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Wynn, Marriott Start The Week's Earnings Parade, With Disney Waiting in Wings
Monday, May 10, 2021 - 10:30am | 2249Read More...If last week was all about jobs, this week is all about prices. Considering how much people worry about inflation these days, two key reports should give us a much better idea whether it’s actually a fact on the ground. Wednesday brings the April consumer price index (CPI), which rose a...
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Exclusive: Wynn Exec Talks Macau Recovery, Gaming Loss, Boston/Japan Expansion Plans
Thursday, August 3, 2017 - 2:03pm | 817Read More...As Macau recovers, so do casino stocks. Wynn Resorts, Limited (NASDAQ: WYNN), which has a particularly high exposure to Macau, China, is the world’s biggest gaming destination. The company derived 69 percent of its EBITDA from Macau, according to its second-quarter earnings report released...
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Don't Wait For Wynn To Pull Back; Aegis Capital Says Go Ahead And Buy Now
Tuesday, March 21, 2017 - 2:18pm | 412Read More...As Macau recovers, so do casino stocks. Wynn Resorts, Limited (NASDAQ: WYNN) shares have rallied over 30 percent year-to-date on the heels of an early Macau recovery. Despite the young turnaround, Aegis analysts are telling investors not to wait for a pullback but to get into Wynn shares now. The...
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Why Is Wynn Resorts Up Big?
Friday, January 15, 2016 - 1:03pm | 157Read More...Shares of Wynn Resorts, Limited (NASDAQ: WYNN) spiked higher by more than 9 percent on Friday after the company reported its preliminary fourth quarter and full year 2015 revenue results. Wynn Resorts said that it expects its total revenue in the fourth quarter to be $939 million to $955 million....
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A Look At Earnings Season So Far
Thursday, October 29, 2015 - 2:50pm | 861Read More...While earnings season is still in full swing, enough companies have released in order to provide traders with a clear picture of how the market has been performing. The third quarter has been a disappointing one for most firms, leading analysts to predict that combined earnings for S&P 500...
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How To Invest In The Diverging Casino Space
Tuesday, September 8, 2015 - 12:45pm | 398Read More...Telsey Advisory Group recently initiated coverage of casino stocks and released a new report discussing the current state of the industry. Analyst David Katz sees a major divergence in the casino business these days, and believes that investors should make sure to be on the winning side of the...
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Deutsche Bank's Quick Take On Macau: No Rebound Expected In December
Tuesday, December 2, 2014 - 1:39pm | 284Read More...Carlo Santarelli of Deutsche Bank commented in a note on Tuesday that Macau's 19.6 percent gross gaming revenue decline seen in November was expected and December's gross gaming revenue is also expected to be lower than it was a year ago. Santarelli is projecting gross gaming revenue in...
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Market Wrap For January 29: Markets Lower on Fed Taper, Emerging Markets Worries
Wednesday, January 29, 2014 - 6:38pm | 2416Read More...U.S. stocks were unable to keep yesterday's momentum and ended the day sharply lower. The Dow suffered yet another triple digit decline with the S&P 500 and Nasdaq indices shedding more than one percent. In Ben Bernanke's final meeting as Fed chief, the FOMC tapered its monthly bond...
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Market Wrap For November 27: Markets Inch Higher Before Pausing For Thanksgiving
Wednesday, November 27, 2013 - 6:01pm | 1594Read More...Major indices crawled higher on light volume, which was to be expected. The Nasdaq to new highs that haven't been seen since September 2000, while the other major indices failed to hold on to earlier gains, but still finished in positive territory. On Thursday, the markets will take a much...
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Las Vegas Strip October Gaming Wins Down 5.06%
Wednesday, November 27, 2013 - 2:32pm | 489Read More...The State of Nevada Gaming Control Board released its "Monthly Win and Percentage Fee Tax Collections" report on Monday. The regularly scheduled report details the total “gaming win” of all Nevada's non-restricted gaming licensees. Total gaming wins across Nevada decreased 2.58 percent from one...
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Paris Hilton...Banned From The BunnyRanch & The Love Ranch
Tuesday, September 14, 2010 - 2:46pm | 121Read More...Paris Hilton's woes continue when Dennis Hof, owner of The World Famous BunnyRanch in Carson City, Nevada and The Love Ranch, outside of Las Vegas, has banned her from all his properties for Life. Showbiz Tonight on CNN Headline News (9/3/2010), in discussing Hilton's suspicion of cocaine drug...
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Las Vegas Strip Hotel Rates Tracker
Tuesday, August 31, 2010 - 11:14am | 216Read More...Room rates on the Las Vegas strip have increased, in some cases even by double digits as witnessed by monitoring and comparing rates from September '09 to September '10, Hudson Securities reports. The Aria has seen rates rebound, with a 17% increase in September alone. On 9/18, rooms were selling...
