Reuters: The sell-off in Chinese stocks may be overdone based on earnings. Reuters: A report blamed the SEC for not doing its job investigating Madoff. Reuters: 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…
Reuters: The Chinese are learning the problem of easy access to credit cards. Reuters: The US recovery is still slow while France and Germany are rebounding. Reuters: UBS (UBS) clients in America…
Reuters: A bubble may be forming in the corporate bond market. Reuters: Wall St. firms have made $1 billion on the break up of AIG (AIG). Morgan Stanley(MS), Goldman Sachs (GS), JP…
Today we had earnings from casino rivals Wynn Resorts Ltd. (NASDAQ: WYNN) and Las Vegas Sands Corp. (NYSE: LVS). While many consider these companies very similar for having higher-end operations and Macau…
We have two very pertinent earnings this week for casino and resort investors from rivals Wynn Resorts, Limited (NASDAQ: WYNN) and Las Vegas Sands Corp. (NYSE: LVS). Wynn will release results for…
Reuters: The promise of mobile TV is being destroyed by smartphone use of software applications. Reuters: More attacks on websites in the West are expected and North Korea is suspected. Reuters: China…
Las Vegas Sands Corp. (NYSE: LVS) has been all over the news today on reports that the company may conduct an initial public offering for its Macau assets. The company would like…
There is still some conversation about the federal government restricting short-selling activity in certain stocks. The counterargument to these restrictions is that short selling plays an important role in the valuation of…
If you have ever stayed at the Wynn resort or the even newer Encore in Las Vegas, you will know that calling either a high-end resort and casino destination may represent an…
These are the top ten analyst upgrades and downgrades we have seen from Wall Street this Monday morning: Amazon.com (AMZN) Raised to Buy at Citigroup. bebe Stores (BEBE) Raised to Outperform at…
Melco Crown Entertainment Limited (NASDAQ: MPEL) has just filed with the SEC to raise up to $400 million in cash. This is via a sale of ADS’s and underwriters were not named.…
Petroquest Energy (PQ) Now visible news. Shares drop to $.61 from a 52-week high of $29.18. Las Vegas Sands (LVS) Chief operating officer is replaced. Sells off to $1.38 from 52-week high…
Douglas A. McIntyre Las Vegas Sands (LVS) Too few gamblers, too much debt. Analyst lowering estimates. Falls to $2.13 from $90.28. Jabil Circuit (JBL) Planning more lay-offs. Drops to $4.38 from 52-week high of $18.78.…
According to Reuters, authorities do not think Madoff could have acted alone. Reuters show that the US is sinking deeper into recession. Reuters reports that the SEC defended it response to the…