Saturday, July 1, marked the first day of recreational marijuana sales in the state of Nevada, and by any measure, it was a huge success. An estimate by the Nevada Dispensary Association puts first-weekend sales of recreational pot at between $3 and $5 million.
Lines were long, with some customers waiting up to an hour to make their purchases. Among the buyers was state Senator Tick Segerblom, an early supporter of legal recreational use in the state, who made the first purchase at The+Source dispensary. The senator bought a pre-rolled joint of strain named for him, Segerblom Haze.
Nevada is the fifth state to launch legal sales of marijuana for recreational use and is hoping to follow in the footsteps of Colorado, Washington, Oregon, and Alaska in adding to the state’s coffers with tax revenue generated by the sales. Given the tourist traffic the state already generates thanks to its casino gambling, both the industry and the state are expecting big things. Only California’s potential receipts from legal recreational sales (scheduled to begin next year) are expected to exceed Nevada’s.
Top 10 Casino Stocks To Watch For 2019: AVG Technologies N.V.(AVG)
Advisors' Opinion:- [By Shane Hupp]
FinnCap cut shares of Avingtrans (LON:AVG) to a corporate rating in a research report report published on Monday.
Shares of LON:AVG opened at GBX 223 ($2.97) on Monday. Avingtrans has a one year low of GBX 174.11 ($2.32) and a one year high of GBX 260 ($3.46).
Top 10 Casino Stocks To Watch For 2019: BorgWarner Inc.(BWA)
Advisors' Opinion:- [By Lisa Levin] Companies Reporting Before The Bell General Motors Company (NYSE: GM) is projected to report quarterly earnings at $1.24 per share on revenue of $34.66 billion. Bristol-Myers Squibb Company (NYSE: BMY) is estimated to report quarterly earnings at $0.85 per share on revenue of $5.24 billion. United Parcel Service, Inc. (NYSE: UPS) is expected to report quarterly earnings at $1.55 per share on revenue of $16.44 billion. Time Warner Inc. (NYSE: TWX) is projected to report quarterly earnings at $1.74 per share on revenue of $7.91 billion. ConocoPhillips (NYSE: COP) is expected to report quarterly earnings at $0.74 per share on revenue of $8.81 billion. PepsiCo, Inc. (NYSE: PEP) is expected to report quarterly earnings at $0.93 per share on revenue of $12.4 billion. American Airlines Group Inc. (NASDAQ: AAL) is estimated to report quarterly earnings at $0.72 per share on revenue of $10.42 billion. Southwest Airlines Co (NYSE: LUV) is expected to report quarterly earnings at $0.74 per share on revenue of $5.01 billion. Fiat Chrysler Automobiles N.V. (NYSE: FCAU) is estimated to report quarterly earnings at $0.8 per share on revenue of $34.52 billion. Union Pacific Corporation (NYSE: UNP) is projected to report quarterly earnings at $1.66 per share on revenue of $5.38 billion. D.R. Horton, Inc. (NYSE: DHI) is expected to report quarterly earnings at $0.85 per share on revenue of $3.76 billion. The Hershey Company (NYSE: HSY) is estimated to report quarterly earnings at $1.4 per share on revenue of $1.94 billion. Praxair, Inc. (NYSE: PX) is expected to report quarterly earnings at $1.56 per share on revenue of $2.94 billion. Altria Group, Inc. (NYSE: MO) is projected to report quarterly earnings at $0.92 per share on revenue of $4.63 billion. Shire plc (NASDAQ: SHPG) is estimated to report quarterly earnings at $3.54 per share on revenue of $3.72 billion. Oshkosh Corporation (NYSE: OSK) is projected to report quarter
- [By Logan Wallace]
Get a free copy of the Zacks research report on BorgWarner (BWA)
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- [By Chris Lange]
The S&P 500 stock posting the largest daily percentage loss ahead of the close was BorgWarner Inc. (NYSE: BWA) which traded down about 6% at $48.55. The stock��s 52-week range is $40.00 to $58.22. Volume was roughly 3 million compared to the daily average volume of 1.4 million.
- [By Logan Wallace]
Baird Financial Group Inc. decreased its stake in BorgWarner Inc. (NYSE:BWA) by 2.4% during the 1st quarter, HoldingsChannel.com reports. The firm owned 121,422 shares of the auto parts company’s stock after selling 2,931 shares during the quarter. Baird Financial Group Inc.’s holdings in BorgWarner were worth $6,099,000 at the end of the most recent reporting period.
Top 10 Casino Stocks To Watch For 2019: TransAlta Corporation(TAC)
Advisors' Opinion:- [By Joseph Griffin]
TransAlta (NYSE: TAC) is one of 69 publicly-traded companies in the “Electric services” industry, but how does it contrast to its peers? We will compare TransAlta to similar businesses based on the strength of its valuation, analyst recommendations, institutional ownership, profitability, earnings, risk and dividends.
- [By Stephan Byrd]
Shares of TransAlta (TSE:TA) (NYSE:TAC) have been given a consensus rating of “Hold” by the eight brokerages that are currently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company. The average 12-month target price among analysts that have covered the stock in the last year is C$8.25.
Top 10 Casino Stocks To Watch For 2019: A-Mark Precious Metals, Inc.(AMRK)
Advisors' Opinion:- [By Lisa Levin]
Companies Reporting After The Bell Marriott International, Inc. (NASDAQ: MAR) is projected to post quarterly earnings at $1.22 per share on revenue of $5.72 billion. Electronic Arts Inc. (NASDAQ: EA) is estimated to post quarterly earnings at $1.04 per share on revenue of $5.68 billion. The Walt Disney Company (NYSE: DIS) is projected to post quarterly earnings at $1.68 per share on revenue of $14.05 billion. Papa John's International, Inc. (NASDAQ: PZZA) is expected to post quarterly earnings at $0.62 per share on revenue of $441.73 million. Jazz Pharmaceuticals plc (NASDAQ: JAZZ) is projected to post quarterly earnings at $2.77 per share on revenue of $434.87 million. Sun Life Financial Inc. (NYSE: SLF) is estimated to post quarterly earnings at $0.89 per share on revenue of $6.38 billion. LATAM Airlines Group S.A. (NYSE: LTM) is expected to post quarterly earnings at $0.16 per share on revenue of $2.70 billion. Liberty Global plc (NASDAQ: LBTYA) is projected to post quarterly earnings at $0.02 per share on revenue of $4.05 billion. TripAdvisor, Inc. (NASDAQ: TRIP) is expected to post quarterly earnings at $0.16 per share on revenue of $362.11 million. The Wendy's Company (NASDAQ: WEN) is projected to post quarterly earnings at $0.1 per share on revenue of $379.98 million. A-Mark Precious Metals, Inc. (NASDAQ: AMRK) is expected to post quarterly earnings at $0.06 per share on revenue of $1.69 billion. Monster Beverage Corporation (NASDAQ: MNST) is estimated to post quarterly earnings at $0.4 per share on revenue of $849.38 million. Convergys Corporation (NYSE: CVG) is expected to post quarterly earnings at $0.4 per share on revenue of $670.10 million. ScanSource, Inc. (NASDAQ: SCSC) is projected to post quarterly earnings at $0.7 per share on revenue of $875.91 million. KAR Auction Services, Inc. (NYSE: KAR) is expected to post quarterly earnings at $0.76 per share on revenue of $923.13
Top 10 Casino Stocks To Watch For 2019: United States Steel Corporation(X)
Advisors' Opinion:- [By ]
Names like U.S. Steel (NYSE: X), Nucor Corp (NYSE: NUE), and AK Steel Holdings (NYSE: AKS) all had an initial bump higher upon the announcement of the tariffs. But the excitement soon faded, with prices plunging back lower.� The market is making it clear that tariffs of any kind are not welcome!
- [By Alexander Bird]
American steel maker AK Steel Holding Corp. (NYSE: AKS) jumped 9.5%, while U.S. Steel Corp. (NYSE: X) rose 5.7%.
Aluminum producer Century Aluminum Co. (Nasdaq: CENX) added 3.3%to its share price, and Alcoa Corp. (NYSE: AA) edged up 0.2%, both closing out the day with gains.
- [By Neha Chamaria]
To be fair, Nucor wasn't the only steel manufacturer to deliver a stellar 2017. Pretty much like Nucor, United States Steel (NYSE:X) also delivered its best profits since 2009 last year. For Steel Dynamics (NASDAQ:STLD), 2017 was a banner year, with its steel shipments, net sales, and operating income hitting record�highs.
- [By Garrett Baldwin]
Following the Trump administration's announcement, shares of United States Steel Corp.�(NYSE: X) added 4.3%. To learn more about how to play the steel market as steel tariffs begin to take full effect, click here…
Top 10 Casino Stocks To Watch For 2019: The Charles Schwab Corporation(SCHW)
Advisors' Opinion:- [By Stephan Byrd]
BlackRock (NYSE: BLK) and Charles Schwab Co. Common Stock (NYSE:SCHW) are both large-cap finance companies, but which is the superior stock? We will compare the two companies based on the strength of their dividends, valuation, analyst recommendations, profitability, institutional ownership, earnings and risk.
- [By Ethan Ryder]
Rockefeller Capital Management L.P. purchased a new stake in shares of Charles Schwab Co. (NYSE:SCHW) in the first quarter, HoldingsChannel.com reports. The institutional investor purchased 11,591 shares of the financial services provider’s stock, valued at approximately $605,000.
- [By Joseph Griffin]
TRADEMARK VIOLATION WARNING: “Credit Suisse Group Trims Charles Schwab (SCHW) Target Price to $60.00” was originally reported by Ticker Report and is the sole property of of Ticker Report. If you are viewing this piece on another domain, it was copied illegally and republished in violation of US and international trademark & copyright laws. The correct version of this piece can be read at https://www.tickerreport.com/banking-finance/3356662/credit-suisse-group-trims-charles-schwab-schw-target-price-to-60-00.html.
- [By Dustin Blitchok]
After CBOE Global Markets Inc (NASDAQ: CBOE) launched bitcoin futures in December, Charles Schwab Corporation (NYSE: SCHW) didn't immediately make the product available to clients, said Barry Metzger, the brokerage’s senior vice president of global, trading and advice.
- [By Garrett Baldwin] The ongoing trade rift between the United States and China continues to plague international markets. Despite reports that both countries are working behind the scenes to prevent additional detrimental trade policies, both countries recently proposed tens of billions in new tariffs on one another. The United States has accused China of widespread intellectual property theft, while China has accused the United States of unfair trade practices, including price manipulation in the agricultural industry. This morning, it's worth noting that proposed tariffs on U.S. business jets will likely not provide a competitive advantage to foreign competition. Reuters reports that Chinese aviation executives do not see the layer of protectionism as a way to bolster the nation's local market. Check back to Money Morning today for more insight on how the ongoing trade war could affect your investments. Finally, investors will continue to monitor ongoing developments in Washington around the presidency of Donald Trump. The White House has asked a federal judge to block prosecutors from reviewing any files seized from his lawyer's office during a raid by the FBI last week. The agency seized a trove of documents from lawyer Michael Cohen's office as part of an investigation into a payment of hush money. The spat between the White House and the FBI continues a day after former FBI Director James Comey called Trump "morally unfit to be president." Three Stocks to Watch Today: BAC, NFLX, AAPL Shares of Bank of America Corp. (NYSE: BAC) added nearly 1% after the nation's largest bank by deposits topped Wall Street earning expectations. The financial institution leads a busy day of earnings reports on Wall Street and hopes to keep its positive momentum from previous quarters. The firm reported earnings per share of $0.62 on top of $23.27 billion in revenue. That topped expectations of $0.59 on top of $22.91 billion thanks to strong growth in its consumer loan business and the r
Top 10 Casino Stocks To Watch For 2019: Agenus Inc.(AGEN)
Advisors' Opinion:- [By Logan Wallace]
Agenus (NASDAQ:AGEN) was downgraded by analysts at BidaskClub from a “strong-buy” rating to a “buy” rating in a research note issued to investors on Monday.
- [By Cory Renauer]
Harnessing the power of the immune system to fight cancer is a big deal and Agenus Inc. (NASDAQ:AGEN) looks like a great way to follow the trend. This stock trades like a small-cap biotech, but a couple of candidates coming through its pipeline could help push annual revenue past the $1 billion mark. Plus, by this time next year, the company could have half a dozen or so new candidates in clinical trials.
- [By Shane Hupp]
Shares of Agenus (NASDAQ:AGEN) dropped 9.8% during trading on Monday following a dissappointing earnings announcement. The stock traded as low as $3.30 and last traded at $3.32. Approximately 2,421,286 shares changed hands during mid-day trading, an increase of 53% from the average daily volume of 1,586,724 shares. The stock had previously closed at $3.68.
Top 10 Casino Stocks To Watch For 2019: Bed Bath & Beyond Inc.(BBBY)
Advisors' Opinion:- [By Chris Lange]
Bed Bath & Beyond Inc. (NASDAQ: BBBY) is expected to report its fiscal first-quarter results on Wednesday. The analysts�� consensus forecast is EPS of $0.32 on $2.75 billion in revenue. Shares were changing hands at $20.07 as last week came to a close. The consensus price target is $17.76, and the stock has a 52-week range of $16.52 to $31.29.
- [By Demitrios Kalogeropoulos]
Specialty retailer Bed Bath & Beyond (NASDAQ:BBBY) lost 17% last month compared to a slight increase in the S&P 500, according to data provided by S&P Global Market Intelligence.
- [By Shane Hupp]
Bed Bath & Beyond Inc. (NASDAQ:BBBY) – Equities research analysts at Wedbush increased their Q3 2019 EPS estimates for Bed Bath & Beyond in a research report issued on Thursday, June 28th. Wedbush analyst S. Basham now expects that the retailer will earn $0.15 per share for the quarter, up from their prior estimate of $0.12. Wedbush currently has a “Neutral” rating and a $18.00 target price on the stock. Wedbush also issued estimates for Bed Bath & Beyond’s Q4 2019 earnings at $1.24 EPS and FY2019 earnings at $2.23 EPS.
- [By Timothy Green]
Shares of Bed Bath & Beyond (NASDAQ:BBBY) are falling today after the retailer reported first-quarter results. While Bed Bath & Beyond matched analyst estimates for revenue, a decline in comparable sales was enough bad news to send the stock down as much as 10% Thursday morning. By 12:40 p.m. EDT, the stock was down just 2%.
- [By ]
These earnings offset the horrible news from Bed Bath & Beyond (BBBY) , as that retailer continues its struggle against Amazon (AMZN) . Shares of Bed Bath plummeted 20% by the close.
- [By Demitrios Kalogeropoulos]
Bed Bath & Beyond�(NASDAQ:BBBY) is about as exposed as a company can be to the negative trends impacting the physical retailing world. Its store base is focused in malls that are seeing falling customer traffic, and its home furnishings categories are under assault from online rivals.
Top 10 Casino Stocks To Watch For 2019: MediWound Ltd.(MDWD)
Advisors' Opinion:- [By Ethan Ryder]
Mediwound (NASDAQ: MDWD) and True Drinks (OTCMKTS:TRUU) are both small-cap medical companies, but which is the better investment? We will contrast the two companies based on the strength of their institutional ownership, dividends, earnings, risk, analyst recommendations, valuation and profitability.
- [By Money Morning Staff Reports]
After looking at this week's penny stock gainers, we'll give you that leg up with one of our top-rated penny stocks from our proprietary stock ranking system…
Penny Stock Current Share Price (March 26) Last Week's Gain Cartesian Inc. (OTCMKTS: CRTN) $0.39 170.69% Odyssey Marine Exploration Inc. (Nasdaq: OMEX) $8.76 135.90% iFresh Inc. (Nasdaq: IFMK) $8.25 64.64% China Auto Logistics Inc. (Nasdaq: CALI) $4.68 47.43% National American University Holdings Inc. (Nasdaq: NAUH) $1.20 39.29% Document Security Systems Inc. (NYSE: DSS) $1.58 33.91% Blonder Tongue Labs Inc. (NYSE: BDR) $0.77 33.90% CareDx Inc. (Nasdaq: CDNA) $7.49 29.88% Mediwound Ltd. (Nasdaq: MDWD) $5.10 26.51% New York & Co. Inc. (NYSE: NWY) $3.37 26.35%Don't Miss This Shot at a $78,000 Windfall: This tiny firm is about to make the entire world wire-free. As its game-changing technology revolutionizes the global power structure, its stock could hand investors a massive return. Learn more…
Top 10 Casino Stocks To Watch For 2019: Mastercard Incorporated(MA)
Advisors' Opinion:- [By Trey Thoelcke]
Mastercard Inc. (NYSE: MA) will share its latest quarterly earnings first thing Wednesday. The consensus estimates call for $1.25 in EPS and $3.25 billion in revenue. Shares ended last week at $175.94, in a 52-week range of $115.55 to $183.73. The consensus analyst target is $196.12.
- [By Joseph Griffin]
Mastercard (NYSE:MA) had its target price boosted by Buckingham Research from $194.00 to $222.00 in a report published on Tuesday. They currently have a buy rating on the credit services provider’s stock.
- [By Neha Chamaria]
Investing for really long periods of time, however, becomes easier if you bet on industry stalwarts that have consistently rewarded shareholders and possess strong growth catalysts to keep them going for years to come. I can think of four such "forever" stocks right now: Canadian National Railway (NYSE:CNI), Waste Management (NYSE:WM), Mastercard (NYSE:MA), and Visa (NYSE:V).
- [By ]
Selected examples: (BXP) , (DFS) , (HST) , (MA) , (TXN) , (USB) .
Inflation Is a Key RiskExecs were most worried about inflation, as they should be.
- [By Jason Hall]
Three investments that have really paid off are�Trex Company Inc�(NYSE:TREX), Mastercard Inc�(NYSE:MA), and Starbucks Corporation�(NASDAQ:SBUX). Since May 31, 2008 (one decade before writing this article), Trex, Mastercard, and Starbucks have delivered total returns of 2,000%, 552%, and 610%, respectively. So, if you'd invested $7,000 combined into these three companies a decade ago, you'd have $73,775 today, including dividends.�
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