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Stock Market & Financial Investment News

News Breaks
May 8, 2014
06:37 EDTMGM, LVS, MPEL, WYNNUnionPay to crack down on Macau money transfers, South China Morning Post says
China's state-backed payment card company, UnionPay, yesterday said it would crack down on illegal money transfers from mainland China to Macau casinos, according to The South China Morning Post. Shares of the operators of the top Macau casinos dropped sharply in China in the wake of the news, the publication added. Publicly traded companies that operate Macau casinos include Las Vegas Sands (LVS), MGM Resorts (MGM), Wynn Resorts (WYNN). and Melco Crown (MPEL). Reference Link
News For WYNN;LVS;MGM;MPEL From The Last 14 Days
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August 28, 2015
09:34 EDTWYNN, MGM, LVSNevada 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, MPEL, LVS, 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 EDTMPEL, WYNN, MGM, LVSMacau GGR poised to sink 37% in August, says Bernstein
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