Wynn Resorts

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Latest blogosphere posts tagged “Wynn Resorts”

  • ($LVS) Las Vegas Sands Raises $5 Billion in Capital


    Stock Blog HubAuthority Authority: 458
    Las Vegas Sands ( LVS ) has raised about $5 billion of capital through debt and equity financing to restart its Macau casino expansion projects that it had been compelled to close down last year due to financial constraints. Las Vegas Sands’ Macau unit, Sands China Ltd. was listed on the Hong Kong stock exchange ...
    1 week ago
  • Sands Falls 10% on Hong Kong Debut


    DealBookAuthority Authority: 765
    Sands Chinas weak stock market debut in Hong Kong on Monday signals a lack of appetite for a casino gaming company with a high valuation and an uncertain outlook.
    1 week ago
  • Steve Wynn Divorce Settlement Finalized


    Southern GamingAuthority Authority: 132
    Steve Wynn and Elaine Wynn have struck a court-approved financial agreement that splits up their estimated $2 billion gambling empire and paves the way for the divorce he has been seeking for eight months. The confidential settlement, which comes on the heels of secret courthouse negotiations late last week, ...
    2 weeks ago
  • (LVS) Las Vegas Sands’ Macau Unit Raises $2.5B in IPO


    Stock Blog HubAuthority Authority: 458
    Las Vegas Sands ( LVS ) Macau unit, Sand China raised $2.5 billion through its Hong Kong initial public offering (IPO). The company has priced the IPO for 1.87 billion shares at HK$10.38 per share, the low end of the expected HK$10.38-HK$13.88 range. The proceeds from this offering, combined with $1.75 billion in ...
    2 weeks ago
  • Sands to Restart Macau Casino Work After I.P.O.


    DealBookAuthority Authority: 765
    Las Vegas Sands, the U.S. casino operator, plans to resume work in January on its multibillion-dollar gambling resorts in Macau after suspending construction last year amid a massive funding crunch, the company said Sunday.
    3 weeks ago
  • Wynn Resorts Started as a “Buy” at Deutsche Bank (WYNN)


    Dividend Stocks - The Dividend DailyAuthority Authority: 516
    Casino operator Wynn Resorts, Limited ( WYNN ) saw its coverage initiated as a “Buy” at Deutsche Bank on Friday. The analyst also set an $80 price target on WYN shares, which closed on Thursday at $67.61. The Deutsche analyst noted that “Given its solid balance sheet and demonstrated prudent ...
    4 weeks ago
  • Russell Simmons Joins Penn For Aqueduct Bid


    Southern GamingAuthority Authority: 132
    As Penn National competes with Wynn Resorts Ltd., Harrah Entertainment, MGM Mirage, Las Vegas-based Navegante Group and the Seminole Indians’ Hard Rock Casino Group for the Aqueduct gaming license, Russell Simmons teamed up with Penn National in hopes to give back to the community. LAS VEGAS, Nevada — Hip-Hop ...
    5 weeks ago
  • In Surprise Move, Wynn Drops Racetrack Bid


    DealBookAuthority Authority: 765
    Stephen A. Wynn, the Las Vegas gambling impresario, on Wednesday dropped out of the bidding to revive the Aqueduct racetrack in Queens with 4,500 electronic slot machines, just two days before competing operators were to deliver their final offers for the complex.
    5 weeks ago
  • Wynn Resorts’ Matt Maddox Named Highest Earning Executive Under 40


    The Inquisitr EntertainmentAuthority Authority: 708
    In the nice work if you can get it category, Wynn Resorts’ CFO Matt Maddox has been named the highest earning executive under 40 at a public company. The Forbes list found that Matt Maddox is raked in a handy $17.66 million in 2008, based on a base salary of $593,590, stock options worth more than $11 million, and ...
    6 weeks ago
  • Wynn Resorts outlook spooks investors


    StockPreacherAuthority Authority: 135
    Casino operator Wynn Resorts Ltd. posted better than expected quarterly earnings Tuesday, but a downbeat outlook ruffeled investors and the shares fell 10%. On a conference call with analysts and investors, Wynn executives said bookings for Las Vegas conventions and meetings remain weak and and high end domestic ...
    6 weeks ago
  • (WYNN) Wynn Resorts Limited Surpasses Expectations


    Stock Blog HubAuthority Authority: 458
    Wynn Resorts Limited ( WYNN ) today reported third-quarter earnings of 28 cents per share. Adjusted earnings were 33 cents. The results are ahead of the Zacks Consensus Estimate of 14 cents. The company had earned 49 cents (adjusted earnings of 62 cents) in the year-ago quarter. Net revenues were $773.1 million ...
    6 weeks ago
  • Switch and Data Reports Third Quarter 2009 Financial and Operating – Stockhouse


    OnlyDedicatedServers.comAuthority Authority: 146
    Switch and Data Reports Third Quarter 2009 Financial and Operating – Stockhouse Switch & Data Facilities Company, Inc. (NASDAQ:SDXC), a leading provider of network neutral data center and Internet exchange services, today reported financial results for the three months ended September 30, 2009. Results of ...
    6 weeks ago
  • Wynn Resorts (WYNN) Pummeled on Earnings


    Fund My Mutual FundAuthority Authority: 587
    Todays reaction by Wynn Resorts (WYNN) is exactly the type of thing that causes those of us who still deal in the dark magic of "fundamentals" to go batty.  I had been shorting Wynn (which let me reiterate is a very well run company) as it seemed to levitate day after day on "hope" and "green shoots".  Or our ...
    6 weeks ago
  • Wynn Profit Drops as Gamblers Spend Less


    NYT > TheaterAuthority Authority: 905
    Belt-tightening among consumers coupled with increased expenses, pushed Wynn Resort’s profit down for the second consecutive quarter.
    6 weeks ago
  • Wynn Resorts Q3 Profit Plummets 33% as Expenses, Debt Rise (WYNN)


    Dividend Stocks - The Dividend DailyAuthority Authority: 516
    Casino operator Wynn Resorts, Limited ( WYNN ) said Tuesday that its third quarter profit plunged 33% from last year, hurt by higher costs. The Las Vegas-based company reported third quarter net income of $34.2 million, or 28 cents per share, compared with $51.2 million, or 49 cents per share, in the year-ago ...
    6 weeks ago

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