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Stock Market & Financial Investment News

News Breaks
February 4, 2013
07:49 EDTZNGA, CZR, MGM, HOT, LVS, WYNN, BYD, PENNEU to apply anti-money laundering rules to online gambling, FT says
The EU will soon unveil a revamp of its anti-money laundering laws aimed at closing loopholes, including plans to apply the regulations to the entire gambling sector including online gaming, not just casinos, reported Financial Times. The Fly notes that Caesars Entertainment (CZR) operates online poker sites in Europe with partner 888 Holdings, while Zynga (ZNGA) announced a partnership with bwin.party to offer real money online poker and casino games in the U.K. in October of last year. Reference Link
News For ZNGA;CZR;MGM;HOT;LVS;WYNN;BYD;PENN From The Last 14 Days
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October 28, 2014
07:10 EDTHOTStarwood sees FY14 EPS ex-items $2.79-$2.83, consensus $2.84
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07:08 EDTHOTStarwood reports Q3 EPS ex-items from cont. ops. 66c, consensus 65c
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October 27, 2014
15:36 EDTHOTNotable companies reporting before tomorrow's open
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13:31 EDTWYNNWynn Resorts weekly volatility elevated into Q3 and outlook
Wynn Resorts October weekly call option implied volatility is at 49, November is at 30, December is at 29, January is at 26; compared to its 26-week average of 31 according to Track Data, suggesting large near term price movement into the expected release of Q3 results on October 28.
October 23, 2014
18:34 EDTMGMEaton contracted to provide MGM Resorts with power management solutions
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14:29 EDTCZRCaesar's weekly volatility elevated into Q3 and outlook
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09:15 EDTMGMNRG Energy and MGM Resorts to install convention center solar array
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08:12 EDTHOTStarwood Hotels November volatility elevated into Q3 and outlook
Starwood Hotels November call option implied volatility is at 29, December and January is at 27; compared to its 26-week average of 22 according to Track Data, suggesting larger near term price movement into the expected release of Q3 results on October 28.
07:07 EDTPENNPenn National now sees FY14 revenue $2.56B, consensus $2.54B
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07:06 EDTPENNPenn National sees Q4 revenue $621.1M, consensus $619.13M
07:05 EDTPENNPenn National reports Q3 EPS 10c, consensus 6c
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October 22, 2014
12:02 EDTHOTStarwood extends global partnership with Mercedes AMG Petronas
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09:50 EDTZNGAZynga to bring back Zynga Poker Classic, will have two Poker games
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07:16 EDTCZRCaesar's wants to build $1B casino-resort in Phillipines, Bloomberg reports
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October 21, 2014
15:35 EDTWYNNNotable companies reporting before tomorrow's open
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11:30 EDTCZROptions with decreasing implied volatility
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October 20, 2014
16:01 EDTHOTStarwood announces sale of The St. Regis for $150.7M
Starwood Hotels & Resorts Worldwide announced that it has sold The St. Regis, Rome to subsidiaries of Constellation Hotels Holding Limited for approximately $150.7M. Starwood will continue to operate the hotel under the St. Regis brand flag as part of a new long-term management agreement.
October 17, 2014
08:00 EDTCZRCaesar's prepared to begin formal discussions with certain bank debt creditors
Caesars and its subsidiary Caesars Entertainment Operating Company announced that they have executed non-disclosure agreements with certain beneficial holders of debt issued by CEOC, including senior secured term loans, pursuant to the third amended and restated credit agreement, dated as of July 25, 2014, enabling the commencement of formal discussions with the Bank Lenders.
October 16, 2014
07:41 EDTLVSLas Vegas Sands Macau results favorable, says Stifel
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06:54 EDTLVSLas Vegas Sands reiterated as an Outperform at Credit Suisse
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