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市场新闻

Atlantic City hotels defeat latest class action over casino room rates

Atlantic City hotels defeat latest class action over casino room rates By Mike Scarcella Oct 1 (Reuters) - Major casino-hotel operators in Atlantic City including Caesars Entertainment and MGM Resorts have persuaded a U.S. judge to dismiss a proposed consumer class action accusing them and a revenue management platform of overcharging for room rentals.
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U.S. stocks weekly: Streaking in September

RPT-BUZZ-U.S. stocks weekly: Streaking in September Repeats from Friday with no changes to text. Updates chart ** S&P 500 .SPX extends winning streak to three weeks, adds 0.6% amid tame inflation data and China stimulus boost .N ** SPX on pace for monthly gain, take that September! ** Dow .DJI and Nasdaq .IXIC also up three consecutive weeks, though the latter still lined up at the velvet rope ** This as benchmark Treasury yield perks up , but can't hold 3-week highs after PCE ** Most sectors fl
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U.S. stocks weekly: Streaking in September

BUZZ-U.S. stocks weekly: Streaking in September ** S&P 500 .SPX extends winning streak to three weeks, adds 0.6% amid tame inflation data and China stimulus boost .N ** SPX on pace for monthly gain, take that September! ** Dow .DJI and Nasdaq .IXIC also up three consecutive weeks, though the latter still lined up at the velvet rope ** This as benchmark Treasury yield perks up , but can't hold 3-week highs after PCE ** Most sectors fleet of foot: Materials sprint to front of the pack, while Energ
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U.S. STOCKS IonQ, Cassava Sciences, MeridianLink

BUZZ-U.S. STOCKS ON THE MOVE-IonQ, Cassava Sciences, MeridianLink Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The blue-chip Dow rose on Friday to hit an intraday record and small-cap stocks outperformed after a benign inflation report cleared the way for the Federal Reserve to focus on shoring up the labor market while continuing its interest rate easing.
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Consumers seek second chance in Las Vegas hotel price-fixing lawsuit

Consumers seek second chance in Las Vegas hotel price-fixing lawsuit By Mike Scarcella Sept 27 (Reuters) - Consumers suing major Las Vegas resorts over room rates have asked a U.S. appeals court to reinstate their lawsuit, calling the case an important test for mounting antitrust claims against companies that share data using computer algorithms to guide pricing decisions.
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U.S. STOCKS Regeneron, HP Inc, Honeywell International

BUZZ-U.S. STOCKS ON THE MOVE-Regeneron, HP Inc, Honeywell International Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The blue-chip Dow rose on Friday to hit an intraday record high and small-cap stocks outperformed after a benign inflation report cleared the way for the Federal Reserve to focus on shoring up the labor market while continuing its interest rate easing.
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Wynn Resorts rises after Morgan Stanley upgrades to 'overweight', lifts PT

BUZZ-Wynn Resorts rises after Morgan Stanley upgrades to 'overweight', lifts PT ** Shares of casino operator Wynn Resorts WYNN.O rise ~6% to $96.45 ** Morgan Stanley upgrades WYNN to "overweight" from "equal weight" ** Brokerage raises PT to $104 from $97, representing a 14% upside to stock's last close ** "WYNN's continued investment, proximity to recently added attractions, and high end brand will all support more resilient fundamentals vs.
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China-linked stocks climb on bevy of stimulus measures

China-linked stocks climb on bevy of stimulus measures Sept 27 (Reuters) - U.S.-listed shares of Chinese firms and China-focused funds jumped on Friday and are set for another day of strong gains, aided by the latest in a line of aggressive stimulus measures to propel economic growth in the world's second-largest economy. The People's Bank of China (PBOC) has lowered interest rates and reduced the amount of cash banks must hold as reserves by 50 basis points.
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U.S. STOCKS Copper miners, Visa, Bluebird bio

BUZZ-U.S. STOCKS ON THE MOVE-Copper miners, Visa, Bluebird bio Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes inched higher on Tuesday, with mining stocks in the lead after China unveiled a sweeping stimulus package, while concerns of a weaker economy and uncertainty over the Federal Reserve's next policy move limited gains.
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China ADRs, miners, casino shares leap as Beijing launches fresh stimulus measures

China ADRs, miners, casino shares leap as Beijing launches fresh stimulus measures By Lisa Pauline Mattackal and Nikhil Sharma Sept 24 (Reuters) - U. S.-listed shares of Chinese firms jumped on Tuesday, along with China-focused exchange-traded funds, casino companies and commodity-linked stocks, as Beijing's largest stimulus measures since the pandemic raised hopes of renewed growth.
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Casino operators jump on China's stimulus plans

BUZZ-Casino operators jump on China's stimulus plans Updates ** Stocks of casino operators rise in morning trade on China's stimulus plans ** China unveils wide-ranging stimulus measures to boost its flagging economy ** Wynn Resorts WYNN.O up 5.6 %, at 2-month high, while Las Vegas Sands LVS.N up 6.9% at over 3-month high ** WYNN and LVS have substantial casino properties in Macau, leading to major dependence on Chinese customers for revenue ** U.S.-listed shares of Melco Resorts & Entertainment
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U.S. STOCKS Copper miners, Biogen, Salesforce

BUZZ-U.S. STOCKS ON THE MOVE-Copper miners, Biogen, Salesforce Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes were set for a subdued open on Tuesday, as investors scoured for clues on what the Federal Reserve's next policy move might be, while commodity stocks got a boost after China unveiled a bumper stimulus package.
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Casino operators rise on China's stimulus plans

BUZZ-Casino operators rise on China's stimulus plans ** Stocks of Casino operators rise in premarket trade on China's stimulus plans ** China unveils wide-ranging stimulus measures to boost its flagging economy ** Wynn Resorts WYNN.O up 2.5%, while Las Vegas Sands LVS.N up 3% ** WYNN and LVS have substantial casino properties in Macau, leading to major dependence on Chinese customers for revenue ** U.S.-listed shares of Melco Resorts & Entertainment MLCO.O up 5% ** "Certainly feels like one of t
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U.S. STOCKS FedEx, Carvana, Sprouts Farmers Market, Ascendis Pharma

BUZZ-U.S. STOCKS ON THE MOVE-FedEx, Carvana, Sprouts Farmers Market, Ascendis Pharma Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Technology stocks weighed on the Nasdaq and the S&P 500 on Monday as prudent investors awaited a pivotal monetary policy decision from the Federal Reserve later in the week and most traders priced in a steep reduction in borrowing costs.
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U.S. STOCKS Charles Schwab, CACI International, Icahn Enterprises

BUZZ-U.S. STOCKS ON THE MOVE-Charles Schwab, CACI International, Icahn Enterprises Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Technology stocks weighed on the S&P 500 and the Nasdaq on Monday as caution set in ahead of the Federal Reserve's pivotal monetary policy decision, due later in the week, with a majority of traders pricing in a steep reduction in borrowing costs.
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U.S. STOCKS Bausch + Lomb, Alcoa, crypto stocks

BUZZ-U.S. STOCKS ON THE MOVE-Bausch + Lomb, Alcoa, crypto stocks Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The main U.S. stock indexes were set for a mixed open on Monday as caution set in on Wall Street ahead of the Federal Reserve's pivotal monetary policy decision, due later in the week, with a majority of traders pricing in a steep cut in borrowing costs.
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Jefferies lowers annual profit view on casino operators, cuts PTs

BUZZ-Jefferies lowers annual profit view on casino operators, cuts PTs ** Jefferies lowers its 2024, 2025 earnings-per-share forecast for casino operators given "notably weak July in both regional markets and Las Vegas" ** Cuts PT of casino operator Caesars Entertainment CZR.O to $51 from $60 ** Notes weakness across CZR's regional portfolio on hig
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U.S. STOCKS Uber, silver miners, Arm

BUZZ-U.S. STOCKS ON THE MOVE-Uber, silver miners, Arm Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes rose on Friday as investors reevaluated the possibility of a bigger interest rate cut by the Federal Reserve next week, while Photoshop maker Adobe tumbled after forecasting fourth-quarter earnings below estimates.
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U.S. STOCKS Atea Pharmaceuticals, Adobe, Similarweb

BUZZ-U.S. STOCKS ON THE MOVE-Atea Pharmaceuticals, Adobe, Similarweb Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street was on track to open slightly higher on Friday as investors reevaluated the possibility of a bigger interest rate cut by the Federal Reserve next week, while Boeing fell after the planemaker's factory workers went on strike.
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Stifel cuts Wynn Resorts' PT; says co shares pressured by Macau gaming market

BUZZ-Stifel cuts Wynn Resorts' PT; says co shares pressured by Macau gaming market ** Stifel cuts Wynn Resorts' WYNN.O target price to $103 from $121; maintains "Buy" rating ** The new PT represents a 35% upside to stock's last close of $76.26 ** Brokerage says WYNN shares continue to get pressured due to their heavy exposure to the controversial Macau gaming market ** WYNN's Macau business bought in $95.91 mln in adj.
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