With November Macau gaming revenue numbers due out Thursday, Citi has upped its price targets for Macau casino stocks and believes the world’s largest gaming destination will return to positive revenue growth in 2017.
The world’s largest gaming destination — Macau, China — seems to finally be recovering after a multi-year downturn. However, with Macau revenue still depressed, casino investors are looking to the state of Nevada for some much-needed revenue growth this year.
SkyTides has followed up on a report from November 15 that Insulet Corporation PODD 1.68% has covered up patient deaths related to its Omnipod insulin pump. The report contained what SkyTides believes were 44 undisclosed Omnipod patient deaths and 51 FDA complaints that the product put children at risk.
The death of Fidel Castro has given investors a renewed sense of optimism about the future of U.S.-Cuba relations. The Herzfeld Caribbean Basin Fund, Inc CUBA 2.37% is trading up by more than 12.5 percent in Monday’s session.
Twitter Inc TWTR 0.55% shares have been on the move in early Monday trading following some unusual options trading activity surrounding the stock. Twitter opened the week trading down as low as $17.85 after closing Friday’s session at $18.07. However, at around 10:43 a.m., shares jumped to $18.20 in a matter of minutes following a…
As online retailers kick off Cyber Monday sales, early Black Friday numbers this holiday season seem to be mixed. The National Retail Federation (NRF) is reporting that 154 million shoppers made purchases over Black Friday weekend, up from 151 million in 2015. However, those 154 million consumers spent an average of only $290, down from…
Shares of the Hertzfeld Caribbean Basin Fund, Inc. CUBA 2.37%are higher by more than 10 percent in pre-market trading Monday following news over the weekend of the death of Fidel Castro. Investors speculating that Castro’s death could lead to a new era of prosperity in Cuba and a renewed spirit of cooperation and trade are…
While the tech sector as a whole has lagged the market since Election Day, the PureFunds ISE Cyber Security ETF HACK 0.57% has gained 3.7 percent, outpacing the S&P 500’s 3.3 percent rise.