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Stock Market & Financial Investment News

News Breaks
March 14, 2014
08:22 EDTMGM, LVS, MPEL, WYNNMacau growth should be strong in 2014, says Wells Fargo
Wells Fargo expects 2014 to be another strong year for growth in Macau, and the firm reports that Q1 Macau gaming revenue is tracking up about 20% year-over-year, well above expectations. The firm expects Las Vegas Sands (LVS), Melco Crown (MPEL), MGM (MGM) and Wynn Resorts (WYNN) to beat Q1 Macau consensus property EBITDA estimates by 3%-6%. Wells thinks valuations in the sector remains undemanding, and expects margins among companies in the space to rise.
News For WYNN;LVS;MGM;MPEL From The Last 14 Days
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September 1, 2015
07:03 EDTWYNN, MPEL, MGM, LVSMacau 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
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August 28, 2015
09:34 EDTLVS, WYNN, MGMNevada reports July statewide gaming win down 0.96% to $922.89M
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August 27, 2015
06:03 EDTWYNNWynn Resorts implied volatility of 63 at upper end of index
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August 21, 2015
16:01 EDTLVSOptions Update; August 21, 2015
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07:17 EDTWYNN, LVS, MPEL, MGMMacau 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).
August 18, 2015
07:13 EDTWYNN, MPEL, MGM, LVSMacau GGR poised to sink 37% in August, says Bernstein
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