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Stock Market & Financial Investment News

News Breaks
May 2, 2014
06:53 EDTWYNNU.S. prosecutors ask for another extension for Okada, Wynn suit, Reuters says
U.S. prosecutors are looking to again postpone a civil lawsuit between Wynn Resorts and Japanese billionaire Kazuo Okada for another six months to continue a criminal probe into Okada and his companies regarding payments in the Philippines, according to Reuters, citing a motion filed to a Nevada court. Reference Link
News For WYNN From The Last 14 Days
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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
07:17 EDTWYNNMacau 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 EDTWYNNMacau GGR poised to sink 37% in August, says Bernstein
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