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Options Outlook for the Week of December 9: Markets Still Holding Up
Monday, December 9, 2013 - 8:26am | 248Read More...Markets have held up well as mentioned last week. Banks continue to slow fade, but show no real signs of movement to the downside. Oddball names such as Las Vegas Sands (NYSE: LVS) and Wynn Resorts (NASDAQ: WYNN) caught a bid over the week leading to some nice long trades, it'd be pertinent to...
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Earnings Scheduled For October 17, 2013
Thursday, October 17, 2013 - 3:43am | 627Read More...Baxter International (NYSE: BAX) is expected to report its Q3 earnings at $1.19 per share on revenue of $3.81 billion. Dover (NYSE: DOV) is projected to report its Q3 earnings at $1.50 per share on revenue of $2.31 billion. The Goldman Sachs Group (NYSE: GS) is estimated to report its Q3 earnings...
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BofA/Merrill Lifts Targets On Casino & Gaming Stocks Amid Continued Recoveries In Macau, Vegas
Tuesday, October 8, 2013 - 12:18pm | 327Read More...In a report published Tuesday, Bank of America/Merrill Lynch's Shaun Kelley raised estimates for three companies in the Casino & Gaming industry. The analyst believes improvements in both Macau and Vegas will help the group. Kelley highlighted the following points on Macau: October Golden...
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Selectica Announces Changes in Executive Leadership
Wednesday, August 7, 2013 - 7:11am | 553Read More...Selectica, Inc. (NASDAQ: SLTC), provider of software that accelerates sales cycles and streamlines contract processes, today announced changes to the executive team. The Board of Directors has appointed Board member Michael Brodsky as Chairman and Interim Chief Executive Officer to lead the...
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Notable Earnings Due Out After the Close Jul. 24th
Wednesday, July 24, 2013 - 2:41pm | 210Read More...Traders should be watching the following stocks during this afternoon's post-market session as they will be reporting quarterly results: Akamai (NASDAQ: AKAM) Baidu (NASDAQ: BIDU) Cheesecake (NASDAQ: CAKE) Citrix (NASDAQ: CTXS) Crocs (NASDAQ: CROX) E*TRADE (NASDAQ: ETFC) F5 (NASDAQ: FFIV)...
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Benzinga's Top Upgrades
Tuesday, July 2, 2013 - 7:22am | 122Read More...Analysts at Raymond James upgraded JPMorgan Chase & Co (NYSE: JPM) from “outperform” to “strong buy.” The target price for JPMorgan has been raised from $55 to $64. JPMorgan's shares closed at $52.49 yesterday. Analysts at Credit Suisse upgraded PetroChina Company (NYSE: PTR) from “neutral” to...
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Lazard Sees Better-Than-Expected Macau Sales, Raises Estimates, Targets on Las Vegas Sands, Wynn
Thursday, June 20, 2013 - 2:30pm | 211Read More...In a report published Thursday, Lazard's Jake Fuller raised his price target on Wynn (NASDAQ: WYNN) from $145 to $155 and his target on Las Vegas Sands (NYSE: LVS) from $66 to $69. Fuller raised his estimates on both companies, citing Macau sales which appear to be trending stronger than...
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Sands China Receives Macau Government Approval of Transmission of Rights of Apart-Hotel
Wednesday, June 5, 2013 - 5:18am | 215Read More...Sands China Ltd. (HK:1928), a majority-owned subsidiary of global resort developer Las Vegas Sands Corp. (NYSE: LVS), announced today that the Macao SAR government has approved the transfer of the rights necessary for the company to sell shares in a co-op fashion to prospective buyers interested in...
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Citi Highlights Macau Gambling Revenue At or Near Record Highs for Second Time in Two Months
Tuesday, May 21, 2013 - 4:09pm | 132Read More...Citigroup issued a note Tuesday morning suggesting Macau's gambling revenues may reach 30.5B patacas for May, following a record setting 31.3B in revenue for the month of March. The model behind Citi analyst Anil Daswani's figures assumes an average daily run rate of 954M patacas for the remainder...
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Las Vegas Sands Shares Higher as BofA Says Co. Should Spin-Off Asian Malls, Buyback Shares
Tuesday, May 14, 2013 - 10:39am | 122Read More...Las Vegas Sands (NYSE: LVS) responding positively following comments from BofA analyst LVS is up nearly 2% at last check amid BofA analyst Shaun Kelley's assessment of Las Vegas Sands as being “under levered” compared to its competitors. Kelley noted that LVS could increase its debt two times...
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Macau Is Hot: China's Version of Vegas Providing Excellent Prospects for These Entertainment Stocks
Friday, May 10, 2013 - 8:34am | 918Read More...Gambling is akin to trading, but with much more risk of failure. Everyone knows Las Vegas as the gambling capital of the United States, but Macau is hot and growing. Macau is designated a special administrative region of China, which means the area has the backing of the...
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Earnings Scheduled For May 1, 2013
Wednesday, May 1, 2013 - 3:58am | 758Read More...Mastercard (NYSE: MA) is projected to report its Q1 earnings at $6.17 per share on revenue of $1.93 billion. Time Warner (NYSE: TWX) is estimated to report its Q1 earnings at $0.74 per share on revenue of $7.12 billion. The Clorox Company (NYSE: CLX) is expected to report its Q3 earnings at $1.06...
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Major Casino Stocks Lower Despite Bullish Macau Comments from Citi
Tuesday, March 12, 2013 - 11:05am | 152Read More...Shares of Melco Crown (NASDAQ: MPEL), Las Vegas Sands (NYSE: LVS), MGM (NYSE: MGM) and Wynn Resorts (NASDAQ: WYNN) are each trading lower Tuesday morning despite an earlier bullish note from Citigroup's Anil Daswani. The analyst boosted his March estimate for gross gaming revenue in Macau from 28...
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Sterne Agee Points to 'Strong' Macau Trends During Beginning of March
Monday, March 11, 2013 - 9:31am | 107Read More...Sterne Agee's David Bain issued a note earlier highlighting gaming trends in Macau which are "off to a strong start" in March. The analyst said the run-rate through March 10th is up more than 30 percent from last year to 34.4 billion patacas. Bain's favorite picks for the region are Melco Crown (...
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Las Vegas Sands Responds to Media Reports that Company Violated Anti-Bribery Provisions of Foreign Corrupt Practices Act
Monday, March 4, 2013 - 6:28am | 267Read More...Las Vegas Sands Corp. (NYSE: LVS) on Sunday fired back at various media headlines and press reports that have suggested that the company violated any of the anti-bribery provisions of the Foreign Corrupt Practices Act (FCPA). The company did not report any violations of the anti-bribery provisions...
