Casinos & Gaming

Monarch Casino & Resort (NASDAQ: MCRI) Reports EPS $0.09 vs. $0.15 Estimate; Revenues $33.33M vs. $35.15M Estimate

Monarch Casino & Resort, Inc. (NASDAQ: MCRI), owner of the Atlantis Casino Resort Spa (the "Atlantis") in Reno, Nevada, today announced results for the quarter ended March 31, 2011. The Company reported net revenue of $33.3 million, $1.1 million, or 3.2%, lower than the $34.4 million reported...

Cusick's Corner RISK ON -- trading in a growthflationary (growth & inflationary atmosphere) market is really on! This market clearly had more pent up demand than expected. The headlines in the last two sessions were what most market watchers thought would bring this rally to its knees but then...

Shares of Wynn Resorts (NASDAQ: WYNN) are up 7.41% on Wednesday to a new high of $149.22 after the company reported better than expected earnings. WYNN reported earnings per share of $1.38 compared to $0.27 in the year ago period. This beat analysts' consensus EPS estimates of $0.72 by a very...

Sterne Agee is raising its price target on shares of Wynn Resorts Ltd. (NASDAQ: WYNN) to $133 from $123, but it still has a Neutral rating on shares after the casino company reported earnings last night. In a note to clients, Sterne Agee writes, "We believe WYNN will lose some share in Macau post...

Nothing new in terms of catalysts for Wynn Resorts (WYNN) - Macau very strong (new casino/hotel helped big time)... and even Las Vegas showed some good pick up (finally).  The ability to raise room rates in Las Vegas is a good sign.  The stock has had an excellent 6 months, up over 80% in steady...

Hudson Securities is out with a research report this morning, where it reiterates its Hold rating on Wynn Resorts (NASDAQ: WYNN); it has a $146.00 price target on the stock, up from $129.00. The HS analysts cited the company's recent earnings results, which beat expectations. High hold in Las...

Morgan Stanley increased the price target on VMware (NYSE: VMW) from $98.00 to $112.00, and on Wynn Resorts (NASDAQ: WYNN) from $126.00 to $130.00. Estimates are increased on Johnson & Johnson (NYSE: JNJ). Price targets are decreased on Cree (NASDAQ: CREE) from $36.00 to $34.00, and estimates...

Deutsche Bank has raised its price target on Wynn Resorts (NASDAQ: WYNN) from $141 to $148 based on a strong 1Q. Says Deutsche Bank, in its report, “An uncannily favorable hold in LV during 1Q (and above-average mass mkt hold in Macau) fueled a good part of WYNN's big EPS & EBITDA beat, but...

Jefferies is reiterating its Buy rating and has raised its price target from $141 to $174 on Wynn Resorts (NASDAQ: WYNN), a company that it classifies as Best In Class. Says Jefferies, in the report, “The strong 1Q11 earnings results, together with indications of continued accelerating dynamics in...

Jefferies & Company has raised the price target on Wynn Resorts (NASDAQ: WYNN) from $141 to $174 and maintains its Buy rating.

Deutsche Bank has raised the price target on Wynn Resorts (NASDAQ: WYNN) from $141 to $148 and maintains its Buy rating.

Below are the top diversified computer systems stocks on the NYSE in terms of cash. International Business Machines Corp (NYSE: IBM) had $11.68 billion in total cash and $28.62 billion in total debt for the latest quarter. Hewlett-Packard Company (NYSE: HPQ) had $9.93 billion in total cash and $...

 ( click to enlarge ) In just three weeks, Melco Crown Entertainment Ltd (NASDAQ:MPEL) had gone up from $8 per share to its current value of $9.72, that's almost 20%. Today, the stock made a new 52-week high of $9.99. So far this year, the stock has soared over 60%. At this level the stock...

Shares of Wynn Resorts, Limited (NASDAQ: WYNN) are up 2.5% in after-hours trading after the casino operator reported better than expected earnings. The company earned $1.39 per share in the first quarter on revenues of $1.26 billion, better than the 72 cents and $1.15 billion in revenues Wall...