Casinos & Gaming

While the February through July time period isn't exactly a fertile time of the year for NFL fans, excluding the April draft, 2011 has provided plenty of headlines and drama as NFL's owners and players have been locked in an epic labor battle that has threatened the 2011 season. Of course, this is...

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....

Shares of Shuffle Master (NASDAQ: SHFL) are lower on the session by 1.85%, currently trading at $9.01. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are buying calls on the name today. A short while ago...

Wynn Resorts Limited (NASDAQ: WYNN) shares rose 0.94% to create a new 52-week high of $164.15. WYNN is all set to report its Q2 earnings after the closing bell. Apple Inc (NASDAQ: AAPL) shares gained 1.03% to create a new 52-week high of $368.67. Apple is scheduled to report its quarterly earnings...

Rodman & Renshaw is out with its report today on Wynn Resorts (NASDAQ: WYNN), raising its PT from $146 to $160. In a note to clients, Rodman & Renshaw writes, "WYNN reports 2Q11 results today after the close. A 4:30 pm EDT conference call is scheduled. We estimate that approximately 73% of...

According to Sterne Agee, Wynn Resorts (NASDAQ: WYNN) estimates are raised. Sterne Agee said that it is raising WYNN estimates ahead of today's 2Q11 earnings release scheduled for after the close. “Our 2Q11 Macau property EBITDA goes to $307.7m from $281.3m, and we inch up Las Vegas EBITDA to $78....

Sterne Agee has raised the price target on Wynn Resorts (NASDAQ: WYNN) from $133 to $146 and maintains its Neutral rating.

US stock futures are lower this morning, as investors are awaiting quarterly earnings from International Business Machines Corp (NYSE: IBM). Futures on the Dow Jones Industrial Average dropped 67 points to 12,385.00 and futures on the S&P 500 stock index fell 7.10 points to 1,307.40. Nasdaq 100...

Another fairly eventful week for summertime trading is in the books and there are looming issues heading into the weekend, but that has been par for the course for almost all of 2011. Chief among those issues is the ability of the Obama administration and congressional leaders to make some headway...

Need to brush up a bit ahead of Monday's announcement? We've got just the thing. Here's your essential guide to Wynn Resorts' second quarter earnings report. Let's Do the Numbers: Wall Street expects a positive EPS reading of 97 cents per share and revenues of $1.26 billion. We'll have to wait...

JP Morgan reiterated its Overweight rating on Pinnacle Entertainment (NYSE: PNK). At the same time, the rating agency raised its price target on the company's s tock from $19 to $20. On Wednesday, PNK closed the day at $15.24.

J.P Morgan is adjusting its price target slightly on Pinnacle Entertainment (NYSE: PNK), moving it from $19 to $20 in advance of 2Q earnings results. In the repot, J.P. Morgan writes, “We are increasing our 2Q11 estimates due to better-than-expected gross gaming revenue results at PNK's L'Auberge...

JP Morgan has raised the price target on Pinnacle Entertainment (NYSE: PNK) from $19 to $20 and maintains its Overweight rating.

Shares of Boyd Gaming (NYSE: BYD) are lower on the session by 1.44%, currently trading at $8.87. The stock has been moving largely lower over the past five months and is currently trading below the 200-day moving average. Options traders are buying puts on the name today. A short while ago the...

Sterne Agee is out with its report today on International Game Technology (NYSE: IGT), upgrading IGT to Buy from Neutral. In a note to clients, Sterne Agee writes, "We are upgrading shares of IGT to Buy from Neutral. We are raising our FY11/FY12 EPS to $0.92/$1.08 from $0.88/$0.98. Our new EPS...