108.00 +0.24 (0.22%)
After hours: 7:51PM EST
|Bid||107.75 x 800|
|Ask||108.00 x 1000|
|Day's Range||105.02 - 108.07|
|52 Week Range||92.50 - 203.63|
|Beta (3Y Monthly)||0.81|
|PE Ratio (TTM)||21.46|
|Earnings Date||Jan 21, 2019 - Jan 25, 2019|
|Forward Dividend & Yield||3.00 (3.05%)|
|1y Target Est||127.75|
Jim Cramer advises callers' on their favorite stocks at lightning speed, including a retail play under pressure.
In a note to clients on Thursday, Bernstein's Vitaly Umansky initiated coverage on four of the largest U.S. gambling companies, who have all sharply underperformed the broader market this year, as outlined by Barron's. Shares of Las Vegas Sands Corp. ( LVS) and MGM Resorts International ( MGM) have sunk 22.4% and 20.6% YTD, respectively. While some of the downside can be attributed to company-specific headwinds, like allegations of sexual misconduct at Wynn, the Bernstein analyst noted that most of the negative sentiment has been driven by disappointing Macau gambling data.
filed a motion in Nevada state court Tuesday seeking a temporary order to stop Massachusetts gambling regulators from releasing a report on their investigation into sexual-misconduct allegations leveled against the former casino mogul. , director of communications for the Massachusetts Gaming Commission, said in a statement that the commission has retained legal representation in Nevada to defend against Mr. Wynn’s claims, which she called baseless. , said in correspondence with representatives of the casino commission that Mr. Campbell had been working privately for Mr. Wynn and had an implicit joint-representation agreement with Wynn Resorts when Mr. Wynn ran the company.
Kai Liekefett, Leader of Shareholder Activism at Sidley Austin When Starboard Value shocked corporate America by winning all 12 board seats at Darden Restaurants in a 2014 proxy fight, other companies were spooked into conceding seats to avoid embarrassment. But since then, companies have been less likely to give up seats as big shareholders took […]
The Dow Jones industrial average held firm despite some negative news on the U.S.-Canada trade front. Oil stocks dropped hard. Some companies fell hard on quarterly results.
Daniel Loeb blamed his pessimistic market outlook on his expectations for a slowdown in U.S. economic activity over the next 12 months. Third Point exited its stake in Facebook and cut its position in Netflix, according to a filing with the Securities and Exchange Commission. Third Point's Daniel Loeb is concerned with current market conditions and told investors in a letter that he has significantly cut the firm's position in technology stocks.
Initiations are likely to be published by lead underwriters Deutsche Bank AG, Credit Suisse Group AG and Morgan Stanley as a quiet period expires for analysts. Banks that manage an initial public offering tend to be more bullish on a company’s prospects, but Studio City’s outperformance and concerns about the health of Macau’s casino trends may fuel more cautious commentary.
Former casino mogul Steve Wynn has filed a lawsuit to stop the public release of an investigative report involving alleged sexual misconduct. The Las Vegas Review-Journal reported Thursday that the Massachusetts ...
With shares of casino giant Wynn Resorts (WYNN) tanking in the wake of its latest earnings report, Ryan McQueeney explains how growth & income investors can find better options by focusing on REITs that own gaming properties.
Melco earnings missed on a weak Macau after Wynn Resorts warned on Macau and high-end gamblers in key markets. Wynn, Melco and, other casino stocks fell.
The stock market tone continued to improve Wednesday. The Dow Jones and S&P 500 index shot up 2.1% while the Nasdaq composite gained 2.6%, all in higher volume
Wynn Resorts, Limited (NASDAQ: WYNN ) shares were getting pummeled one day after the casino operator's mixed third-quarter earnings report. The casino operator reported Q3 earnings of $1.68 per share, ...
Ryan McQueeney discusses a key technical analysis threshold for the S&P 500 and previews today's Fed meeting. He also recaps earnings from Wynn, Qualcomm, and Roku. Later, he chats with Dave Bartosiak about upcoming earnings from Disney and Activision Blizzard.
Yahoo Finance's Julie Hyman discusses todays stocks on the move in midday trading.