ThinkstockThe world of casino stocks is often very volatile. Sometimes a good economy isn’t enough. Then there are the regional concerns for casinos, such as Macau having new risks and concerns. Sterne…
Las Vegas Sands reported disappointing second-quarter results after markets closed Wednesday. Las Vegas operations contributed slightly less than 10% to total revenues.
Paul Ausick Longer term, J.P. Morgan analysts are positive on the new trends in gambling in Macau. Here are the four top gaming stocks to buy at J.P. Morgan now.
These are the top Wall Street analyst upgrades, downgrades and initiations seen on Tuesday, June 10, 2014. They include AMD, AMR, ARM, Chevron, Exxon, Netflix, Sprint and Twitter.
In a new research report from Deutsche Bank that looks at how the market sets up for the rest of the year, the firm has a list of the 25 largest U.S.…
Melco Crown Entertainment, one of Macau's biggest casino operators, said profit doubled in the fourth quarter, thanks to its ability to attract so-called premium mass market gamblers.
ThinkstockGambling revenue growth on the Chinese island of Macau fell to its lowest level in 15 months in January, rising just 7% to $3.6 billion. The drop is attributed to slowing economic…
ThinkstockLas Vegas Sands Corp. (NYSE: LVS) reported fourth quarter and full year 2013 results after markets closed Wednesday. For the quarter, the casino and resort operator posted adjusted diluted earnings per share…
ThinkstockWhen emerging trends start to slow, they look like they are dying. That may not be the case in Macau, but lower growth rates in China and emerging market panic is spooking…
The Macau gambling authority said on Thursday that the island's gambling revenue rose 19% year-over-year in 2013 to $45.2 billion, about seven times the revenue expected from gambling on the Las Vegas…
ThinkstockArgus research is truly considered independent, meaning the firm has no investment banking relationships with public companies that would cloud its judgment. This is a key reason we value its research. The firm…
Thinkstock2013 has been a good year for casino stocks, with shares in the five most heavily traded companies up between 50% and more than 100%. That success has been driven by continuing…
While the past two years were all about getting the house back in order, the UBS equity strategy team thinks 2014 is all about earnings growth. That should be sweet music to…
ThinkstockApparently things continue to improve in the world of Macau casinos. A new report from Sterne Agee’s David Bain is raising expectations for the leaders such as Melco Crown Entertainment Ltd. (NASDAQ:…
White House Photo by Pete SouzaWarren Buffett holds an estimated $56.5 billion worth of Berkshire Hathaway stock — the most valuable stock holdings of any active chief executive officer. Oracle CEO Larry…
