The outcry about overpaid CEOs has gone on for years as the financial press combs SEC statements for outlandish pay packages that sometime run into the tens of millions ... Read Full Story »
The top 1% in the United States are about to get much richer because of the number of corporations that have accelerated dividend payments into 2012 so that their investors ... Read Full Story »
German Economy Stable The ZEW Indicator of Economic Sentiment for Germany improved a bit, which must be a relief for those who believe that Europe's largest economy by gross domestic ... Read Full Story »
In its latest report on gambling revenues in the state, the Nevada Gaming Commission said that total revenue for October 2012 came in at $979 million, up 1.9% compared with ... Read Full Story »
The rate of special dividends from large great American companies is coming at an alarming rate. If the politicos in Washington D.C. are not paying attention to this about how ... Read Full Story »
Casino owner and operator Penn National Gaming Inc. (NASDAQ: PENN) announced this morning that it will spin off its real estate assets into a separate, publicly traded REIT in a ... Read Full Story »
Election Day has come and gone. President Obama won a second term. The current electoral vote was by a margin of about 3 to 2 (unofficial), but the percentage last ... Read Full Story »
U.S. equity markets opened higher this morning following the report on U.S. non-farm payrolls and the U.S. unemployment rate. Payrolls rose by 171,000, better than expected, and the unemployment rate ... Read Full Story »
U.S. equity markets opened higher following a spate of moderately good news on U.S. employment. The ADP report showed job gains (more coverage here), and the report on new claims ... Read Full Story »
Some experts believe that the fiscal cliff may cause a drop in gross domestic product much greater than the Congressional Budget Office estimates. (Reuters) General Motors Co. (NYSE: GM) will ... Read Full Story »
Short sellers have actually lightened up on their bets against the casinos and against the gambling machine makers. Perhaps the drop from the highs has taken the easy ... Read Full Story »
Wynn Resorts Ltd. (NASDAQ: WYNN) may have a distraction for its shareholders now with its ongoing fight between Steve Wynn and Kazuo Okada. Okada's Aruze USA, Inc. has issued an open letter ... Read Full Story »
In its latest report on gambling revenues in the state, the Nevada Gaming Commission said that total revenue for July 2012 came in at $1 billion, up 17% compared with ... Read Full Story »
Short sellers have not unilaterally increased their bets against casinos, but there was a rise in the short interest in this sector's leaders on the August 15 settlement date versus the ... Read Full Story »
Bank of America/Merrill Lynch is making some changes to one of its key lists called the Most Attractive Buy List. The basis for the change is a key bottom or ... Read Full Story »