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Markets on the Move after US Employment Data
Friday, April 1, 2011 - 1:46pm | 971Cusick's Corner Jobs, that is what the market was greeted with this morning, Payrolls up over the 200k mark and Unemployment still dropping, 8.8%. The market tore up on the open and has held into the Midday. The question is how you play the rising risk of inflation and growth. One might look at...
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Wynn Surges On Macau Revenue Growth (WYNN)
Friday, April 1, 2011 - 11:09am | 96Shares of Wynn Resorts (NASDAQ: WYNN) gapped up this morning at the open and have continued to move higher. The stock is currently trading up 6.44% to $135.35. The move appears to be attributable to a report that showed that gaming revenue in Macau, the primary growth market for WYNN, were up 48%...
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Stifel Nicolaus Upgrades Las Vegas Sands to Buy (LVS)
Friday, April 1, 2011 - 8:20am | 126Stifel Nicolaus is out with its report today on Las Vegas Sands (NYSE: LVS), upgrading LVS from Hold to Buy. In a note to clients, Stifel Nicolaus writes, "Given the strong sell-off (20% since its 52 week high on 11/10 vs. S&P +9%), we are upgrading shares from Hold to Buy and establishing a $...
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Las Vegas Sands Defended By Tier 1 Firm (LVS)
Thursday, March 31, 2011 - 10:49am | 23Hearing that Las Vegas Sands (NYSE: LVS) is defended by a top tier research firm.
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Century Casinos Reports Q4 EPS of $0.03 vs. $0.01
Thursday, March 31, 2011 - 9:02am | 27Century Casinos, Inc. (NASDAQ: CNTY) today announced its financial results for the three months ended December 31, 2010. Revenue $15.63M EPS $0.03
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Penn National Gaming Moving Up 6% On Heavy Volume (PENN)
Wednesday, March 30, 2011 - 1:16pm | 72Penn National Gaming, Inc (NASDAQ: PENN) shares are moving sharply higher today, gaining more than 6% on heavy volume. At last check, 1.4 million shares have traded already so far, more than double the 600,000 shares it normally trade. At last check, shares were up $2.05 to $36.68, a gain of 5.9...
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Gaming Partners International Reports Q4 EPs of $0.12
Tuesday, March 29, 2011 - 3:17pm | 88Gaming Partners International Corporation (Nasdaq: GPIC) today announced financial results for the fourth quarter. For its fourth quarter of 2010, the Company posted revenues of $16.6 million and net income of $1.0 million, or $0.12 per basic and diluted share. These results compare to revenues...
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Isle of Capri Casinos Successfully Refinances Credit Facility
Tuesday, March 29, 2011 - 7:32am | 63Isle of Capri Casinos, Inc. (Nasdaq: ISLE) announced today that it has successfully completed the refinancing of its senior secured credit facility by entering into an amended and restated senior secured credit agreement. The New Credit Facility is comprised of a $300 million revolving credit...
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Pinnacle Entertainment Names Carlos Ruisanchez CFO
Monday, March 28, 2011 - 3:27pm | 81Pinnacle Entertainment, Inc. (NYSE: PNK) announced today that Carlos Ruisanchez, 40, currently the Company's Executive Vice President of Strategic Planning and Development, has been named to the additional role of Chief Financial Officer. The appointment is effective April 1, 2011, subject to...
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Canterbury Park Holding Corporation Reports Q4 EPS of $0.04
Monday, March 28, 2011 - 3:00pm | 75Canterbury Park Holding Corporation (NASDAQ: CPHC) today announced financial results for the fourth quarter ended December 31, 2010. The Company's net revenues in the fourth quarter were $8.7 million, up 7.2% from revenues of $8.1 million during the same period in 2009. The Company reported net...
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Full House Resorts Terminates Nevada State Bank Credit Facility
Monday, March 28, 2011 - 7:39am | 88Full House Resorts (NYSE: FLL) announced today that, in conjunction with its previously announced pending acquisition of the Grand Victoria Casino and Resort in Rising Sun, Indiana, the Company has terminated its existing Nevada State Bank credit facility. The Company had no borrowing on the...
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Jefferies Has Buy On Wynn Resorts (WYNN)
Monday, March 28, 2011 - 6:41am | 258Jefferies & Co. has a Buy rating and a $130 price target on shares of Wynn Resorts, Limited (NASDAQ: WYNN). In a note to investors, Jefferies writes, "Wynn Resorts (WYNN, $127.03, Buy) announced a strategic alliance with PokerStars, which is the world's largest online poker business. The...
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Top 4 NYSE Stocks In The Recreational Goods, Other Industry With The Highest Revenue (BC, WMS, MOV, LVB)
Monday, March 28, 2011 - 1:08am | 127Below are the top recreational goods, other stocks on the NYSE in terms of revenue. The trailing-twelve-month revenue at Brunswick Corporation (NYSE: BC) is $3.40 billion. BC had $636.10 million in total cash for the recent quarter. The trailing-twelve-month revenue at WMS Industries Inc (NYSE:...
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WYNN-ing! Wynn Resorts Announces PokerStars Partnership
Friday, March 25, 2011 - 10:23am | 196According to the Las Vegas Review-Journal, Wynn Resorts Ltd. (NASDAQ: WYNN) is joining forces with PokerStars. The deal will allow Wynn and PokerStars to operate an online gambling site in the United States, but only if federal legislation paves the way. The Las Vegas Review-Journal said that...
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Benzinga's Top Upgrades (ALTR, UTIW, LVS, AKAM)
Friday, March 25, 2011 - 7:15am | 136Altera Corporation (NASDAQ: ALTR) was upgraded by Citigroup from "hold" to "buy." ALTR's shares closed at $42.42 yesterday. Altera's PEG ratio is 1.00. Stifel Nicolaus upgraded UTi Worldwide Inc (NASDAQ: UTIW) from “hold” to “buy.” UTIW's shares closed at $18.90 yesterday. UTi Worldwide's PEG...