Aegis Capital has upped its Q1 EBITDA estimates for Wynn Resorts, Limited WYNN 1.22% from $353.9 million to $359.7 million in light of the firm’s increasingly optimistic forecast for mass market revenue growth in Macau.
Apple Inc. AAPL 0.36% investors are hoping the 10-year anniversary iPhone 8 will be no ordinary iPhone. According to Morgan Stanley analyst Katy Huberty, the iPhone 8 sales cycle will be no ordinary cycle.
ESPN has been a thorn in the side of Walt Disney Co DIS 0.4% investors for several years now. However, Morgan Stanley analyst Benjamin Swinburne believes market sentiment about ESPN’s future has gotten way too bearish. According to Swinburne, ESPN could actually be a major driver of Disney revenue growth in coming years.
Akorn, Inc. AKRX 0.12% shares are drifting higher by 0.27 percent (about $0.10 per share) Wednesday after jumping 3.2 percent Tuesday following a report the company was on the verge of a buyout deal.
GNC Holdings Inc GNC 5.21% investors can’t help but be excited about the company’s surprisingly solid Q1 earnings report and the stock’s impressive 28 percent two-day rally. However, Deutsche Bank analyst Shane Higgins says GNC bulls shouldn’t get too far ahead of themselves. According to Higgins, GNC still has a lot of questions that need…
QUALCOMM, Inc. QCOM 0.77%’s presence in the new iPhone 8 may be significantly smaller than in previous models.
Earlier this month, Prescience Point Research Group released an extremely bearish report on Celadon Group, Inc. CGI 6.45% in which the firm alleged Celadon had inflated its reported tangible book value by more than 95 percent.
Once a year, even the largest, most complicated global conglomerates must break down their convoluted accounting practices and disclose to investors all the gory details of the company’s financial activities. This annual disclosure comes in the form of a 10-K filing. Former Microsoft Corporation MSFT 0.39% CEO Steve Ballmer wants to bring all the transparency…
Splunk Inc SPLK 1.6% and Tableau Software Inc DATA 6.12% may both have a central role to play in the data and cloud infrastructure business in the long-term. BTIG analyst Edward Parker has initiated both stocks with a Buy rating and says each stock brings something unique to the table for investors.
Facebook Inc FB 0.63% is under fire once again for hosting a video of horrific criminal activity on its platform. Police are on the hunt for Steve Stephens, who allegedly shot and killed 74-year-old Robert Godwin in the Cleveland area on Sunday and then posted a video of the incident on Facebook.