International Business News - WYNN http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Casino companies with operations in the Chinese enclave of Macau mostly declined on Tuesday, as any positive effect from a local news report showing a 44 percent jump in gambling revenues in August was tempered by analysts' cautions that government restrictions may slow future gains. http://www.ibtimes.com/articles/20080902/some-casino-stocks-dip-despite-macau-revenue-gain.htm Tue, 02 Sep 2008 19:59:58 EDT Macau casinos could benefit from new regulations allowing direct flights between mainland China and Taiwan, Jefferies Research analysts said in a note Tuesday. http://www.ibtimes.com/articles/20080902/ahead-of-the-bell-macau-casinos.htm Tue, 02 Sep 2008 08:59:08 EDT U.S. mall developer Taubman Centers Inc. unveiled its foray into the booming gambling city of Macau on Wednesday--a giant upscale shopping center aimed at capitalizing on China's growing appetite for luxury goods. http://www.ibtimes.com/articles/20080827/taubman-centers-unveils-luxury-mall-in-macau.htm Wed, 27 Aug 2008 06:15:20 EDT Shares of casino operators rebounded Friday as oil prices fell and Wall Street was cheered by Federal Reserve Chairman Ben Bernanke's comments that the central bank is unlikely to soon raise interest rates. http://www.ibtimes.com/articles/20080822/sector-wrap-casino-operators-rebound.htm Fri, 22 Aug 2008 16:12:27 EDT Shares of major casino operators with properties in Macau slipped on Wednesday as investors grappled with shifting oil prices and a news report that the Chinese government may place new restrictions on visits to the gambling enclave. http://www.ibtimes.com/articles/20080820/macau-casino-operators-shares-decline.htm Wed, 20 Aug 2008 17:38:40 EDT The U.S. hotel industry continued to post occupancy and revenue per available room declines in the first week of August, according to data collected by a market research firm. http://www.ibtimes.com/articles/20080813/us-hotel-industry-continues-declines-last-week.htm Wed, 13 Aug 2008 16:55:25 EDT Among the premarket stories for Tuesday, Aug. 12, from AP Financial News: NEW YORK (AP)--A JPMorgan analyst downgraded his rating on Wynn Resorts Ltd. Tuesday saying it would be difficult for the company to sustain a recent rise in its share price. http://www.ibtimes.com/articles/20080812/premarket-roundup-wynn-resorts-ldk-solar.htm Tue, 12 Aug 2008 09:56:46 EDT A JPMorgan analyst downgraded his rating on Wynn Resorts Ltd. Tuesday saying it would be difficult for the company to sustain a recent rise in its share price. http://www.ibtimes.com/articles/20080812/ahead-of-the-bell-wynn-downgraded-by-jpmorgan.htm Tue, 12 Aug 2008 09:25:15 EDT The American Gaming Association spent $400,000 in the second quarter to lobby on Internet gambling regulations and other issues, according to an amended disclosure report. http://www.ibtimes.com/articles/20080808/american-gaming-assn-spent-400k-to-lobby-in-2q.htm Fri, 08 Aug 2008 16:47:17 EDT U.S. hotel performance continued to lag last week with declines in overall occupancy and revenue per available room, according to data collected by a market research firm. http://www.ibtimes.com/articles/20080731/us-hotel-industry-books-declines-last-week.htm Thu, 31 Jul 2008 17:59:40 EDT The lodging sector looked less than comfortable Thursday as earnings reports from two major hotel and casino companies outlined the troubles facing the industry in the U.S. http://www.ibtimes.com/articles/20080724/us-slowdown-still-weighing-on-lodging-leisure.htm Thu, 24 Jul 2008 20:10:22 EDT Wynn Resorts Ltd. reported Thursday that its second-quarter earnings more than tripled compared to last year due to a hefty tax benefit and strong revenue growth at the Las Vegas-based casino operator's Macau property. http://www.ibtimes.com/articles/20080724/wynn-resorts-2q-profit-more-than-triples.htm Thu, 24 Jul 2008 19:03:56 EDT Casino operator Wynn Resorts Ltd. reports second-quarter results on Thursday. The following is a summary of key developments and analyst opinion related to the period. http://www.ibtimes.com/articles/20080722/earnings-preview-wynn-resorts.htm Tue, 22 Jul 2008 17:51:12 EDT Macau casino mogul Stanley Ho's company finally began trading on the Hong Kong stock exchange Wednesday after years of delays as he tries to fend off challenges from American newcomers in the Chinese gambling enclave. http://www.ibtimes.com/articles/20080716/macau-casino-company-debuts-on-hk-bourse.htm Wed, 16 Jul 2008 07:27:26 EDT Casino mogul Steve Wynn says hiring will begin Sunday for 5,300 positions at his new Encore resort on the Las Vegas Strip. Wynn tells The Associated Press he sees good and bad in the current economic slump, which he thinks is affecting other hotels and casinos more than his high-end Wynn Las Vegas resort. http://www.ibtimes.com/articles/20080714/wynn-5-300-jobs-open-at-encore-resort-in-vegas.htm Mon, 14 Jul 2008 18:37:34 EDT The Nasdaq 100 index fell Friday as oil prices hit a fresh high and the broader market declined on concerns about Fannie Mae and Freddie Mac. The index, which includes 100 of the largest nonfinancial securities listed on the Nasdaq Stock Market, declined 28.69 points, or 1.6 percent, to 1,810.88. The broader Nasdaq composite fell 18.77 points to 2,239.08. http://www.ibtimes.com/articles/20080711/nasdaq-100-leaders-and-laggards-infy-wynn-uaua.htm Fri, 11 Jul 2008 17:40:00 EDT The Nasdaq 100 index fell in midday trading Friday with the broader markets on concern about Fannie Mae and Freddie Mac, and crude oil prices rallied to fresh highs. http://www.ibtimes.com/articles/20080711/midday-leaders-and-laggards-nasdaq-100.htm Fri, 11 Jul 2008 12:11:55 EDT Shares of Wynn Resorts Ltd. jumped at market open Friday after the casino resort operator said it expects sharply higher operating profit at its Macau property and announced a boost to its buyback program. http://www.ibtimes.com/articles/20080711/out-of-the-gate-wynn-resorts-shares-surge.htm Fri, 11 Jul 2008 10:03:16 EDT Shares of Freddie Mac and Fannie Mae plunged in premarket trading Friday as fears of insolvency continue to swirl around the mortgage lenders. Speculation in recent days that the U.S. government will have to step in and bail out the companies sent their stocks to the lowest levels since the early 1990s, and raised further concerns that the government-sponsored lenders will be unable to raise cash if share prices do not recover. http://www.ibtimes.com/articles/20080711/premarket-movers-freddie-mac-fannie-mae-plunge.htm Fri, 11 Jul 2008 09:22:23 EDT Shares of Lawson Software Inc. may trade actively on Friday, after the business software company guided for adjusted fiscal first-quarter and annual earnings below Wall Street expectations. http://www.ibtimes.com/articles/20080711/on-the-watch-lwsn-wynn-cvx.htm Fri, 11 Jul 2008 08:48:07 EDT