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Insider Buys Of The Week: Hain Celestial, Newell Brands, Wynn Resorts
Sunday, November 18, 2018 - 4:48pm | 619Insider buying can be an encouraging signal for potential investors. Some notable insider buys last week came in the wake of quarterly reports. A father and son added to their stakes in a top consumer products company. Conventional wisdom says that insiders and 10-percent owners really only buy...
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Benzinga's Weekly Bulls & Bears: AbbVie, Kinder Morgan, Paypal, Starbucks, Wynn And More
Sunday, February 4, 2018 - 1:28pm | 765Benzinga has featured a look at many investor favorite stocks over the past week. Bullish calls featured a top biotech, an online payment company and an energy infrastructure giant. Bearish calls included a leading coffee chain, REITs and a hotel operator in the news. Volatility came...
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Benzinga's Bulls & Bears For The Past Week: Apple, Tesla, Twitter And More
Sunday, August 6, 2017 - 2:50pm | 643Benzinga has featured a look at many investor favorite stocks over the past week. Bullish calls included a look at the iPhone maker and at a top biotech. Bearish calls featured the leading electric vehicle maker and the president's favorite social media platform. The calendar page has...
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Wynn's Insider Buying: Here's What You Need To Know
Thursday, April 14, 2016 - 9:46am | 504Shares of Wynn Resorts, Limited (NASDAQ: WYNN) gained more than 1.5 percent Thursday morning as investors and traders were likely encouraged by recent multiple insiders buying company shares since the start of 2016. Stephen Wynn, Wynn Resorts' CEO, acquired 71,275 shares in the open market...
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Disappointing Guidance Out Of Wynn Weighing On Casino Stocks
Wednesday, April 6, 2016 - 7:42am | 225Casino stocks were trading mostly lower Wednesday morning after Wynn Resorts, Limited (NASDAQ: WYNN) announced its preliminary first-quarter results. Wynn Resorts reported preliminary first-quarter revenue from its operations in Macau to be $603 million to $613 million – marking a decrease...
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Ms. Wynn Vs. Mr. Wynn
Wednesday, April 6, 2016 - 7:29am | 390Elaine Wynn, ex-wife to Wynn Resorts, Limited (NASDAQ: WYNN)'s CEO Steve Wynn issued some scathing remarks concerning her former husband's business practices. Elaine Wynn, a co-founder of Wynn Resorts, said on Tuesday that Steve Wynn "set a tone at the top of the company that has given rise to...
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3 CEOs Making Large Insider Purchases
Wednesday, February 17, 2016 - 9:53am | 655Insiders continue to take advantage of the ongoing market volatility to snap up seeming bargains. Notable insider purchases this past week came from three prominent chief executives. Strong insider buying is often considered a positive sign for investors, particularly during volatile times....
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Why Is Wynn Resorts Up Big?
Friday, January 15, 2016 - 12:03pm | 157Shares of Wynn Resorts, Limited (NASDAQ: WYNN) spiked higher by more than 9 percent on Friday after the company reported its preliminary fourth quarter and full year 2015 revenue results. Wynn Resorts said that it expects its total revenue in the fourth quarter to be $939 million to $955 million....
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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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Wynn Resorts' Money-Laundering Investigation: 8 Things People Are Saying
Thursday, November 20, 2014 - 5:15pm | 613Wynn Resorts, Limited (NASDAQ: WYNN) shares fell on Thursday after a report surfaced that revealed the casino operator is being investigated by the U.S. Attorney, IRS and DEA for potential money-laundering. Aside from the market's reaction, what's the social media world think of the...
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Markets Rally On Better Than Expected GDP; Dow Has Best Close In More Than A Month
Thursday, October 30, 2014 - 4:09pm | 1851U.S. stocks rose on Thursday after government data showed the U.S. economy grew 3.5 percent in the third quarter, better than the 3.0 percent expected. Investors brushed off a poor reading on the number of Americans filing for jobless benefits, which rose last week in favor of GDP data; this...
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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...
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Las Vegas Sands' China Woes
Tuesday, October 14, 2014 - 3:01pm | 734When trouble rears its ugly head in the financial world, China frequently becomes part of the conversation. Las Vegas Sands Corp. (NYSE: LVS) knows this all too well. Macau As a leader in both gaming and lodging, much of the company’s revenue has come from Macau, China. As Zack...
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Morgan Stanley Is More Positive On Vegas Than On Macau
Tuesday, August 26, 2014 - 2:24pm | 863Forbes once described the Macau gaming market as being "Vegas on steroids." While this may be true, analysts at Morgan Stanley are now speculating that the Las Vegas gaming market will see higher growth rates than Macau. In a note to clients on Tuesday, Thomas Allen of Morgan Stanley...
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Markets Gather Some Momentum As Volume Remains Light, Geopolitical Tension Improving
Thursday, August 14, 2014 - 3:37pm | 2822U.S. stocks rose to close the day with moderate gains despite a larger than expected increase in jobless claims. “The end of 2015 Q1 is still my preferred liftoff date,” St. Louis Fed President Jim Bullard told The Wall Street Journal. The end of the first quarter is ahead of the...