ThinkstockThe former Portuguese colony of Macau generates about six times the gambling revenue of Las Vegas and now a Macau-based company is going after a piece of the action. U.S.-based casino operators…
ThinkstockCaesars Entertainment Corp. (NASDAQ: CZR) will sell its golf course property in Macau to developer Pearl Dynasty Investments Ltd. for $438 million, well shy of the $578 million Caesars paid for the…
ThinkstockAlpha is one of those confusing terms that is used in the financial industry but rarely defined. It is basically a performance measurement on a risk-adjusted basis. Alpha takes the volatility or…
July 24, 2013: U.S. equity markets opened higher this morning following upbeat estimates for eurozone flash PMI readings. In Asia, China’s PMI came in lower than expected, leading to more worries about…
thinkstockShortly after markets opened this morning, the DJIA was down more than 1%, while the S&P 500 and the Nasdaq were off even more. Index futures were even lower, so maybe the…
courtesy Making Change at Walmart and UFCWA group that has been critical of Wal-Mart Stores Inc. (NYSE: WMT) and the way it deals with employees today released a report on political contributions…
ThinkstockAlpha is one of those confusing terms used in the financial industry, but rarely defined. It is basically a performance measurement on a risk-adjusted basis. Alpha takes the volatility or price risk…
ThinkstockThe institutional portfolio team at Oppenheimer is not the only group of analysts looking to technology as one of the best values on Wall Street today. Just yesterday we ran a story…
U.S. equity markets opened higher this morning, buoyed by a smaller-than-expected total of new claims for unemployment benefits in the U.S. (more coverage here). The U.S. trade deficit also fell while unit…
ThinkstockLas Vegas Sands Corp. (NYSE: LVS) reported first-quarter 2013 results after markets closed today. For the quarter, the casino and resort operator posted adjusted diluted earnings per share (EPS) of $0.71 on…
U.S. equity markets opened lower this morning following a weaker-than-expected employment report from ADP and concern that Friday’s report from the Bureau of Labor Statistics will follow the ADP lead (more coverage…
ThinkstockThe journey to any gambling and entertainment mecca is an experience that even non-gamblers often want to put in their travel bucket list. Located off the Chinese coast on the South China…
2012 earnings season is wrapping up in the United States, and corporate America is set to log its third consecutive quarter of lackluster earnings growth, issuing guidance that is on average below…
U.S. equity markets opened about flat this morning on another day devoid of significant data releases. In Asia, markets in China and Hong Kong remain closed for the holiday, but Japan’s Nikkei…
Jon OggThese are some of this Tuesday’s top analyst upgrades, downgrades and initiations seen from Wall St. research calls. Capstead Mortgage Corp. (NYSE: CMO) cut to Market Perform at JMP Securities. Chesapeake Energy…
