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Benzinga's Bulls And Bears For The Past Week: Comcast, Starbucks, Tesla And More
Monday, July 31, 2017 - 7:54am | 717Benzinga has featured a look at many investor favorite stocks over the past week. Some of those calls featured stocks somewhat appropriate to the summer season. They included beverage, media and auto stocks. We are in the heart of summer, and the markets remain at all-time highs,...
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Barron's Ponders The Future Of Ford
Sunday, May 28, 2017 - 2:45pm | 658The cover story in this weekend's Barron's features a look at the future of an iconic Detroit automaker now that it has a new chief and a new vision. A companion article examines how self-driving vehicles are likely to change society and the U.S. economy. Other featured articles take a look at the...
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Don't Wait For Wynn To Pull Back; Aegis Capital Says Go Ahead And Buy Now
Tuesday, March 21, 2017 - 1:18pm | 412As Macau recovers, so do casino stocks. Wynn Resorts, Limited (NASDAQ: WYNN) shares have rallied over 30 percent year-to-date on the heels of an early Macau recovery. Despite the young turnaround, Aegis analysts are telling investors not to wait for a pullback but to get into Wynn shares now. The...
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Las Vegas Sands Investors: Don't Bet Against The House
Saturday, January 28, 2017 - 2:19pm | 275Shares of Las Vegas Sands Corp. (NYSE: LVS) sold off on Thursday after the company's fourth quarter earnings report consisted of a top and bottom line miss. According to Gadfly's David Fickling, there is one important lesson that holds true for casino patrons and Las Vegas Sands'...
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Macau Bet Pays Off Big Time For Las Vegas Sands
Friday, November 4, 2016 - 10:53am | 295Shares of Las Vegas Sands Corp. (NYSE: LVS) were trading higher by more than 3 percent ahead of Friday's opening bell after the casino operator reported better-than-expected third-quarter results. Thomas Allen of Morgan Stanley maintains an Equal-Weight rating on Las Vegas Sands' stock following...
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Las Vegas Sands Falls 6% Following Top And Bottom Line Miss
Thursday, April 21, 2016 - 6:55am | 332Shares of Las Vegas Sands Corp. (NYSE: LVS) were trading lower by more than 7 percent early Thursday morning after the company reported its first quarter results on Wednesday. Las Vegas Sands said it earned $0.45 per share in the first quarter on revenue of $2.72 billion. Wall Street analysts...
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How To Invest In The Diverging Casino Space
Tuesday, September 8, 2015 - 11:45am | 398Telsey Advisory Group recently initiated coverage of casino stocks and released a new report discussing the current state of the industry. Analyst David Katz sees a major divergence in the casino business these days, and believes that investors should make sure to be on the winning side of the...
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Barron's Recap: The 2015 Midyear Roundtable
Sunday, June 14, 2015 - 9:39am | 845This weekend in Barron's online: the Barron's midyear roundtable, high-yield bond funds with tax-free payouts, as well as the prospects for Prudential Financial, Precision Castparts, Expedia, Denny's, Smith & Wesson and more. Cover Story "Barron's Midyear Roundtable: Picking Your Spots" by...
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Credit Suisse: MGM Is The Best Gaming Stock To Own
Friday, April 17, 2015 - 7:02am | 368Credit Suisse analysts recommended that investors shy away from gaming stocks in favor of other leisure-based activities (lodging, cruise, theme parks and ski resorts). Yet, "if you have to own one, we are sticking with" MGM Resorts International (NYSE: MGM). Credit Suisse said that...
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Activist Investor Explains Why Converting Into A REIT Is The Right Thing For MGM To Do
Wednesday, March 18, 2015 - 12:40pm | 424Shares of MGM Resorts International (NYSE: MGM) spiked on Tuesday's opening and continued to trade higher, closing the day up by over 10 percent. The reason behind this sudden spike was perhaps spurred most strongly by news that activist investors are proposing to convert the company into a...
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Deutsche Bank Likes MGM Resorts At Current Levels
Wednesday, February 4, 2015 - 8:10am | 261Carlo Santarelli of Deutsche Bank on Wednesday commented on the earnings implications for MGM Resorts International (NYSE: MGM) following Las Vegas Strip data from the Las Vegas Convention and Visitors Authority. Santarelli believes that MGM will report a solid fourth-quarter RevPAR (Revenue...
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Deutsche Bank's Quick Take On Macau: No Rebound Expected In December
Tuesday, December 2, 2014 - 12:39pm | 284Carlo Santarelli of Deutsche Bank commented in a note on Tuesday that Macau's 19.6 percent gross gaming revenue decline seen in November was expected and December's gross gaming revenue is also expected to be lower than it was a year ago. Santarelli is projecting gross gaming revenue in...
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Deutsche Bank Highlights Themes In Gaming & Lodging Sector
Thursday, November 20, 2014 - 10:48am | 307Carlo Santarelli of Deutsche Bank hosted companies from the Gaming, Lodging and Leisure space at a recent conference and came away with several key themes. Large-Cap Gaming Takeaways According to Santarelli's discussions with Las Vegas Sands Corp (NYSE: LVS) and MGM Resorts International...
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Dow's Losing Streak Now Stands At 6 Days, S&P 500 And Nasdaq Slightly Positive
Thursday, October 16, 2014 - 4:07pm | 2915U.S. stocks were mixed on Thursday as the Dow Jones index traded lower by 206 points before recouping most of these losses. However, the index closed the day in negative territory for the sixth straight day, despite encouraging U.S. labor data being reported. Speaking to Bloomberg, St. Louis...
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Markets Unable To Hold On To Gains As Oil Continues To Plunge
Tuesday, October 14, 2014 - 3:47pm | 2414U.S. markets ended the day mostly flat after giving up earlier gains. The Dow traded higher by 142 points before ending the day in negative territory. The S&P 500 and Nasdaq indices closed the day almost unchanged. The CBOE Volatility Index fell 7.5 percent to 23.79. Airline stocks traded...