Wynn Resorts Ltd. and other Macau casino owners have been getting whacked ever since May gaming revenue figures disappointed investors last Friday.
Shares of Wynn have plunged almost 10 percent since the report was released. MGM Resorts International, Las Vegas Sands Corp. and Melco Resorts & Entertainment Ltd. have also come under pressure.
#lazy-img-328347155:before{padding-top:56.25%;}Wynn tumbled 5 percent on Monday after Deutsche Bank, a long-term bull, trimmed second-quarter estimates, with analyst Carlo Santarelli suggesting this year’s World Cup “could cause some VIP softness in June” for the junket operators who bring players to the Asian gambling enclave.
Morgan Stanley analysts also cited World Cup concerns as a reason for potential near-term volatility. But they also saw something else at play -- fallout from fresh steps by the Chinese central bank to “to crack down on irregularities in internet finance, underground banks and illegal foreign exchange trading.”
Best Casino Stocks To Invest In 2019: Espey Mfg. & Electronics Corp.(ESP)
Advisors' Opinion:- [By Ethan Ryder]
Espers (ESP) is a PoW/PoS coin that uses the HMQ1725 hashing algorithm. It was first traded on April 28th, 2016. Espers’ total supply is 21,802,827,290 coins. The Reddit community for Espers is /r/esperscoin and the currency’s Github account can be viewed here. Espers’ official Twitter account is @CryptoCoderz and its Facebook page is accessible here. Espers’ official website is espers.io.
- [By Stephan Byrd]
Espers (CURRENCY:ESP) traded up 5.2% against the US dollar during the one day period ending at 7:00 AM Eastern on May 28th. Espers has a market capitalization of $6.27 million and approximately $8,492.00 worth of Espers was traded on exchanges in the last 24 hours. One Espers coin can now be bought for about $0.0003 or 0.00000004 BTC on cryptocurrency exchanges including Livecoin and CoinExchange. During the last seven days, Espers has traded down 26.2% against the US dollar.
Best Casino Stocks To Invest In 2019: Rare Element Resources Ltd.(REE)
Advisors' Opinion:- [By Logan Wallace]
ReeCoin (CURRENCY:REE) traded flat against the dollar during the 1-day period ending at 14:00 PM Eastern on June 27th. Over the last week, ReeCoin has traded 5% higher against the dollar. One ReeCoin coin can now be purchased for about $0.0001 or 0.00000001 BTC on popular exchanges. ReeCoin has a total market cap of $175,206.00 and $0.00 worth of ReeCoin was traded on exchanges in the last day.
Best Casino Stocks To Invest In 2019: First Connecticut Bancorp, Inc.(FBNK)
Advisors' Opinion:- [By Max Byerly]
BidaskClub downgraded shares of First Connecticut Bancorp (NASDAQ:FBNK) from a hold rating to a sell rating in a research note issued to investors on Wednesday morning.
- [By Joseph Griffin]
Southern Missouri Bancorp (NASDAQ: SMBC) and First Connecticut Bancorp (NASDAQ:FBNK) are both small-cap finance companies, but which is the better investment? We will compare the two businesses based on the strength of their analyst recommendations, valuation, earnings, profitability, institutional ownership, risk and dividends.
- [By Logan Wallace]
Get a free copy of the Zacks research report on First Connecticut Bancorp (FBNK)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Stephan Byrd]
Get a free copy of the Zacks research report on First Connecticut Bancorp (FBNK)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Best Casino Stocks To Invest In 2019: Cabot Corporation(CBT)
Advisors' Opinion:- [By Taylor Cox]
Investor Events
Analyst/investor days for: PayPal Holdings, Inc (NASDAQ: PYPL), Cabot Corporation (NYSE: CBT), S&P Global Inc (NYSE: SPGI), Total System Services, Inc (NYSE: TSS), and TTM Technologies, Inc (NASDAQ: TTMI) Roku, Inc (NASDAQ: ROKU) annual shareholder meeting Equifax Inc (NYSE: EFX) will meet with investors in L.A.Friday
- [By Lisa Levin]
Companies Reporting After The Bell Hertz Global Holdings, Inc. (NYSE: HTZ) is projected to post quarterly loss at $1.31 per share on revenue of $1.97 billion. International Flavors & Fragrances Inc. (NYSE: IFF) is estimated to post quarterly earnings at $1.59 per share on revenue of $909.36 million. Zillow Group, Inc. (NASDAQ: ZG) is expected to post quarterly earnings at $0.06 per share on revenue of $294.79 million. General Cable Corporation (NYSE: BGC) is estimated to post quarterly earnings at $0.15 per share on revenue of $980.61 million. Central Garden & Pet Company (NASDAQ: CENT) is expected to post quarterly earnings at $0.84 per share on revenue of $598.45 million. Cabot Corporation (NYSE: CBT) is estimated to post quarterly earnings at $1 per share on revenue of $746.42 million. Fabrinet (NYSE: FN) is expected to post quarterly earnings at $0.71 per share on revenue of $319.71 million. National General Holdings Corp. (NASDAQ: NGHC) is projected to post quarterly earnings at $0.55 per share on revenue of $1.08 billion. The Navigators Group, Inc. (NASDAQ: NAVG) is estimated to post quarterly earnings at $0.75 per share on revenue of $320.92 million. Diplomat Pharmacy, Inc. (NYSE: DPLO) is expected to post quarterly earnings at $0.22 per share on revenue of $1.29 billion. Trex Company, Inc. (NYSE: TREX) is projected to post quarterly earnings at $1.19 per share on revenue of $172.22 million. AMC Entertainment Holdings, Inc. (NYSE: AMC) is expected to post quarterly earnings at $0.09 per share on revenue of $1.35 billion. Envision Healthcare Corporation (NYSE: EVHC) is projected to post quarterly earnings at $0.64 per share on revenue of $2.02 billion. Regal Beloit Corporation (NYSE: RBC) is estimated to post quarterly earnings at $1.23 per share on revenue of $869.64 million. Amedisys, Inc. (NASDAQ: AMED) is projected to post quarterly earnings at $0.67 per share on revenue of $39 - [By Stephan Byrd]
CommerceBlock (CURRENCY:CBT) traded up 0.7% against the US dollar during the 24 hour period ending at 20:00 PM Eastern on July 3rd. CommerceBlock has a market capitalization of $4.08 million and approximately $16,089.00 worth of CommerceBlock was traded on exchanges in the last day. During the last seven days, CommerceBlock has traded 13.8% lower against the US dollar. One CommerceBlock token can now be bought for approximately $0.0235 or 0.00000363 BTC on cryptocurrency exchanges including OKEx and IDEX.
- [By Joseph Griffin]
Sei Investments Co. increased its position in shares of Cabot Corp (NYSE:CBT) by 137.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 69,527 shares of the specialty chemicals company’s stock after acquiring an additional 40,219 shares during the quarter. Sei Investments Co. owned approximately 0.11% of Cabot worth $3,874,000 as of its most recent filing with the Securities and Exchange Commission.
- [By Logan Wallace]
Scopus Asset Management L.P. lifted its position in shares of Cabot Corp (NYSE:CBT) by 74.0% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 435,000 shares of the specialty chemicals company’s stock after buying an additional 185,000 shares during the quarter. Scopus Asset Management L.P.’s holdings in Cabot were worth $24,238,000 at the end of the most recent quarter.
Best Casino Stocks To Invest In 2019: Rhino Resource Partners LP(RNO)
Advisors' Opinion:- [By Shane Hupp]
Deutsche Bank set a €115.00 ($133.72) target price on Renault (EPA:RNO) in a report released on Friday morning. The firm currently has a buy rating on the stock.
- [By Ethan Ryder]
Renold (LON:RNO) announced its earnings results on Tuesday. The company reported GBX 4.50 ($0.06) EPS for the quarter, meeting analysts’ consensus estimates of GBX 4.50 ($0.06), Bloomberg Earnings reports. Renold had a return on equity of 201.92% and a net margin of 4.30%.
- [By Ethan Ryder]
JPMorgan Chase & Co. set a €98.00 ($113.95) price target on Renault (EPA:RNO) in a research note released on Monday. The firm currently has a neutral rating on the stock.
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