Casinos & Hotels

hotel

Starwood Hotels Beats Q1 Earnings Estimates

Starwood Hotels & Resorts Worldwide Inc. (NYSE: HOT) released its first-quarter earnings report before the markets opened on Tuesday. The company said it had $0.70 in earnings per share (EPS) ...
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What to Look for in Starwood Hotels Earnings

Starwood Hotels & Resorts Worldwide Inc. (NYSE: HOT) is scheduled to report its first-quarter financial results before the markets open on Tuesday. The consensus estimates from Thomson Reuters are calling ...
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Las Vegas Sands Asian Revenues Plummet

Las Vegas Sands Corp. (NYSE: LVS) stock traded down nearly 12% at one time Thursday morning after the company reported revenues below consensus estimates and profits that were far below ...
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Las Vegas Sands Sees Profit Taking on Disappointing Earnings and Revenues

Las Vegas Sands Corp. (NYSE: LVS) has gone from out of favor with the Macau casino exposure to being back in favor. A 50% rally from its low of $34.88 ...
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Red Rocks Resorts Announces Potential Pricing of IPO

Red Rocks Resorts has filed an amended S-1 form with the U.S. Securities and Exchange Commission (SEC) for its initial public offering (IPO). The company intends to price its 27.25 ...
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MGM REIT to Raise $1.2 Billion in IPO

MGM Growth Properties, a real-estate investment trust (REIT) that will be controlled by MGM Resorts International (NYSE: MGM), filed documents with the U.S. Securities and Exchange Commission (SEC) Friday morning ...
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Las Vegas Sands Settles FCPA Charges With SEC

The U.S. Securities and Exchange Commission (SEC) recently announced that Las Vegas Sands Corp. (NYSE: LVS) has agreed to pay $9 million in penalties to settle charges that it violated ...
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Has Marriott Snatched Defeat From the Jaws of Victory?

Marriott International Inc. (NYSE: MAR) has won the battle for Starwood Hotels and Resorts Worldwide Inc. (NYSE: HOT) after an investment team lead by Chinese insurer Anbang folded its tent ...
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Carnival cruise ship

Why Analysts Are High on Carnival

Lower fuel costs and increased bookings led to a tripling of earnings at Carnival Corp. (NYSE: CCL) for its first fiscal quarter of 2016. The operator of Princess, Cunard, and ...
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Carnival cruise ship

What to Expect From Carnival Q1 Earnings

Carnival Corp. (NYSE: CCL) is scheduled to report its fiscal first-quarter financial results before the markets open on Wednesday. The consensus estimates from Thomson Reuters call for $0.32 in earnings per ...
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Starwood Gets Sweetened Bid From Chinese Buyers

The Chinese consortium led by Anbang Insurance Group has raised its bid for Starwood Hotels and Resorts Worldwide Inc. (NYSE: HOT) to $82.75 per share in a non-binding, all-cash offer ...
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Carnival cruise ship

Why There Is Smooth Sailing Ahead for Carnival

Lots of issues have sunk Carnival Corp. (NYSE: CCL) shares this year by 10%, ranging from worries about the Zika virus to actual illness of passengers from the norovirus on the Carnival ...
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Will Caesars Entertainment Survive the Damning Examiner’s Report?

Embattled casino operator Caesars Entertainment Corp. (NYSE: CZR) was dealt another blow Tuesday when a nonbinding examiner’s report determined that $3.6 billion to $5.1 billion worth of assets were unfairly stripped ...
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Red Rocks Updates IPO Filing

Red Rocks Resorts has filed an amended S-1 form with the U.S. Securities and Exchange Commission (SEC) for its initial public offering (IPO). No pricing details were given in the ...
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Starwood, Marriott Deal Gets Competition From Chinese Buyer

Shares of Starwood Hotels & Resorts Worldwide Inc. (NYSE: HOT) popped about 10% in Monday's premarket, following an announcement by the company that it has received a non-binding buyout offer of $76 ...
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