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…
MGM Resorts International reported better-than-expected second-quarter 2014 earnings before markets opened on Tuesday.
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.
In a new research report, analysts at J.P. Morgan lay down a bet that the American consumer is not dead. Here are seven large cap consumer stocks to buy recommended by J.P.…
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…
These are the top analyst upgrades, downgrades and initiations seen from Wall Street research firms on Monday, January 13.
These arethe top analyst upgrades, downgrades and initiations seen from Wall Street research firms for Tuesday, January 7.
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…
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…
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:…
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…
August 6, 2013: U.S. equity markets opened lower this morning even following a reported increase in U.S. exports and a decrease in U.S. imports that put the country’s trade deficit at its…
