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Stock Market & Financial Investment News

News Breaks
August 21, 2014
06:54 EDTWYNNWynn unit to spend $20M on Macau casinos design work, Macau Business says
Wynn Resorts' Wynn Macau unit is slated to spend $20.13M this year on design work for its casinos, Macau Business reports. This figure is double the amount the company originally planned. Reference Link
News For WYNN From The Last 14 Days
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July 24, 2015
13:50 EDTWYNNWynn Resorts volatility elevated into Q2 and outlook
Wynn Resorts July weekly call option implied volatility is at 71, August is at 44, September is at 38; compared to its 52-week range of 23 to 47, suggesting large near term price movement into the expected release of Q2 results on July 27.
July 23, 2015
07:32 EDTWYNNLas Vegas Sands results encouraging, says Stifel
After Las Vegas Sands (LVS) reported higher than expected Macau property-level EBITDA, Stifel says that the beat should cause analysts to raise their estimates for the company. The firm adds that the results are encouraging for all "Macau-centric operators." It raised its price target on Las Vegas Sands to $65 from $60 and keeps a Buy rating on the shares. Other companies with a major presence in Macau include Melco Crown (MPEL), Wynn Resorts (WYNN), and MGM (MGM).
July 22, 2015
19:02 EDTWYNNOn The Fly: After Hours Movers
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July 19, 2015
13:47 EDTWYNNWynn Resorts could be 'long-term winner' if Macau improves, Barron's says
Shares of Wynn Resorts look "potentially cheap" ahead of a possible recovery in Macau gambling, Barron's contends in a 'Trader Extra' column. The publication calls Wynn "one of the best-managed companies in the sector," and though Macau could worsen, "stabilization by next year" is the more likely outcome, says Barron's. Reference Link
July 14, 2015
14:00 EDTWYNNNew Jersey reports Atlantic City gaming win down 8.2% to $216.5M in June
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