Casinos & Gaming

Topeka Capital Markets reiterates its Buy rating on Las Vegas Sands Corporation (NYSE: LVS) but reduces its price target from $68 to $65. Topeka Capital Markets comments, "We are reducing our 2012 adj. EPS estimate for LVS from $2.92 to $2.86 and lowering our price target on the stock from $68 to...

The final June reading of the University of Michigan Consumer Sentiment Index is due out this morning and even if it meets the consensus estimate of 74.4, that would be the lowest tally of 2012. The June number would also be about five points below the May reading. Potentially making matters worse...

   ( click to enlarge ) Another trading day another 52 week high for Pharmacyclics, Inc. (NASDAQ: PCYC). The stock closed up over 7% today and 20% in the past seven sessions on monster volume. That means there is some serious support and interest in this stock. PCYC is trading back over all 3...

Las Vegas Sands Corp. (NYSE: LVS) announced today that Michael A. Leven, the company's president and chief operating officer, has signed a new contract that will keep the long-time hospitality veteran at the helm of the organization until the end of 2014. Coming on the heels of the recent...

Shares of the Market Vectors Gaming ETF (NYSE: BJK), the lone ETF devoted exclusively to casino operators and other gambling-related names, are trading lower by 1.4% on volume that's already about 24% above the daily average ahead of what was expected to be a big weekend for sports books. The...

  ( click to enlarge ) RF Micro Devices, Inc. (NASDAQ: RFMD) I'd like to see this close over 4.19 before getting involved.   ( click to enlarge ) eBay Inc (NASDAQ: EBAY) - The 50-Day MA at 38.81 continues to act as a strong support in the near term and big sell-off could be seen only if the...

  ( click to enlarge ) Duke Energy Corporation (NYSE: DUK) Stock price blasted up and out of its week trading range, closing the day near the highs. From a technical standpoint, I believe we are due for a retrace lower here partly due to the overbought conditions. So if that happens we will...

On Wednesday, the Ira Sohn investment conference was held in New York. The Sohn Investment Conference brings together a group of successful investors to present their best investment ideas. The investment ideas presented at Ira Sohn frequently cause large price moves in the individual stocks...

Global gambling revenue jumped to $419 billion last year from $397 billion in 2010 and is forecast to reach $448 billion in 2012, according to Bloomberg. Said another way, more money will be spent on gambling across the globe this year than the economic output of developed countries such as Austria...

According to a research report published this morning, Citi has lowered Las Vegas Sands' (NYSE: LVS) PT from $67 to $66.80. In the report, Citi said, "LVS reported 1Q adjusted EPS of US$0.70, up 89% YoY, beating both our estimate (US$0.58) and Consensus (US$0.60) on strong hold. Reported Net Rev...

Leading global gaming company Las Vegas Sands (NYSE: LVS) released its first quarter earnings results after the closing bell on Wednesday. The company reported GAAP net income attributable to common stockholders of $498.9 million or $0.61 per share, compared to $228.2 million or $0.28 per share, in...

Leading global gaming company Las Vegas Sands (NYSE: LVS) is set to release its fiscal first-quarter earnings results on Wednesday after the closing bell. Going into the print, Wall Street analysts have consensus EPS estimates of $0.59. The high estimate for the company is $0.69 with a low estimate...

According to a research report published this morning, Sterne Agee has increased Las Vegas Sands' (NYSE: LVS) PT from $65 to $68. Sterne Agee commented in the report, "Our 1Q12 Adj EBITDAR goes to $910.8m from $867.6M. Our upward changes mostly reflect channel checked market share and other data...

Las Vegas Sands Corp. (NYSE: LVS), owner of several gambling and entertainment featuring hotels, plans to make a $35 billion investment in gambling resorts in Spain during the next nine years. Chairman Sheldon Adelson announced the expansion plans, and plans to add a new Macau location, at the...

 ( click to enlarge ) Hello Folks !! I'm back from my Easter vacations and ready to keep blogging for your reading :D During today's trading session I was scanning some charts and I stumbled upon Las Vegas Sands Corp. (NYSE: LVS), whose stock has shown remarkable strength over the last four...