With revenue in the world’s largest gaming destination, Macau, China, falling to its lowest level since November 2010, casino investors have been looking to the state of Nevada for some much-needed good news this year. The state’s Gaming Control Board recently released its report on gaming revenue for the month of May. Here’s a summary…
The site 24/7 Wall St. recently compiled its annual list of the worst companies to work for in the U.S., using data and job reviews from career website Glassdoor.com. Company rankings were determined based on employee ratings on Glassdoor, which ranged from 2.7 to 2.3 out of 5 for the 10 worst companies in 24/7 Wall…
A new report by Deutsche Bank analyst Yaron Kinar looks at the potential for M&A deals in the life insurance industry. Despite recent consolidation in the managed care and property and casualty (P&C) space, Kinar believes that the current environment in the life insurance industry is not a favorable one for large acquisitions.
On Tuesday, Sprint Corp S 2.46% launched its new all-inclusive, or “All-in,” plan, which offers consumers unlimited mobile phone services for a base cost of $60 per month. The 3rd-largest U.S. mobile services provider after AT&T Inc. T 0.34% and Verizon Communications Inc. VZ 0.34%, Sprint is hoping the new unlimited plan will help narrow the…
In a recent report, Macquarie analyst Cooley May discussed recent developments in the U.S. chemical industry, including fallout from the recent Supreme Court mercury ruling. May also provided Macquarie’s outlook for a strained European ethylene market.
While the world is watching the drama over Greece unfold on a day-to-day basis, many investors are wondering how much market risk is involved in the Greece situation and what ways, if any, can investors profit from the turmoil.
Microsoft Corporation MSFT 0.02% has announced a pair of deals in its latest efforts to cut back on its non-profitable online operations. Reuters reported that Microsoft has reached deals with AOL, Inc. (NYSE: AOL) and Uber to take over Microsoft’s display advertising business and map generating technology,
The opportunities that social media sites like Facebook Inc FB 0.43% and Twitter Inc TWTR 0.9% provide for companies to gain trendy, cheap exposure for their products and services are too much for many companies to resist. While many companies have been successful in building their brands by creating “viral” social media content, some companies…
China’s stock market and economy have been enduring bumpy rides in recent weeks, as a sharp decline in stock prices prompted the People’s Bank of China (PBC) to lower the reserve requirement ratio (RRR) for targeted banks and cut both the lending and deposit benchmark interest rates.
With the launch of Apple Inc. AAPL 0.13%‘s Apple Music imminent, Albert Fried & Co. analyst Rich Tullo decided to take an in-depth look at streaming music rival Pandora Media Inc P 1.11%. Despite Apple’s hyped-up new presence in the streaming music space, Tullo believes that Pandora still has a firm grip on the world…