NEW YORK, December 21, 2016 /PRNewswire/ --
The Resorts and Casinos industry is composed of lodging and recreational establishments that provide both facilities on the
same premises. The Resort segment of the industry typically offers guests a broad spectrum of amenities and various services,
while the Casino segment is located on the premises of a resort, and may offer sports betting, table wagering games, and slot
machines, amongst others. Today, Stock-Callers.com takes note of the following equities: MGM Resorts International (NYSE:
MGM), Carnival Corp. (NYSE: CCL), Las Vegas Sands Corp. (NYSE: LVS), and Wynn Resorts Ltd (NASDAQ: WYNN). Learn more about these
stocks by accessing their free research reports at:
http://stock-callers.com/registration
MGM Resorts
On Tuesday, shares in Las Vegas, Nevada-based MGM Resorts International recorded a trading
volume of 4.38 million shares. The stock ended the day at $28.63, climbing 0.14% from the last
trading session. The Company's shares have advanced 0.70% in the last one month, 14.15% in the previous three months, and 26.01%
on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 3.63% and 17.44%, respectively.
Furthermore, shares of MGM Resorts International, which through its wholly owned subsidiaries, owns and/or operates casino
resorts in the US and China, have a Relative Strength Index (RSI) of 50.78.
On December 16th, 2016, research firm Goldman initiated a 'Buy' rating on the
Company's stock.
On December 18th, 2016, MGM Resorts announced the milestone grand opening of its
newest live entertainment venue on the Las Vegas Strip - Park Theater at Monte Carlo Resort and Casino. The premiere of Park
Theater serves as the first step in the reimagination of Monte Carlo. The transformation, taking
place over the next two years, will include two distinct hotel experiences - a Las Vegas version
of Sydell Group's famed NoMad Hotel and the launch of a new luxury hotel named Park MGM. Free research report on MGM is available
at:
http://stock-callers.com/registration/?symbol=MGM
Carnival
Miami, Florida headquartered Carnival Corp.'s stock rose 2.28%, finishing yesterday's session
at $52.49. A total volume of 6.36 million shares was traded, which was above their three months
average volume of 4.16 million shares. The Company's shares have gained 2.62% in the last month and 15.34% over the previous
three months. The stock is trading above its 50-day and 200-day moving averages by 5.84% and 10.01%, respectively. Additionally,
shares of Carnival, which operates as a leisure travel and cruise company in North America,
Europe, Australia, and Asia,
have an RSI of 56.94.
On December 19th, 2016, research firm Berenberg downgraded the Company's stock rating
from 'Buy' to 'Hold'.
On December 20th, 2016, Carnival announced GAAP net income for Q4 FY16 of
$609 million, or $0.83 diluted EPS, compared to $270 million, or $0.35 diluted EPS, for Q4 FY15. In Q4 FY16, the Company's gross
revenue yields (revenue per available lower berth day or "ALBD") increased 1.6% on a y-o-y basis. Gross cruise costs including
fuel per ALBD increased 0.2% on a y-o-y basis. The complimentary research report on CCL can be downloaded at:
http://stock-callers.com/registration/?symbol=CCL
Las Vegas Sands
Shares in Nevada-based Las Vegas Sands Corp. ended Tuesday's session 0.80% lower at
$54.26. The stock recorded a trading volume of 6.46 million shares, which was above its three
months average volume of 4.56 million shares. The Company's shares have gained 29.01% since the start of this year. The stock is
trading 5.65% above its 200-day moving average. Moreover, shares of Las Vegas Sands, which together with its subsidiaries,
develops, owns, and operates integrated resorts in Asia and the US, have an RSI of 36.83.
On November 14th, 2016, Sands Bethlehem, a leading regional casino and entertainment
destination located in Bethlehem, PA, and owned and operated by Las Vegas Sands, announced plans
for a $90 million casino expansion. With construction expected to begin in Q1 2017, the expansion
is estimated to add a new gaming floor and more than 1,000 new gaming seats. The footprint expansion is approximately 59,200
square feet and a total gross floor area expansion of almost 100,000 square feet. Visit us today and access our complete research
report on LVS at:
http://stock-callers.com/registration/?symbol=LVS
Wynn Resorts
At the close, Las Vegas, Nevada-based Wynn Resorts Ltd's stock dropped 2.01%, finishing at
$88.31. A total volume of 4.09 million shares was traded, which was higher than their three months
average volume of 3.20 million shares. The Company's shares have advanced 30.57% on an YTD basis. The stock is trading 5.85%
below its 50-day moving average. Additionally, shares of Wynn Resorts, which together with its subsidiaries, develops, owns, and
operates destination casino resorts, have an RSI of 38.72.
On December 14th, 2016, Wynn Las Vegas and Amazon announced plans to equip all 4,748
hotel rooms at Wynn Las Vegas with Echo, Amazon's hands-free voice-controlled speaker. Get free access to your research report on
WYNN at:
http://stock-callers.com/registration/?symbol=WYNN
--
Stock Callers:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment
newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments.
One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports
covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered
analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and
micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a
third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on
analyst credentials, please email info@stock-callers.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document
templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is
believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed
any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently
reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or
interfere in the application of such procedures by the third-party research service company to the articles, documents or
reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or
the Reviewer in any way.
NO WARRANTY
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this
document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss
arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or
liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document.
Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing
of the information, or (2) warrant any results from use of the information. The included information is subject to change without
notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities
mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers
in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with
any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
http://stock-callers.com/legal-disclaimer/
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a
company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: info@stock-callers.com
Phone number: +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA