Wynn Resorts

Along with the hundreds of announced SPAC mergers and closed deals in 2021 came a handful of SPAC deals that were terminated. Here’s a look at what it means for the SPACs that called off mergers. What Happened: SPACs can terminate deals for numerous reasons including a change in valuation...

Insider buying can be an encouraging signal for potential investors. Some notable insider buys last week came in the wake of quarterly reports. A father and son added to their stakes in a top consumer products company. Conventional wisdom says that insiders and 10-percent owners really only buy...

Benzinga has featured a look at many investor favorite stocks over the past week. Bullish calls featured a top biotech, an online payment company and an energy infrastructure giant. Bearish calls included a leading coffee chain, REITs and a hotel operator in the news. Volatility came...

Shares of Wynn Resorts, Limited (NASDAQ: WYNN) gained more than 1.5 percent Thursday morning as investors and traders were likely encouraged by recent multiple insiders buying company shares since the start of 2016. Stephen Wynn, Wynn Resorts' CEO, acquired 71,275 shares in the open market...

Elaine Wynn, ex-wife to Wynn Resorts, Limited (NASDAQ: WYNN)'s CEO Steve Wynn issued some scathing remarks concerning her former husband's business practices. Elaine Wynn, a co-founder of Wynn Resorts, said on Tuesday that Steve Wynn "set a tone at the top of the company that has given rise to...

Insiders continue to take advantage of the ongoing market volatility to snap up seeming bargains. Notable insider purchases this past week came from three prominent chief executives. Strong insider buying is often considered a positive sign for investors, particularly during volatile times....

Credit Suisse analysts recommended that investors shy away from gaming stocks in favor of other leisure-based activities (lodging, cruise, theme parks and ski resorts). Yet, "if you have to own one, we are sticking with" MGM Resorts International (NYSE: MGM). Credit Suisse said that...

U.S. stocks rose on Thursday after government data showed the U.S. economy grew 3.5 percent in the third quarter, better than the 3.0 percent expected. Investors brushed off a poor reading on the number of Americans filing for jobless benefits, which rose last week in favor of GDP data; this...

U.S. markets ended the day mostly flat after giving up earlier gains. The Dow traded higher by 142 points before ending the day in negative territory. The S&P 500 and Nasdaq indices closed the day almost unchanged. The CBOE Volatility Index fell 7.5 percent to 23.79. Airline stocks traded...

When trouble rears its ugly head in the financial world, China frequently becomes part of the conversation. Las Vegas Sands Corp. (NYSE: LVS) knows this all too well. Macau As a leader in both gaming and lodging, much of the company’s revenue has come from Macau, China. As Zack...

Forbes once described the Macau gaming market as being "Vegas on steroids." While this may be true, analysts at Morgan Stanley are now speculating that the Las Vegas gaming market will see higher growth rates than Macau. In a note to clients on Tuesday, Thomas Allen of Morgan Stanley...