The latest revenue numbers are out for the world’s largest gaming market, and they continue to fall well short of last year’s marks. January gaming revenue in Macau fell 17.4 percent year-over-year, marking the eighth straight month revenues have slipped below 2014 levels.
Real estate investment trust (REIT) Strategic Hotels & Resorts Inc BEE 0.45% has purchased the Montage Laguna Beach resort for $360 million, the most ever paid for a hotel in the state of California. The deal for the luxury works out to a cost of about $1.4 million per room.
The price of WTI crude oil spiked more than 8 percent to around $48 per barrel on Friday, when Baker Hughes Incorporated BHI 3.42% released its weekly U.S. rotary drill rig numbers. An acceleration of falling rig counts could be an indication that the oil and gas industry is now moving more swiftly to adapt…
Wunderlich Securities provided an update on its outlook for the North American oil and gas industry. The report included the most updated rig count statistics released last week.
After shares of Hawaiian Holdings, Inc. HA 1.96% dropped an incredible 27 percent on Friday on a disappointing earnings report, analysts at CRT Capital believe the stock offers exceptional value at current levels. In fact, in a report released Monday morning, analysts expressed how baffled they are at the drop.
The price of oil has fallen more than 50 percent over the past year, but some analysts believe the worst of the fall is already over. For investors wishing to profit off a recovery in oil prices, there are plenty of stocks to choose from. However, not all oil companies have a strong correlation to…
In a recent report, Keefe, Bruyette & Woods took a deep look at the financial sector and lowered earnings per share estimates for the following 16 companies:
This was an eventful week for investors of big tech names such as Amazon.com, Inc. (NASDAQ: AMZN), Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL), Facebook Inc (NASDAQ: FB), Apple Inc. (NASDAQ: AAPL) and Alibaba Group Holding Ltd (NYSE: BABA). After a mixed bag of earnings reports, how to the big names now compare from a fundamental standpoint?
Amazon.com, Inc. (NASDAQ: AMZN) shareholders are enjoying the company’s earnings beat on Friday, as shares of the eCommerce giant are up big. Investors seemed to like what visionary CEO Jeff Bezos had to say on the company’s conference call on Thursday. Here’s a list of seven times Jeff Bezos’ words have moved the stock market.
In a recent report, analysts at Credit Suisse updated their earnings forecasts for stocks in the electric power and utilities space. The updated earnings predictions incorporate the most recent data on U.S. power demand, nuclear outages and company guidance. Credit Suisse sees earnings per share above consensus for each of these five stocks: