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ArchiveThe Tail Wagging the Dog (NVDA, JCP, RRGB, MCP, JWN, CCME, BYI)Posted by Geoff Seiler at 5:56PM on August 12th
Stocks trended nicely higher, buoyed by solid retail sales numbers and a strong earnings report out of high-end retailer Nordstrom (JWN). That was somewhat tempered by falling consumer confidence, and therein lies the biggest risk to the market and economy, where…  Afternoon Spy: Someone Stop The Pain (HEV, NGLPF, BYI, CMED, JVA, SPWRA, JNJ, SOL, HLTOY, DTEGY, TOT)Posted by Eric Monte at 2:21PM on June 15th
The markets continue to struggle today as the major indexes are touching new session lows. The move might be attributed to the CPI reading this morning that indicated prices rose 0.2% in May. In other economic news, industrial production rose… Morning Spy: Back To Reality (REE, HYGS, BYI, DFS, STEM, P, HLTOY, DTEGY)Posted by Eric Monte at 10:40AM on June 15th
The markets have reverted back to their old ways today as the S&P 500 is down almost 1%. The markets have struggled over the last month and are continuing that trend today. The move might be attributed to the CPI… Las Vegas Sands Eyes Asia For Growth (LVS, MGM, WYNN, BYI, IGT, WMS)Posted by Todd Shriber at 12:39PM on June 8th
Shares of Las Vegas Sands (LVS), owner of the Palazzo and Venetian casinos in Las Vegas and the world’s most valuable casino operator, are flat on the day, but the company’s plans for expansion in Asia are anything but flat. Speaking… Casino Shares Heating Up, But Peripheral Plays Could Outperform (LVS, MGM, BYD, PNK, ISLE, MPEL, WYNN, PENN, WMS, BYI, IGT, SGMS)Posted by Owen Vater at 10:47AM on September 30th
The casino sector is picking up speed with select components gaining more than 10% in the past five sessions, but according to yesterday’s ratings from Wells Fargo, select gaming machine firms that could outperform. Wells Fargo started a slew of Casino… Gambling Stocks Slump Despite Las Vegas Sands Rally (LVS, MGM, WYNN, MPEL, IGT, WMS, SGMS, BYI, BYD)Posted by Jason Smith at 3:42PM on July 28th
Las Vegas Sands (LVS) nearly doubled Wall Street’s expectations in the second quarter, but much of the gaming sector was painted in red on Wednesday. Excluding one-time items, the casino operator posted an adjusted profit of $129.3 million or 17 cents… Boyd Leads Casinos After Sell-Off Squashed Earnings Optimism (BYD, PNK, MCRI, LVS, WYNN, MGM, SHFL, BYI, WMS, CHDN)Posted by Owen Vater at 11:43AM on May 5th
Despite a brief trip into positive territory, optimism from Boyd Gaming’s (BYD) first-quarter earnings report was largely wiped out by fears of Greek debt contagion during Tuesday’s session. The stock finished lower on the day, and after a brief dip this… Slot Machine Stocks Catching Up With Casinos (IGT, WMS, BYI, ISLE, PNK, MGM)Posted by Jason Smith at 11:54AM on April 23rd
Stocks in the gambling sector have been on fire lately, and International Game Technology (IGT) extended gains after reporting $35.9 million in fiscal second-quarter earnings. EPS for the quarter came in at 12 cents, a penny higher than Q2 2009, and… ISLE Upgrade Powers Casino Rally (ISLE, MPEL, BYD, LVS, MGM, WYNN, PNK, BYI)Posted by Jason Smith at 1:38PM on April 6th
Yesterday Macau exposure drove casino shares higher, and today an Isle of Capri Casinos (ISLE) upgrade is helping various players add to recent gains. Analyst Brean Murray upgraded Isle of Capri to Buy from Hold and gave the stock a… Amid Gambling Slump in Vegas, a Massive Overseas Casino IPOPosted by Jason Smith at 11:48AM on November 20th
Overall, it’s been a rough month for U.S.-listed casino stocks, but amid struggles in Las Vegas, a massive Macau operation is about to go on the block. Las Vegas Sands (LVS) chairman and CEO Sheldon Adelson is set to raise as much…  |
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