Casinos & Gaming

Near-Term Momentum in Macau to Continue — We recommend owning the Macau names into solid anticipated 1Q results, with continued momentum likely through the May Day Holiday and Galaxy Macau Grand Opening (scheduled for 15 May). With tight property transaction measures and policies to curb inflation...

Best 1) Community Health Systems (NYSE: CYH): Shares have continued to build on earlier gains, currently up 18.77% to $30.75; sitting near the highs of the day. Skepticism has grown about Tenet Healthcare's (NYSE: THC) lawsuit against the company. The stock took a huge hit in yesterday's session...

Best 1) Community Health Systems (NYSE: CYH): Shares are surging 13.09% to $2.32 as skepticism grows about Tenet Healthcare's (NYSE: THC) lawsuit against the company. The stock took a huge hit in yesterday's session, trading down as low as $22.32 after Tenet's lawsuit alleging illegal admission...

Hudson Securities is out with a research note on Las Vegas room rates. This affects casino stocks, such as Las Vegas Sands (NYSE: LVS), Wynn (NASDAQ: WYNN) and MGM (NYSE: MGM). In a note to investors, Hudson writes, "“Event-Driven” continues to be the buzzword in Las Vegas. On a weak convention...

WMS Industries (NYSE: WMS) has hit a 52-week low in today's trading. At last check the year-to-date performance of WMS has been a loss of 32.6%.

Best 1) Community Health Systems (NYSE: CYH): Shares are vaulting 16.57% to $30.18. The stock took a huge hit in yesterday's session, trading down as low as $22.32 after Tenet Healthcare (NYSE: THC) filed a lawsuit against the company alleging illegal admission of patients in order to benefit...

General Finance Corporation (NASDAQ: GFNCL) fell 20.00% to $2.80 at 9:55 am. GFNCL's trailing-twelve-month ROE is -5.35%. WMS Industries Inc (NYSE: WMS) shares dropped 15.27% to $30.69. WMS projects to report downbeat earnings for the third quarter. CompuCredit Holdings Corporation (NASDAQ: CCRT...

Wells Fargo Reported that it is initiating coverage on Ryder Systems (NYSE: R) with an Outperform rating. It is dropping research coverage on EPIQ Systems (NASDAQ: EPIQ), final rating is Outperform. Earnings estimates on Deere & Co (NYSE: DE) are revised up to $6.18 from $6.10 for FY2011....

Buckingham has downgraded WMS Industries (NYSE: WMS) from Buy to Neutral.

WMS Industries (NYSE: WMS) lowered FY11 revenue guidance to $790-$800 mn, below Goldman's $818 mn estimate, consensus of $833 mn, and prior guidance of $833-$850 mn due to lower-than-anticipated new unit demand, execution challenges, and a slower pace of regulatory approvals due to increased...

Medivation Inc (NASDAQ: MDVN) was downgraded by Roth Capital from "buy" to "neutral." MDVN's shares closed at $20.48 yesterday. Medivation's trailing-twelve-month ROE is -206.55%. Jefferies downgraded WMS Industries Inc (NYSE: WMS) from “buy” to “hold.” WMS' stock closed at $36.22 yesterday. WMS...

Jefferies & Co. is lowering its price target on shares of Int'l Game Tech. (NYSE: IGT) to $16 from $17, and it has a Hold rating on shares. In a note to investors, Jefferies writes, "While our view has been that our estimates for IGT and the Street's expectations for the company have been...

Deutsche Bank is lowering its PT on shares of International Game Technology (NYSE: IGT) from $22 to $19. International Game Technology closed Monday at $15.89.

Deutsche Bank is lowering its PT on shares of Bally Technologies, Inc. (NYSE: BYI) from $42 to $40. Bally Technologies closed Monday at $38.57.

Deutsche Bank is lowering its PT on shares of WMS Industries Inc. (NYSE: WMS) from $55 to $40. WMS Industries closed Monday at $36.22.