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Stock Market & Financial Investment News

News Breaks
July 11, 2014
07:14 EDTWYNMF, WYNNMacau graft agency investigates Wynn land agreement, Reuters says
Macau's corruption agency said it is looking into a land agreement having to do with CEO of Wynn Resorts (WYNN) Steve Wynn's upcoming $4B casino, according to Reuters, citing a comment in an email from the anti-graft agency. The agency decided to investigate the agreement and asked the Macau government to provide more facts on how a little-known company secured the rights to land before it was granted to Wynn. The land is now part of Macau's Cotai Strip, where Wynn's Wynn Macau (WYNMF) is poised to open its second casino resort in 2016. Reference Link
News For WYNN;WYNMF From The Last 14 Days
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December 17, 2014
11:09 EDTWYNNMacau gaming facts in SCMP article are not new, says JPMorgan
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10:22 EDTWYNNWynn Resorts volatility increases as shares trend to 16-month low
Wynn Resorts December call option implied volatility is at 46, January is at 41, March is at 39; compared to its 26-week average of 30 according to Track Data, suggesting large near term price movement.
December 16, 2014
15:37 EDTWYNNChina to start crackdown on illicit funds to Macau, SCMP says
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December 12, 2014
14:04 EDTWYNNAtlantic City reports November gaming win down 10.3% to $202.5M
New Jersey reported total Atlantic City gaming win from current operators for the month of November was $202.5M, compared to the $181.7M for November 2013, reflecting an 11.5% increase. Total gaming win from the industry including discontinued operators reflects a 10.3% decrease compared to $225.7M in November 2013. As of November 30, 506,172 Internet gaming accounts have been created, up 5.7% from the 479,073 accounts as of October 31. For the month, Internet Gaming Win including discontinued operators was $8.7M. Publicly traded companies in the space include Boyd Gaming (BYD), Caesar's (CZR), Las Vegas Sands (LVS), MGM Resorts (MGM), Penn National (PENN) and Wynn Resorts (WYNN).
December 10, 2014
11:28 EDTWYNNWynn Resorts volatility increases as shares trend to 15-month low
Wynn Resorts December weekly call option implied volatility is at 42, December is at 35, January is at 31; compared to its 26-week average of 30 according to Track Data, suggesting large near term price movement.
08:21 EDTWYNNFBR drops estimates, price targets for Macau names
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