensus 20c... Zynga (ZNGA), consensus 0c.
February 9, 2016
16:51 EDTSGMSScientific Games products selected by Absentee Shawnee Tribe
Subscribe for More Information
14:53 EDTZNGAZynga volatility elevated into Q4 and outlook
Zynga February call option implied volatility is at 113, February is at 71, March is at 77; compared to its 52-week range of 29 to 80, suggesting large near term price movement into the expected release of Q4 results on February 10.
February 4, 2016
16:18 EDTSGMSScientific Games wins Marnell Gaming casinos systems business
Scientific Games announced that Marnell Gaming has selected the company's Bally Systems Suite for its two casinos in Laughlin, Nevada, the Colorado Belle Hotel and Casino and the Edgewater Hotel and Casino. Marnell Gaming is replacing a competitor's product with Scientific Games' casino management systems suite to drive operational efficiencies and delight players. The systems installation at both casinos will include SDS, CMP, Elite Bonusing Suite, iVIEW, iVIEW Display Manager and Business Intelligence.
February 3, 2016
12:29 EDTCZRCaesars unit requests bankruptcy mediator, Reuters reports
Subscribe for More Information
February 2, 2016
10:40 EDTZNGAStifel warns Twitter may go way of tech busts, cuts to Sell
Twitter (TWTR) is giving up nearly all of yesterday's gains after Fortune and The Wall Street Journal poured cold water on a report that private equity firm Silver Lake might be considering making a strategic investment in the company. Additionally weighing on the stock are a Business Insider report claiming that the number of tweets has declined by more than 50% in the last 18 months and research firm Stifel downgrading the stock to Sell. WHAT'S NEW: Yesterday morning, tech website The Information reported that venture capitalist Marc Andreessen and private equity firm Silver Lake have considered making a deal involving Twitter. However, Silver Lake isn't looking to make a deal with Twitter, The Wall Street Journal reported, citing an unnamed source. The Journal's article echoes a report yesterday afternoon by Fortune, which also quoted an unnamed source as saying that Silver Lake isn't interested in buying Twitter. Also, according to Business Insider, the number of daily tweets on Twitter has plummeted by more than 50% since August 2014. The report based its estimate on a sampling of data from the website's application programming interface. Last month, there were 303M tweets per day on average, down from the peak of an average of 661M per day in August 2014, when the World Cup was occurring, the website stated. Moreover, according to the data, Twitter has about 130M active users, versus the company's estimate of up to 320M monthly active users. STIFEL SAY SELL: Stifel analyst Scott Devitt downgraded Twitter to Sell form Hold, saying that it has "never fully developed into a sustainable public company." Yahoo (YHOO) says that it has 1B monthly active users, but the market valuation of Yahoo's core business is "much lower" than that of Twitter, which has a significantly smaller user base, Devitt stated. Additionally, Internet companies Groupon (GRPN) and Zynga (ZNGA) became well-known and obtained tens of millions of users, only to see their stocks plummet, the analyst stated. Meanwhile, Twitter's product has not changed significantly since the company hired a new CEO three months ago and it will have difficulty meeting financial expectations over the short-term and longer term, given the size of its user base, said Devitt, who has a $14 price target for the shares. PRICE ACTION: In morning trading, Twitter fell 6.3% to $16.78. The stock had gained 6.55% yesterday on the heels of Jessica Lessin's report in The Information.
January 29, 2016
09:35 EDTCZRNevada reports Statewide December gaming win up 3.31% to $982.06M
The state also reports Las Vegas Strip December gaming win up 8.2% compared to last year at $600.75M compared to last year. Publicly traded companies in the space include Boyd Gaming (BYD), Caesars (CZR), Las Vegas Sands (LVS), MGM Resorts (MGM), Penn National (PENN) 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