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Pinnacle Entertainment to Participate in J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum
Friday, March 25, 2011 - 7:07am | 38Pinnacle Entertainment, Inc. (NYSE: PNK) management will participate in the J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum, to be held in Las Vegas, NV on Monday, March 28.
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UBS Upgrades LVS To Buy
Friday, March 25, 2011 - 5:42am | 41Analysts at UBS upgrade Las Vegas Sands Corp (NYSE: LVS) from “neutral” to “buy.” LVS shares surged 7.46% to close at $41.94 yesterday. More Analyst Ratings here
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Stocks To Watch If Nevada Legalizes Online Gaming
Thursday, March 24, 2011 - 10:31am | 265Today, Nevada will decide whether or not to allow online poker to become legal. This would be the first state to pass such a measure and could start a domino effect in other states. Currently, millions of people gamble online every day but through outside sources since it is illegal in the United...
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Las Vegas Sands Terminates Agreement With Shangri-La, JP Morgan Maintains Overweight Rating
Thursday, March 24, 2011 - 8:21am | 234JP Morgan has published a research report on Las Vegas Sands Corporation (NYSE: LVS) after the company's subsidiary terminated its hotel management agreement with Shangri-La. In the report, JP Morgan writes "The termination was reportedly mutually agreed upon between LVS and Shangri-La. We believe...
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Brean Murray Carret & Co. Reports On SGMS
Wednesday, March 23, 2011 - 7:35am | 95Brean Murray Carret & Co has issued a report on Scientific Games Corp.'s (NASDAQ: SGMS) first quarter metrics tracking. According to the report, "With instant tickets tracking well in Italy and China and lottery jackpots robust in the US, we are more confident that SGMS could generate upside...
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Morgan Stanley Comments On Las Vegas Sands Following DOJ Investigation
Tuesday, March 22, 2011 - 8:39am | 181Morgan Stanley believes that that the Department of Justice's investigation into Las Vegas Sands' (NYSE: LVS) compliance with the Foreign Corrupt Practices Act (FCPA) has a wide range of outcomes but note that FCPA enforcement penalties typically involve modest fines. Given the recent 20% pullback...
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Citi Maintains Sell Rating for Wynn Resorts
Monday, March 21, 2011 - 9:32pm | 179In a report published earlier today, Citi noted that there was still not update regarding Wynn Resorts' (NASDAQ: WYNN) application for government approval of the Cotai project. According to WYNN's 2010 earnings announcement, it “cannot prepare a final timeline or budget until the Macau government...
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Full House Resorts Receives Indiana Gaming License
Thursday, March 17, 2011 - 3:01pm | 65Full House Resorts (NYSE: FLL) announced today that the company has been approved for an Indiana gaming license by the Indiana Gaming Commission. The awarding of the license should enable the company to close on its acquisition of the Grand Victoria Casino and Resort in Rising Sun, Indiana early in...
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Ramesh Srinivasan Promoted to President and COO of Bally Technologies
Thursday, March 17, 2011 - 8:02am | 29Bally Technologies, Inc. (NYSE: BYI) today announced the promotion of Ramesh Srinivasan to President and Chief Operating Officer.
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Mad Money Lightning Round: Cramer Likes Netflix (HCBK, BAC, DIS, ES, SHAW, NFLX, LVS, F, ACW)
Thursday, March 17, 2011 - 1:26am | 351On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Hudson City Bancorp (NASDAQ: HCBK) is a “tough one.” He added, “This is a conservatively run company, but I cannot recommend it until we know what's going on with the dividend." For Bank of America (NYSE: BAC), he said, "Here's...
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Mad Money Lightning Round OT: Cramer Likes HI, Dislikes IGT And SLW
Wednesday, March 16, 2011 - 7:53pm | 188On CNBC's Mad Money Lightning Round OT, Jim Cramer said that Hillenbrand, Inc. (NYSE: HI) is a well run company, with no international exposure. He is a buyer of this stock. Hillenbrand, Inc. (HI) gained 0.29% today, and closed at $21.10. Cramer thinks that International Game Technology (NYSE: IGT...
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Benzinga's Top Downgrades (LVS, HERO, AGCO, AAPL)
Wednesday, March 16, 2011 - 7:31am | 147Las Vegas Sands Corp (NYSE: LVS) was downgraded by Argus from "buy" to "hold." LVS' shares closed at $37.94 yesterday. Las Vegas Sands' trailing-twelve-month ROE is 9.90%. FBR Capital downgraded Hercules Offshore Inc (NASDAQ: HERO) from “market perform” to “underperform.” HERO's stock closed at $5...
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Hot Stock Movers to watch on Wednesday, March 16
Tuesday, March 15, 2011 - 4:41pm | 1494( click to enlarge ) Cleveland BioLabs, Inc. (NASDAQ:CBLI) has been on an amazing run higher over the past two day, breaking again to new highs during today's session. At the present level the stock is incredibly extended. I'm bullish on this stock but in situations like this, I prefer to wait...
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Fast Money Pops & Drops, March 14th (AFL, TOL, NYX, LVS, TIF)
Monday, March 14, 2011 - 8:46pm | 255CNBC Fast Money's Joe Terranova said that AFLAC Incorporated (NYSE: AFL) dropped 2.97% on Monday, on the concerns about a potential insurance liability that might arise from the earthquake in Japan. Stifel Nicolaus downgraded Toll Brothers, Inc. (NYSE: TOL) to "Sell" today, and the stock fell 2.55...
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Benzinga's Top Downgrades (SCG, LVS, TOL, OPEN)
Monday, March 14, 2011 - 7:19am | 147SCANA Corporation (NYSE: SCG) was downgraded by BofA/Merrill from "neutral" to "underperform." SCG's shares closed at $40.05 on Friday. SCANA's PEG ratio is 2.80. Jefferies downgraded Las Vegas Sands Corp (NYSE: LVS) from “buy” to “hold.” LVS' stock closed at $40.06 on Friday. Las Vegas Sands'...