Casinos & Gaming

Bally Technologies, Inc. (NYSE: BYI) today announced the completion of a new systems contract with Golden Nugget Atlantic City, the new owner of the former Trump Marina Hotel Casino in New Jersey.

Gabelli & Co. is raising its estimates on Wynn Casinos (NASDAQ: WYNN) after it reported earnings last night. It has a Buy rating on shares. In the note, Gabelli & Co. writes, "We are raising our 2011 and 2012 EPS estimates to $5.90 and $6.70, from $4.20 and $5.40 respectively, following 2Q...

Rodman & Renshaw is out with its report today on Wynn Resorts (NASDAQ: WYNN), raising its PT from $160 to $177. In a note to clients, Rodman & Renshaw writes, "WYNN put up a monster quarter with the help of strong baccarat drop and good luck in Las Vegas. 2Q11 EBITDA topped our estimates...

Jefferies is out with its report today on Wynn Resorts (NASDAQ: WYNN), raising its PT from $189 to $193. In a note to clients, Jefferies writes, "WYNN's 2Q11 outperformance highlighted not only continued strength in Macau, but also a meaningful gain in momentum in LV, which reinforces our view on...

Thus far 2011 has been another excellent year for Wynn Resorts (WYNN) both on the profit side, and the stock appreciation angle.  The stock has advanced some 60% despite a quite heady valuation.  Wynn currently trades near 35x FORWARD earning estimates, even accounting for yesterday's substantial...

Harley-Davidson Inc (NYSE: HOG) shares advanced 5.02% to $43.49 in the pre-market session. HOG reported a strong rise in its second-quarter net income and lifted its forecast of shipments for the full year. Clorox Company (The) (NYSE: CLX) shares advanced 3.23% to $75.40 in the pre-market session...

Morgan Stanley is out with a research report on Wynn Resorts (NASDAQ: WYNN) following the company's earnings report yesterday. It is raising its price target to $165 from $152, but is keeping its Equal-Weight rating on shares. In a note to clients, Morgan Stanley writes, "Once again, we are...

Many traders and investors see the 52-week high or low as an important indicator. Stocks that have a long-term trend in a certain direction are likely to continue, as that trend is the path of least resistance. In this case, shares of Wynn Resorts (NASDAQ: WYNN) are hitting new 52-week highs....

Jefferies & Company has raised the price target on Wynn Resorts (NASDAQ: WYNN) from $189 to $193 and maintains its Buy rating.

Citi has published a report on Wynn Resorts (NASDAQ: WYNN) after 2Q results released. According to Citi, "We continue to rate Wynn Resorts a Sell (3M) for three main reasons. First, we remain cautious on Las Vegas, not only because of inconsistent metrics, particularly gaming revenue, but also...

Citigroup has raised the price target on Wynn Resorts (NASDAQ: WYNN) from $126 to $133.50 and maintains its Sell rating.

Some of the stocks that may grab investor focus today are: Wall Street expects Apple Inc (NASDAQ: AAPL) to report its Q3 EPS at $5.80 on revenue of $24.92 billion. AAPL shares gained 0.34% to $24.92 in after-hours trading. International Business Machines Corp (NYSE: IBM) reported its Q2 profit at...

On CNBC's Fast Money, Scott Nations suggested that investors should buy a call calendar in JPMorgan Chase & Co. (NYSE: JPM) on Tuesday. JPMorgan Chase & Co. (JPM) fell 0.38% on Monday, and closed at $39.83. Brian Kelly thinks that Intrepid Potash, Inc. (NYSE: IPI) is a buy. He is...

Wynn (NYSE: WYNN) reported second quarter revenue above expectations. How did the company manage to top analyst predictions? To figure out why, let's dig into the numbers. Then we can take a closer look at what your next steps should be. The Big Numbers:  The company reported EPS of adjusted net...

Wynn (NYSE: WYNN) reported second quarter revenue above expectations. How did the company manage to top analyst predictions? To figure out why, let's dig into the numbers. Then we can take a closer look at what your next steps should be. The Big Numbers:  The company reported EPS of adjusted net...