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Stock Market & Financial Investment News

News Breaks
February 21, 2013
15:21 EDTWYNNKazuo Okada announces resignation from Wynn Resorts board of directors
Kazuo Okada, a co-founder of Wynn Resorts, Ltd, and founder and Chairman of Universal Entertainment Corporation, issued the following statement on his resignation from the Wynn Resorts Board of Directors: “Since the year 2000, Steve Wynn has orchestrated a deliberate campaign to deceive me. His actions have betrayed our friendship, the management agreement executed between us, the Shareholders Agreement executed in 2002, and, ultimately, Universal Entertainment, Inc...I remain determined to fight Steve Wynn’s involuntary redemption of my nearly 20 percent stake in Wynn Resorts at a 30 percent discount and my resignation from the Wynn Resorts Board will not impede me from protecting my good name and reputation as UEC and Aruze USA forcefully prosecute the claims made against Wynn Resorts in Nevada State Court.”
News For WYNN From The Last 14 Days
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April 17, 2015
05:06 EDTWYNNSteve Wynn responds to press release by Elaine Wynn
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April 16, 2015
15:10 EDTWYNNWynn CEO Steve Wynn publicly supports Elaine Wynn's board re-election
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09:05 EDTWYNNBofA/Merrill gaming analysts hold an analyst/industry conference call
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April 14, 2015
14:53 EDTWYNNWynn Resorts April weekly volatility elevated into Q1 and outlook
Wynn Resorts April weekly call option implied volatility is at 35, May is at 34, June is at 33; compared to its 26-week average of 32 according to Track Data, suggesting slightly larger price movement into the expected release of Q1 results in late April.
14:05 EDTWYNNNJ Gaming reports March total Win $203.9M vs. $199.3M a year ago
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April 13, 2015
08:07 EDTWYNNAdvisory firm recommends Wynn Resorts stock holders to vote for nominees
Wynn Resorts announced that Glass Lewis & Co., a leading independent proxy advisory firm, has recommended that Wynn Resorts stockholders vote "FOR" ALL of Wynn Resorts' director nominees, John J. Hagenbuch and J. Edward Virtue, on the WHITE proxy card at the Company's Annual Meeting of Stockholders to be held on April 24.
April 6, 2015
05:15 EDTWYNNElaine Wynn recommends holders 'WITHHOLD' their votes for company nominees
Elaine Wynn, co-founder, board member and third-largest stockholder of Wynn Resorts, commented on the recommendation from Institutional Shareholder Service, or ISS, that Wynn stockholders WITHHOLD their vote for management's nominees for the Wynn Resorts board at the upcoming 2015 Annual Meeting. In response, Elaine Wynn has issued the following statement: "I believe the stockholders of Wynn Resorts deserve better than the choices presented to them by the company this proxy season, and the only way to achieve meaningful value creation for my fellow stockholders is to vote the GOLD card FOR my reelection at the upcoming Annual Meeting. The ISS report raises a number of important concerns about the performance of the board. I firmly believe my judgment, considerable experience, important diversity and willingness to challenge the status quo makes me the best positioned candidate to guard and grow stockholders' interest and identify additional diverse candidates with independent voices, As the third largest stockholder, my interests inextricably align with my fellow stockholders, giving me a unique perspective on protecting and increasing the value of our collective investment in the future. The company, by contrast, continues to disseminate comments designed to obscure the truth, as they did tonight in their statement on the ISS recommendation, and it is my hope that other stockholders recognize my value and vote FOR my reelection using the GOLD proxy card."
05:10 EDTWYNNISS recommends Wynn Resorts holders vote against Elaine Wynn
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