UBS Remains Bullish on Wynn Resorts Ltd (WYNN) Following Pre-Announcement

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Despite Strong Wynn Resorts (WYNN) Analyst Day, Wells Fargo Remains on the Sidelines

April 7, 2016 9:51 AM EDT

Wells Fargo analyst, Cameron McKnight, attended Wynn Resorts (NASDAQ: WYNN) resorts Analyst Day in Las Vegas. WYNN was the most bullish he can ever recall on Las Vegas driven by surging non-gaming demand but keeps his Market Perform rating because he believes Macau stabilization and improving Las Vegas trends are largely priced in.

The big news that came out of the analyst day was WYNN announced plans to redevelop its 130-acre golf course into Paradise Park and Lagoon. The project has a preliminary budget of $1-$1.5B and includes adding 1,000... More

Steve Wynn Comments on Elaine Wynn Filing; Says Recycling Same 'Lies,' 'Distortions' (WYNN)

April 6, 2016 6:29 AM EDT

Steve Wynn, Chairman and CEO of Wynn Resorts (NASDAQ: WYNN) through a spokesperson issued the following statement in response to the press release issued today by Elaine Wynn in reference to her amended counterclaim against Steve Wynn:

"In issuing a press release regarding the routine... More

After-Hours Stock Movers 04/05: (PLCM) (PFE) (AMGN) Higher; (CREE) (LINE) (WYNN) Lower (more...)

April 5, 2016 6:02 PM EDT

Cree, Inc. (Nasdaq: CREE) 17.2% LOWER; announced preliminary estimates of financial results for its third fiscal quarter ended March 27, 2016. Revenue for the quarter is estimated to be approximately $367 million, with earnings estimated to be ($0.01) loss to $0.01 per diluted share on a GAAP basis, and $0.13 to $0.15 per diluted share on a non-GAAP basis. These preliminary financial results are subject to completion of the Companys customary quarterly closing and review procedures. *** The Street sees Q3 revenue of $414... More

Wynn Resorts Ltd (WYNN) Q1 Macau Revenue Seen at $603-$613M

April 5, 2016 4:26 PM EDT

Wynn Resorts, Limited (Nasdaq: WYNN) announced preliminary expectations of its financial results for the first quarter ended March 31, 2016. The results in this release are preliminary and subject to the completion of the final financial statements, including the review of those financial statements by the Companys... More