|Bid||90.01 x 800|
|Ask||114.50 x 1100|
|Day's Range||112.62 - 115.20|
|52 Week Range||90.06 - 151.50|
|Beta (3Y Monthly)||1.79|
|PE Ratio (TTM)||15.00|
|Earnings Date||Nov 5, 2019 - Nov 11, 2019|
|Forward Dividend & Yield||4.00 (3.43%)|
|1y Target Est||135.06|
Hotel giant Marriott is looking to conserve its plastic use by banning tiny shampoo, conditioner, and body wash bottles from all of its locations by December of 2020. Yahoo Finance's Zack Guzman and Heidi Chung are joined by Ben Kissel, radio show host and podcaster, to discuss.
Invesco launched two new ETF entries as a part of their BulletShares suite on Thursday, Sept. 12. The Invesco BulletShares 2027 High Yield Corporate Bond ETF and the Invesco BulletShares 2029 Corporate Bond ETF (BSCT n/a) have now found their way to the NYSE.
MGM Springfield’s gambling revenue was up 2.7% in August compared to July, but figures released by the Massachusetts Gaming Commission show the casino continues to fall well short of projections.
CEO of Wynn Resorts (30-Year Financial, Insider Trades) Matt Maddox (insider trades) sold 25,000 shares of WYNN on 09/12/2019 at an average price of $117.3 a share. Continue reading...
The market didn't end yesterday's session at its high, but the 0.29% gain the S&P 500 was able to hang onto still translates into the third-straight winner. The Dow Jones Industrial Average logged its seventh consecutive win, with both indices still buoyed by renewed hopes that trade ties with China are on the verge of improving.Source: Shutterstock Overstock.com (NASDAQ:OSTK) led the charge with its 17% advance. Shares of the e-commerce platform continued the rally spurred by an upgrade from D.A. Davidson tendered earlier this week. Advanced Micro Devices (NASDAQ:AMD) offered up a meaningful helping hand too, gaining 1.5% because it's one of the more pronounced beneficiaries of a more accommodating trade environment.Holding the market back more than any other was Oracle (NYSE:ORCL), down 4.3% in response to last quarter's lackluster revenue growth, which was underscored by the announcement that Co-CEO Mark Hurd will be taking medical leave to attend to an unnamed health-related matter.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Big IPO Stocks From 2019 to Watch None of those names are particularly well-suited trading prospects headed into today's action, however. Instead, take a look at the stock charts of Electronic Arts (NASDAQ:EA), Centurylink (NYSE:CTL) and Wynn Resorts (NASDAQ:WYNN). Here's why. Centurylink (CTL)A little over a month ago, Centurylink was featured as a noteworthy name thanks to a repeated effort to break past a major technical ceiling. Although not yet over that hump, a string of higher lows and improving technical support suggested such a move was only a matter of time.That happened, in spades. In fact, the sheer speed of the breakout was enough to push CTL stock beyond another major technical barrier. Although now overextended and ripe for some profit-taking, the entire sequence of events says the path of least resistance is now upward. * Click to EnlargeThe ceiling at $12.43, plotted in blue on the daily chart, was the technical ceiling in question. Centurylink peaked there twice in July, but didn't flinch at that level earlier this week. * The strength of the move carried CTL stock past the 200-day moving average line as well, marked in white on both stock charts. The whole move also unfurled on above average volume. * Although ripe for a pushback, the fact that the 20-day moving average line is now above the purple 50-day line, and the fact that the 50-day line is above the 100-day moving average line is telling. Any stumble should be short-lived. Wynn Resorts (WYNN)After a rough 2018, a choppy 2019 is a relative win for Wynn Resorts. Technical support around $103, marked as a red dashed line on both stock charts, gets much of the credit for escaping would could have turned out to be a move to lower lows.There may still be trouble ahead, however, despite the bullishness we've seen so far this month. WYNN stock is already slowing as it nears what's known to be major resistance, and another clue says the damage has already been done. * 10 Battered Tech Stocks to Buy Now * Click to EnlargeThe resistance line in question is the convergence of the purple 50-day moving average line and the white 200-day moving average. Wynn Resorts shares only had to get near them on Thursday to start peeling back. * Simultaneously, the 50-day moving average line has now crossed back under the 200-day moving average. This so-called "death cross" is a hint that the bigger-picture undertow is bearish despite the recent gains. * Even if the rally isn't quelled here, there's another impending ceiling. The yellow dashed line that connects the key peaks going back to the early 2018 high could still stop the advance. Electronic Arts (EA)Finally, the implosion Electronic Arts shares suffered last year hasn't persisted into this year. In fact, EA stock looks like it's been trying to stage a full recovery of that meltdown.It hasn't done that yet, and may never actually do so. There are several major clues that suggest that rebound is more likely than not though. And, the chart has drawn some clear lines in the sand that will make clear if and when the stock moves into full-breakout mode. * Click to EnlargeThe most important line in the sand is the line that connects the lower highs seen since February's peak, plotted in yellow on both stock charts. This week's lull makes clear traders are hesitant to push past it. * Nevertheless, the convergence of all the key moving averages since June is bullish in and of itself. Better still, we're close to seeing a renewed bullish cross where the purple 50-day line moves above the 200-day moving average. * It's also not likely to be a mere coincidence that the area standing in the way of more upside lies right around a Fibonacci retracement line near $103. Moving above it should also be catalytic.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about him at his website jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Big IPO Stocks From 2019 to Watch * 7 Discount Retail Stocks to Buy for a Recession * 7 Stocks to Buy Benefiting From Millennial Money The post 3 Big Stock Charts for Friday: Electronic Arts, Centurylink and Wynn Resorts appeared first on InvestorPlace.
As the world watches how the $2.6 billion casino performs in one of the country’s oldest cities, Encore Boston Harbor’s biggest hurdle over the next year may be its slots revenue.
Wynn Resorts, Limited (“Wynn Resorts”) (WYNN) announced today the pricing by Wynn Resorts Finance, LLC (formerly known as Wynn America, LLC) (“Wynn Resorts Finance”) and its subsidiary Wynn Resorts Capital Corp. (“Wynn Resorts Capital” and, together with Wynn Resorts Finance, the “Issuers”), each an indirect wholly-owned subsidiary of Wynn Resorts, of $750 million aggregate principal amount of 5.125% Senior Notes due 2029 (the “Notes”) in a private offering.
A Ba1 was assigned to WRF's proposed $850 million senior secured revolver and $1 billion term loan A. At the same time, a B1 was assigned to WRF's proposed $750 million senior unsecured notes. An SGL-1 Speculative Grade Liquidity rating was assigned to WRF as well.
Wynn Resorts, Limited (WYNN) (“Wynn Resorts”) announced today that Wynn Resorts Finance, LLC (formerly known as Wynn America, LLC) (“Wynn Resorts Finance”) and its subsidiary Wynn Resorts Capital Corp. (“Wynn Resorts Capital” and, together with Wynn Resorts Finance, the “Issuers”), each an indirect wholly-owned subsidiary of Wynn Resorts, are offering $750 million aggregate principal amount of Senior Notes due 2029 (the “Notes”) in a private offering.
Wynn Resorts and three other casinos have their stock price targets cut by a J.P. Morgan analyst Friday over concerns about events impacting Macau.
Coupa Software and Wynn Resorts were early winners and Intel led the Dow Jones today, as global markets shifted higher on key political developments.
The Seaport's first grocery store. The Obamas buying Wyc Grousbeck's estate. Southie residents demand zero housing at a 15-acre site. A $2.6 billion casino opens. Here's the real estate news you may have missed during your summer vacation.
LAS VEGAS, Sept. 3, 2019 /PRNewswire/ -- Wynn Las Vegas announces it has been certified as a 'Great Workplace' by the independent analysts at Great Place To Work®, the global authority on evaluating corporate culture and employee fulfilment. "We believe that true luxury is defined by people, not buildings, and so we have focused on our Company's greatest asset: our employees. One of our guiding principles is to 'care about everyone and everything,' which makes our Great Place To Work certification very meaningful to me," said Wynn Resorts CEO Matt Maddox. The high score indicates how proud employees are to be a part of the Wynn team and the strong sense of pride they have in how resort guests describe the service they deliver as "excellent." Additional top scores showed that employees are proud to tell others where they work, are always made to feel welcome in the workplace, appreciate the camaraderie and care that Company leadership encourages among co-workers, and feel good about the many ways Wynn provides them with opportunities to contribute to the local community through charitable efforts.
Gambling revenue in the Chinese territory of Macau dropped 8.6% in August on the year, hit by tapering demand from high rollers, due to slowing economic growth amid China's trade war with the United States and protests in neighbouring Hong Kong. August's figure was 24.3 billion patacas ($3.01 billion), Macau's Gaming Inspection and Coordination said in data posted on Sunday, below analysts' expectations of a drop of 2%-6%. While protests in the Asian financial hub of Hong Kong have disrupted transport and deterred travel to the former British colony and then on to Macau, analysts say the impact on gaming revenues has been minimal.
The former head of the Massachusetts Gaming Commission called MGM Springfield’s revenue stumble a “puzzle” while hailing the newly opened Encore Boston Harbor casino.
The Chinese territory of Macau elected former legislature head Ho Iat Seng as its leader on Sunday - the sole approved candidate. Ho, who has deep ties to China, is expected to cement Beijing's control over the special administrative region and distance it from protests in neighbouring Hong Kong. The 62-year-old's highly scripted appointment comes as the former Portuguese colony tries to position itself as a beacon of stability and model for the Chinese government's "one country, two systems" formula through which Beijing administers Macau and Hong Kong.