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Source: www.smartbrief.com --- 24 days ago
Las Vegas casino mogul Steve Wynn has extended his contract with Wynn Resorts through October 2020. - More - ... Source: www.schaeffersresearch.com --- 29 days ago
As revived earlier this week, here's the list of stocks that are advancing amid heavy short interest...( Read More ) ... Source: www.marketintelligencecenter.com --- 31 days ago
Wynn Resorts (NasdaqNM: Wynn) opened at $87.28. So far today, the stock has hit a low of $80.52 and a high of $87.28. Wynn is now trading at $83.30, down $1.92 (-2.25%). The stock hit its 52-Week high of $176.14 in October and set its 52-Week low of $69.27 in July. Shares of Wynn Resorts have been dropping today on softening Las Vegas Strip gaming revenue results. This came after the Nevada Gaming Control Board reporte... ... Source: www.streetinsider.com --- 30 days ago
Visit StreetInsider.com at http://www.streetinsider.com/Upgrades/BMO+Upgrades+Wynn+Resorts+%28WYNN%29+to+Outperform%3B+%2497+PT/3982228.html for the full story. ... Source: www.lvred.com --- 28 days ago
Shares of Wynn Resorts Ltd. fluctuated Thursday as an analyst upgraded the casino operator on its solid Las Vegas and Macau footholds, but another slashed its price target. Jeffrey Logsdon of BMO Capital Markets said Wynn is fairing better than other competitors partly because it has less exposure to the low-end consumer. Its Wynn Las Vegas [...] ... Source: www.PRNewsExpress.com --- 30 days ago
The online legal document provider, RealDealDocs.com has released a number of Irrevocable Trust Agreements for the top companies in America including many Fortune 500 companies. These are the actual legal documents drafted by the nation’s top law firms. ... Source: www.msnbc.msn.com --- 26 days ago
LAS VEGAS (AP) -- Billionaire chief executive Steve Wynn has agreed to a contract extension with Wynn Resorts Ltd. that keeps him at the casino company until October 2020. ... Source: www.marketwire.com --- 4 days ago
TORONTO (MARKET WIRE) BellwetherReport.com is the leading online financial newsletter for investors seeking top independent and unbiased research. Investors seeking free and unbiased analyst opinions on the companies mentioned in this release are encouraged to sign up to www.bellwetherreport.com for a free subscription to access these reports. Today, we have once again scheduled interviews with a number of the top analysts in North America to get an update feedback from them regarding the current market activity and position PeopleSupport Inc. (NASDAQ: PSPT), Wynn Resorts Limited (NASDAQ: Wynn), Pan American ...
Source: clientportal.ibb.ubs.com --- 10 days ago
This document is related to the following: Regions Global Americas United States North America Sectors Global Casinos Global Consumer, Cyclical Global Leisure Goods & Services Global Cyclical Goods & Services US Casinos Americas Casinos Americas Consumer, Cyclical Americas Leisure Goods & Services US Consumer, Cyclical US Leisure Goods & Services Americas Cyclical Goods & Services US Cyclical Goods & Services North American Cyclical Goods & Services North American Casinos North American Consumer, Cyclical North American Leisure Goods & Services Companies Wynn.O Wynn Resorts LVS.N Las Vegas Sands Inc Subjects Company Update Morning Note ... Source: seekingalpha.com --- 6 days ago
On November 17, Barron's cover story called casino stocks losing bets . They were right: Since then shares of Las Vegas Sands (LVS), Wynn Resorts (Wynn) and MGM Mirage (MGM) have slid 78%, 45% and 73%, respectively. Conventional logic says 'sin stocks' often do well in a depressed economy as people increasing look to drown-out their woes. Still, Barron's remains unconvinced gambling stocks are a good bet - due largely to their 70%+ debt-to-capital loads. Complete Story » ... Source: clientportal.ibb.ubs.com --- 31 days ago
This document is related to the following: Regions Global Americas United States North America Sectors Global Casinos Global Consumer, Cyclical Global Leisure Goods & Services Global Cyclical Goods & Services US Casinos Americas Casinos Americas Consumer, Cyclical Americas Leisure Goods & Services US Consumer, Cyclical US Leisure Goods & Services Americas Cyclical Goods & Services US Cyclical Goods & Services North American Cyclical Goods & Services North American Casinos North American Consumer, Cyclical North American Leisure Goods & Services Companies IGT.N International Game MGM.N MGM MIRAGE Wynn.O Wynn Resorts LVS.N Las Vegas Sands Inc Subjects Industry Overview Morning Note ... Source: clientportal.ibb.ubs.com --- 38 days ago
This document is related to the following: Regions Global Sectors Global Lodging Global Casinos Global Restaurants Global Consumer, Cyclical Global Leisure Goods & Services Global Cyclical Goods & Services Companies KUNN.S Kuoni NHH.MC NH Hoteles ACCP.PA Accor GNK.L Greene King LAD.L Ladbrokes MARS.L Marston's WTB.L Whitbread SOL.MC Sol Meliá JDW.L Wetherspoon (JD) CLHJ.J City Lodge ETI.L Enterprise Inns WMH.L William Hill OPAr.AT OPAP PUB.L Punch Taverns IHG.L InterContinental MAB.L Mitchells & Butlers LTO.MI Lottomatica RTN.L The Restaurant Group INLr.AT Intralot SUIJ.J Sun International GDFJ.J Gold Reef TCG.L Thomas Cook Group BSTB.KL Berjaya Sports Toto CTDM.SI City Developments GENT.KL Genting 0041.HK Great Eagle 0045.HK HK & Shanghai Hotels 0069.HK Shangri-La Asia RWBW.KL Resorts World MOIL.SI Mandarin Oriental JFC.PS Jollibee 900942.SS Huangshan Tourism B MINT.BK Minor International BANY.SI Banyan Tree Hotels DRI.N Darden Restaurants MAR.N Marriott Intl. MCD.N McDonalds WEN.N Wendy's Intl. CCL.N Carnival GET.N Gaylord CAR.N Avis Budget Group YUM.N Yum! Brands CHH.N Choice Hotels FCH.N FelCor Lodging HST.N Host Hotels HOT.N Starwood Hotels IGT.N International Game MGM.N MGM MIRAGE RCL.N Royal Caribbean EAT.N Brinker Intl. SBUX.O Starbucks HOG.N Harley-Davidson HPT.N Hospitality Trust Wynn.O Wynn Resorts LVS.N Las Vegas Sands Inc LHO.N LaSalle Hotel HT.N Hersha Hospitality SHO.N Sunstone Hotel BEE.N Strategic Hotel OEH.N Orient-Ex ... Source: forums.eog.com --- 14 days ago
from the LVSUN: *65,000 apply for 5,300 jobs at Encore* By Amanda Finnegan (http://www.lasvegassun.com/staff/amanda-finnegan/) Thu, Sep 25, 2008 (2:43 p.m.) Wynn Resorts has received 65,000 applications since July for 5,300 available positions at its new $2.3 billion Encore resort and casino. Owner Steve Wynn is planning to move over another 1,700 employees from Encore's sister property, Wynn Las Vegas, to bring a total of 7,000 employees to Encore. The 2,034-room resort is slated to open in December. Wynn has said (http://www.lasvegassun.com/blogs/gaming/2008/jul/17/Wynn-relaxing-interview-strategy-encore/) he plans to use a relaxed style of interviewing, such as sitting down potential employees at a hotel bar to test their small talk skills. Openings at Encore include positions in housekeeping, food and beverage, retail and casino operations. The 5,300 new positions at Encore are coming at a time when the Nevadas unemployment rate (http://www.lasvegassun.com/news/2008/sep/19/unemployment-hits-71-percent-august-clark/) is at its highest level in 23 years. Encore is still accepting applications, and with its current number of applicants, it would only be able to employ about 8 percent of them. ... Source: www.bloggingstocks.com --- 15 days ago
Filed under: Options , Las Vegas Sands (LVS) Las Vegas Sands (NYSE: LVS ) closed at $36.84. LVS September option implied volatility is at 114, October is at 95; above its 26-week average of 61 according to Track Data, suggesting larger price movement. Wynn Resorts (NASDAQ: Wynn ) is recently down $3.52 t $81.90. Wynn September implied volatility is at 74; October is at 70; above its 26-week average of 59 according to Track Data, suggesting larger price movement. MGM Mirage (NYSE: MGM ) closed at $32.45. MGM September option implied volatility is at 93, October is at 91; above its 26-week average of 70, suggesting larger movement. Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com Permalink | Email this | Comments ...
Source: www.sunherald.com --- 18 days ago
Over 500 guests attended Susan and Tony Bennett's Exploring the Arts (ETA) gala tonight which was held at Cipriani Wall Street in New York City. The evening raised over $1.2M for the Bennett's non-profit Exploring the Arts organization that supports arts education in public schools. Honored at the event were Reed Hastings, Chairman, President and CEO of Netflix Sumner Redstone, Executive Chairman of Viacom and CBS Corporation, and Steve Wynn, Chairman of Wynn Resorts. Terrence Howard, Katie Couric and Quincy Jones presented the award to each recipient, respectively. Whoopi Goldberg hosted the evening and the gala featured performances by Jerry Seinfeld, John Mayer and Terrence Howard. Tony Bennett performed to close the evening. In attendance were Joy and Regis Philbin, Rachael Ray, Gayle King, Donna Karan, Mitch Albom, and actors Michael Imperioli ("Sopranos") and Eduardo Verastegui ("Bella"). ...
Source: www.lasvegassun.com --- 2 days ago
Sun archives Headlines from the Vegas gaming industry Sun coverage Oct. 9, 2008 -- Court: Wynn dealers must share tips with supervisors The financial whirlwind swirling down Wall Street and the Las Vegas Strip won't affect Wynn Resorts nearly as much as his big competitors, Steve Wynn said this morning. Wynn said that the financial crisis obviously would have a negative impact on his company's plans to open Encore in December. Business at Encore and at Wynn Las Vegas will likely be slower than he had once hoped -- before Wall Street investment banks began failing and shares began tanking -- but Wynn said his company has the financial wherewithal to withstand the crisis without sacrificing customer service or slashing prices to attract guests. "Our brand is too important, and this place will be here forever," Wynn said. "We don't drop the price and we don't drop the quality of service -- I don't bounce around like a pinball. And we don't need to. Our revenues may take a hit, but we're in a position of strength, with plenty of cash. We're a battleship steaming into the harbor." The financial upheaval has had at least one unexpected benefit for his company, he said, as layoffs and uncertainty have prompted many excellent workers to seek employment at Encore and Wynn Las Vegas. Wynn said the company still plans to open Encore on Dec. 22, provided that the resort receives its temporary certificates of occupancy from Clark County in mi ... Source: www.lasvegassun.com --- 5 days ago
Sun archives Headlines from the Vegas gaming industry Sun archives MGM Mirage press release on CityCenter financing MGM Mirage press release on amended credit agreement It wasn't that long ago that Wall Street was criticizing Steve Wynn, who then owned Mirage Resorts, for spending money like a drunken sailor. At a time that dictates extreme caution, Wynn, who financed his Encore resort before financing dried up, may be having the last laugh. In recent weeks, competitors MGM Mirage and Las Vegas Sands – which are seeking money for new projects at a time when banks are reluctant to lend – have been forced to act to appease skittish lenders. Last week, Las Vegas Sands Chief Executive Sheldon Adelson put $475 million of his own cash into the company to avoid paying a higher interest rate as a penalty for exceeding leverage requirements. Today, MGM Mirage – which had not secured financing prior to a credit crunch that has only deepened from last year – announced it has secured $1.8 billion of the $3 billion needed to complete its CityCenter project with joint venture partner Dubai World. In spite of what sounded like good news, investors saw the glass as half empty and shares fell more than 16 percent this morning. Wall Street sees financing and economic challenges ahead, particularly for a project of this scope. The CityCenter loan is expected to be increased to $3 billion as the joint venture receives additional commitments from ban ... Find more results for Wynn Resorts on RSSMicro.com |
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We spend so much time around here talking about high-falutin' architecture and all those snooty architects in their high class turtlenecks designing their fancy buildings that we sometimes forget to take a look around and check out some of the other characters in the business. No longer! Today we turn our attention to a quick Q&A with Joel Bergman , the architect behind some of Las Vegas' most famous landmarks like the Mirage , Treasure Island , and Caesars Palace . Heck, he was even Steve Wynn 's in-house guy for almost twenty years. In the quick profile/interview, he talks a bit about his work in designing the strip and a lot about the big financial downturn plaguing now plaguing the city. Here's a bit: What do you make of the nonthemed Resorts under construction, with their geometric shapes and sleek lines? We're the architect for Fontainebleau Las Vegas , which is a slicker form than something we'd normally do. At CityCenter, everything seems to be jammed together and in conflict with neighboring buildings. People come to Las Vegas to be entertained, not educated. They don't want to look at buildings like they're museum pieces. New Career Opportunities Daily: The best jobs in media ...
Filed under: Real Estate Developments The Palazzo Las Vegas officially opened earlier this year and now, like its neighbor The Wynn, it's expanding into resdiences. Las Vegas Sands has announced that the company has reached an agreement with Starwood Hotels to create The St. Regis Residences at the Venetian Palazzo,. The new project is a collection of 398 private luxury residences under construction between Las Vegas Sands' Palazzo and Venetian Resorts on the Las Vegas Strip. The residence will be available fully furnished with a choice of several different designer packages. They will range in size from 1,700 to over 10,000 square feet for a duplex villa with private pool. Prices on individual units haven't been released yet but the press release says that total sales for all units could reach as much as $2 billion which would put the average price at over $5 million. The St. Regis Residences are expected to open in March 2010. They will begin accepting VIP reservations this month and open a preview gallery in October. Gallery: Las Vegas Projects Permalink | Email this | Linking Blogs | Comments ....gif){kind=logo}
Filed under: Analyst reports , Analyst upgrades and downgrades , Novartis AG ADS (NVS) , Tyson Foods'A' (TSN) , Analyst initiations , Symantec Corp (SYMC) , Teva Pharm Indus ADR (TEVA) Analyst upgrades: Goldman upgraded shares of Novartis (NYSE: NVS ) to Buy from Neutral as they believe the Alcon (NYSE: ACL ) acquisition has diversified the company's business. Tyson Foods (NYSE: TSN ) was upgraded to Equal Weight from Underweight on valuation. JP Morgan raised Albermarle (NYSE: ALB ) to Overweight from Neutral. BMO Capital upgraded Wynn Resorts (NASDAQ: Wynn ) to Outperform from Market Perform. Synovus Financial (NYSE: SNV ) was lifted to Buy from Hold at Sterne Agee. Analyst downgrades: Morgan Stanley downgraded Reynolds American (NYSE: RAI ) to Underweight from Equal Weight based on the impact from Altria 's (NYSE: MO ) purchase of competitor UST (NYSE: UST), which may result in pricing pressure. Goldman downgraded AstraZeneca (NYSE: AZN ) to Sell from Neutral as they believe shares do not support near-term fundamentals. Max Capital (NASDAQ: MXGL ) was downgraded to neutral from Buy at Banc of America. AudioCodes (NASDAQ: AUDC ) was lowered at Merrill to Neutral from Buy. Pinnacle Financial (NASDAQ: PNFP ) was downgraded to Neutral from Outperform at Baird. Analyst initiations: Jefferies initiated Hain Celestial (NASDAQ: HAIN ) with a Buy rating and $32 target. The firm believes the growing strength of the company's core natural ...