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Stock Market & Financial Investment News

News Breaks
June 24, 2014
12:32 EDTCZR, WYNN, MGM, MPEL, LVSJapan's Abe to press forward with casino initiative, Bloomberg says
Japanese Prime Minister Shinzo Abe said his ruling party will press forward with the casino initiative and will look to pass a law to legalize casinos in the next session of parliament, says Bloomberg. Publicly traded companies in the space include Caesar's (CZR), Las Vegas Sands (LVS), MGM Resorts (MGM),Melco Crown Entertainment Limited (MPEL) and Wynn Resorts (WYNN). Reference Link
News For WYNN;LVS;MGM;CZR;MPEL From The Last 14 Days
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July 1, 2015
06:48 EDTWYNN, MPEL, MGM, LVSMacau reports June casino revenue down 36.2% to 17.36B patacas
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June 30, 2015
15:17 EDTMPEL, MGM, LVS, WYNNMacau visa change does not signal a change in policy, says Wells Fargo
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12:50 EDTMPEL, MGM, WYNN, LVSMacau transit visa rules reversed, signal end of tightening, says BofA/Merrill
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12:44 EDTWYNN, LVS, MGM, MPELMacau appears to re-lengthen visas to 7 days, says Brean Capital
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10:01 EDTMPELHigh option volume stocks
High option volume stocks: DEO PE BPOP PNR JUNO OFG CMPR MPEL
10:00 EDTMPELMelco Crown spikes higher, levels to watch
The stock is up over 7.5% to $19.25 at time of writing on very heavy volume. At current price next resistance is at $19.39, the session high, and then $19.90, the 50-day moving average. The 50-day is a good proxy for a downtrend resistance line and a break above it would be bullish. Support is at $18.98.
09:35 EDTWYNNActive equity options trading on open
Active equity options trading on open: AAPL FB GILD BABA BAC MU WYNN MSFT NFLX
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
June 26, 2015
09:32 EDTCZR, WYNN, LVS, MGMNevada reports May Statewide gaming win up 3.33% to $1.0B
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June 19, 2015
14:13 EDTCZRLeon Cooperman liquidates passive stake in Caesar's
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07:38 EDTWYNN, MPEL, MGM, 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
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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