According to data released by the Macao Gaming Inspection and Coordination Bureau, gaming revenue in the month of November came in at 16.4 billion patacas, about 32 percent lower than November 2014’s number.
In a new report, MKM Partners analyst Jonathan Krinsky focused on the outlook for oil stocks. Krinsky believes that now is the time for traders to unload oil stocks that have failed to rally in recent months.
In a new report, FBR & Co analyst Barton Crockett dialed back the firm’s earnings estimates and price target for Lions Gate, but reiterated FBR’s bullish stance on the stock.
The nearly seven-year-old bull market has shown its first major signs of weakness in 2015, as investors have begun to grow uneasy about high share prices, emerging market stability and weak commodity demand. With the S&P 500 now sitting more than 30 percent above its pre-Financial Crisis top, traders can’t help drawing comparisons to previous…
In a new report, Guggenheim analyst Michael LaMotte upgraded the oil services sector from Neutral to Buy based on the firm’s belief that oil prices are set for a sharp rebound in coming years.
With revenue in the world’s largest gaming destination, Macau, China, continuing to decline, casino investors have been looking to the state of Nevada for some much-needed good news this year.
In a new report, Guggenheim analyst Michael LaMotte has upgraded the oil services sector to buy and believes that there is plenty of upside for the major players given current market conditions. LaMotte argues that the new “lower for longer” consensus for oil prices is overly conservative.
In a new report, Exane BNP Paribas analyst Paul Schneider took a close look at the European recovery and whether European equities have more room to the upside. Schneider also named the firm’s top six Europe stocks to buy and top five stocks to avoid.
In a new report, Barclays analyst Guillermo Felices takes an in-depth look at the shaky Chinese economy. Barclays’ regression analysis identified the assets that would be most sensitive to a further slowdown in China in 2016.