Casinos & Gaming

Analysts at Jefferies & Company upgraded Jarden Corporation (NYSE: JAH) from “hold” to “buy.” Jarden's shares closed at $33.21 yesterday. Jarden's PEG ratio is 0.96. Analysts at Oppenheimer upgraded Wintrust Financial Corporation (NASDAQ: WTFC) from “perform” to “outperform.” WTFC's shares...

Cusick's Corner What does an animal do when it is cornered? It gets scared, might even cower, but more times than not it fights back which could best characterize the longs that are in this market now. VIX popped this morning, +15.4%, and the longs that were recently entering the market are in...

Here are today's mid-day options volume leaders… 1. Apple Inc. (NASDAQ: AAPL) 153,467 contracts, 64.1% calls, 35.9% puts 2. Bank of America (NYSE: BAC) 148,142 contracts, 35.0% calls, 65.0% puts 3. Citigroup Inc. (NYSE: C) 82,568 contracts, 55.3% calls, 44.7% puts 4. JP Morgan Chase (NYSE: JPM) 81...

Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels. The following stocks hit new 52-week highs in Friday's trading session (listed from highest total volume to lowest): 1) Melco Crown Entertainment (NASDAQ:...

The book value of a stock, in simple terms, is what you get when you sell off all the corporations assets, pay off all the debts, and divide up what is left among the shareholders. Therefore, if you are buying a stock at a price below book value, you are getting a pretty good value. There are many...

Among the stocks that are moving lower on Friday in the after hours trading session are Apollo Group (NASDAQ: APOL), True Religion (NASDAQ: TRLG) and International Game Technology (NYSE: IGT). APOL -2.05% to $47.88 TRLG -1.84% to $29.52 IGT - 2.10% to $17.88

The S&P 500 lost 9.4 points, or 0.7%, in Friday's trading session, as a weaker-than-expected jobs report put an end to the recent market rally. The SPX is now 26.78 points lower than its 52-week high of 1370.58, which was set on May 2nd. The Sector breakdown for Friday's session is as follows...

Jefferies & Co. is out with a research report on the gaming market in Illinois. One name mentioned in the report is Boyd Gaming (NYSE: BYD). It has a Hold rating and a $10 price target on shares. In a note to clients, Jefferies & Co. writes, "We believe that the IL rev results were within...

Bank of America reiterated its Buy rating on MGM Resorts (NYSE: MGM). At the same time, the rating agency decided to leave its price target on the company's stock unchanged at $20.

Jefferies & Company has changed price targets on the following companies: Cigna (NYSE: CI) Buy, from $62 to $64 Edison International (NYSE: EIX) Buy, from $44.50 to $44 Franklin Resources (NYSE: BEN) Hold, from $130 to $135 GrafTech International (NYSE: GTI) Buy, from $30 to $28 Metals USA...

Jefferies is out with its report today on Bally Technologies (NYSE: BYI), maintaining Buy. In a note to clients, Jefferies writes, "With the collection of flimsy theses and missed expectations, investors' trepidation on equipment companies has been sensible. However, we believe a change is...

Jefferies is out with its report today on WMS Industries (NYSE: WMS), lowering its PT from $36 to $32. In a note to clients, Jefferies writes, "Recent market dynamics as well as industry channel checks suggest that the domestic market conditions and WMS' present competitive positioning warrant a...

Morgan Stanley has initiated coverage on MGM Resorts (NYSE: MGM) with an Equal-weight rating and $17 price target.

JP Morgan made a number of updates on gaming in a research report published today. Las Vegas Sands (NYSE: LVS) had its rating reiterated at Overweight. At the same time, its price target was raised from $55 to $56. On Thursday, LVS added 3.38% to its value to end the day at $45.30. Its shares lost...

Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels. The following stocks hit new 52-week highs in Thursday's trading session (listed from highest total volume to lowest): 1) Shares of Level 3 Communications hit...