Sands IPO Continues to Highlight Macau Risks (LVS, WYNN, MPEL, MGM)
Las Vegas Sands Corp. (NYSE: LVS) failed to see any huge boost of its Asian asset IPO in Hong Kong. Shares fell 10% on its debut that raised about $2.5 billion. Sands…
Las Vegas Sands Corp. (NYSE: LVS) failed to see any huge boost of its Asian asset IPO in Hong Kong. Shares fell 10% on its debut that raised about $2.5 billion. Sands…
Melco Crown Entertainment Ltd. (NASDAQ: MPEL) is holding up better than many might have expected after the stellar rise seen in the casino stocks with Macau ties. Melco Crown turned a wider…
Reuters:Â Â The Ohio Attorney General is suing a number of Wall St. firms. Reuters:Â Â GM will start to repay part of its debt to the US. Reuters:Â Â Citigroup (NYSE:C) will sell Bellsystem…
These are this Friday’s top early analyst upgrades, downgrades, and initiations from Wall Street research calls which may be moving shares of the underlying stocks: Adobe Systems (NASDAQ: ADBE) Started as Buy…
Reuters:Â Â Hurricane Ida is heading toward Gulf oil fields. Reuters:Â Â Kraft (NYSE:KFT) will make its bid for Cadbury. Reuters:Â Â GE (NYSE:GE) and Comcast (NASDAQ:CMCSA) have agreed to an NBCU valuation. Reuters:Â Â The…
Updated throughout the day. Updated 1.05 PM EST: Las Vagas Sands (NYSE:LVS) will try to raise $2.5 billion though an IPO in Hong Kong (AP) Updated 11.12 AM EST: Pfizer (NYSE:PFE) is…
Wynn Resorts Ltd. (NASDAQ: WYNN) may have set a high bar for Las Vegas Sands Corp. (NYSE: LVS) and its earnings report today, but cost cuts helped the company to beat its…
Reuters:  Japan Airlines faces $8.8 billion in excess debt if liquidated. Reuters:  Amazon (NASDAQ:AMZN) beat Wall St. estimates. Reuters:  GM’s CEO will get a pay raise. Reuters:  Nokia (NYSE:NOK) sued Apple (NASDAQ:AAPL)…
Updated throughout the day. Updated 3.14 PM EST: STIC (NASDAQ:STIC) dropping on rumors that Sun (NASDAQ:JAVA) database applications may hurt STIC sales (Barron’s) Updated 3.11 PM EST: Level 3 (NASDAQ:LVLT) is surging…
News out of Macau, China is crushing some of the gambling stocks that have direct operations in Macau. It looks like the Chinese are considering curbing the number of gambling tables, the…
Updated throughout the day. Updated 2:44 Dell Inc. (NYSE: DELL) will launch a branded Android smartphone thru AT&T Inc. (NYSE: T) and possibly other carriers next year. Source today is from WSJ,…
Audit Integrity, a research firm, has come out with a list of the large American companies which are most likely to go bankrupt in the next year. The data behind the figures seem valid,…
These are the top 10 analyst calls for upgrades and downgrades seen early this Monday morning from Wall Street research firms: Boston Scientific (BSX) Cut to Neutral at UBS. DreamWorks Animation (DWA)…
Reuters:Â Â The sell-off in Chinese stocks may be overdone based on earnings. Reuters:Â Â A report blamed the SEC for not doing its job investigating Madoff. Reuters:Â Â The Fed says the risks to…
These are the top ten analyst research initiations, upgrades, and downgrades we have seen from top Wall Street firms early this Wednesday morning: Biogen-Idec (BIIB) Started as Underperform at BofA/Merrill Lynch. Forest…