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Large Option Traders Bets On More Carnival Downside Despite Easing Oil Prices
Wednesday, September 18, 2019 - 3:02pm | 598Read More...Shares of Carnival Corp (NYSE: CCL) traded lower by 1.68% on Wednesday as oil prices slipped another 1.7% in the wake of Saturday’s attack on Saudi Arabia. Despite easing concerns over a prolonged supply outage in Saudi Arabia, Carnival shares continued lower, and at least one large options...
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Casino Stocks A Good Gamble After Recent Underperformance
Monday, July 17, 2017 - 10:36am | 378Read More...Macau casino stocks Melco Resorts & Entertainment Ltd (ADR) (NASDAQ: MLCO), Wynn Resorts, Limited (NASDAQ: WYNN), Las Vegas Sands Corp. (NYSE: LVS) and MGM Resorts International (NYSE: MGM) have been on fire in 2017, but recent reports over junket liquidity concerns in Macau triggered a...
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Melco Crown Shares Upgraded Amid Strength In Manila
Wednesday, January 25, 2017 - 11:01am | 148Read More...Instinet (Nomura) has upgraded Melco Crown Entertainment Ltd (ADR) (NASDAQ: MPEL) to Neutral from Reduce on stronger Manila gross revenue (GGR). “We no longer see meaningful downside risks, given 1) VIP and premium mass-led stabilization in Macau and 2) stronger-than-expected GGR growth in...
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Extended Stay America Shares Climb After Strong Q4 Results
Wednesday, February 24, 2016 - 5:33pm | 404Read More...Shares of Extended Stay America Inc (NYSE: STAY) climbed as much as 3 percent Wednesday after the hotel operator reported better-than-expected results for the fourth quarter. The company reported adjusted EPS of $0.15, topping Street view by $0.02. Quarterly revenue of $296.3 million also came...
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Gaming & Leisure To Pinnacle: 'You Got More, Consider The Bid'
Thursday, July 9, 2015 - 10:25am | 891Read More...On July 8, Barclays analyst Felicia Hendrix published a note, "Pinnacle Entertainment: You Got More, Consider the Bid," referring to Gaming and Leisure Properties, Inc. (NASDAQ: GLPI)'s latest offer, sweetening the pot by 54 percent for Pinnacle Entertainment, Inc. (NYSE: PNK)'s...
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Nomura Talks Macau, Still Doesn't Like Melco Crown
Thursday, May 14, 2015 - 11:00am | 344Read More...In a report published Thursday, Nomura analyst Harry Curtis suggested that investors should avoid investing in casino operators with exposure to the Macau market. According to Curtis, Macau market estimates are beginning to reflect the reality of daily gross gaming revenue of 600 million to 700...
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Nomura Comments On 'Encouraging Conversation' With Starwood's Management
Wednesday, February 18, 2015 - 10:59am | 129Read More...In a report published Wednesday, Nomura analyst Harry C. Curtis commented on Starwood Hotels & Resorts Worldwide Inc (NYSE: HOT) management changes which saw the resignation of CEO Frits D. van Paasschen and the appointment of Adam Aron as an interim replacement. Curtis noted that he held an "...
