No Laughs at Wynn Resorts
ThinkstockWynn Resorts Ltd. (NASDAQ: WYNN) reported fourth quarter and full year 2012 results after markets closed today. For the quarter, the casino and resort operator posted adjusted diluted earnings per share (EPS)…
ThinkstockWynn Resorts Ltd. (NASDAQ: WYNN) reported fourth quarter and full year 2012 results after markets closed today. For the quarter, the casino and resort operator posted adjusted diluted earnings per share (EPS)…
U.S. equity markets opened lower this morning following a mixed bag of data on the U.S. economy and mixed earnings results out this morning. In Europe, Germany’s retail sales fell sharply this…
ThinkstockLas Vegas Sands Corp. (NYSE: LVS) reported fourth-quarter and full-year 2012 results after markets closed today. For the quarter, the casino and resort operator posted adjusted diluted earnings per share (EPS) of…
U.S. equity markets opened mixed this morning following a depressing report on U.S. GDP growth, which turned out to be negative (more coverage here). Even a good jobs report from ADP couldn’t…
U.S. equity markets opened mixed this morning, with the Nasdaq Composite lower on a weak quarterly earnings report last night from Intel Corp. (NASDAQ: INTC). The big news for today came out…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen so far this Friday from Wall St. research calls: ArcelorMittal (NYSE: MT) raised to Neutral from Sell at Goldman…
ThinkstockThe Hong Kong-based subsidiary of MGM Resorts International Inc. (NYSE: MGM) has received approval from the government of Macau to build a second casino and hotel on the Chinese-controlled island’s Cotai Strip.…
ThinkstockRevenue rose to $35 billion at the Chinese special administrative region of Macau in 2012, up 13.5% for the year after posting a record rise of nearly 20% in December. Predictions of…
Thinkstock 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 of dollars.…
ThinkstockThe 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 can avoid…
ThinkstockGerman 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 product continues…
ThinkstockIn 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 October 2011.…
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 taxes will…
ThinkstockCasino 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 transaction that…
ThinkstockElection 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 seen was…