wynn posts
FeedPosted Feb 27th 2010 9:40AM by Trey Thoelcke (RSS feed)
Filed under: Earnings Reports, Dell (DELL), H and R Block (HRB), Sears Holdings (SHLD), Gap Inc (GPS), Amer Intl Group (AIG), Kohl's Corp (KSS), Palm Inc (PALM), RadioShack Corp (RSH), Limited Brands (LTD), salesforce.com inc (CRM)
Here are some highlights from this past week's earnings coverage on BloggingStocks:
- American International Group Inc. (AIG) posted a big loss and warned it may require additional assistance.
- Athenahealth (ATHN) shares sank after it delayed earnings and its annual report, and warned of restatements.
- Barnes & Noble Inc. (BKS) Q3 sales jumped on popularity of the Nook reader but same-store sales declined.
- Brocade Communications Systems Inc. (BRCD) disappointing report and guidance caused a sell-off in shares.
- Dell Inc. (DELL) acquisitions and better-than-expected earnings may not be enough to stop shrinking market share.
- Gap Inc. (GPS) rose after it beat earnings estimates, raised its dividend and announced stock buybacks.
Continue reading Earnings Highlights: AIG, Dell, Gap, Heinz, Macy's, RadioShack, Sears ...
Posted Feb 26th 2010 1:30PM by Brent Archer (RSS feed)
Filed under: Earnings Reports, Bad News, Options, Technical Analysis

Wynn Resorts (
WYNN -
option chain) stock is trading slightly lower today after the company reported a fourth-quarter loss of $5.2 million, or 4 cents per share. Excluding one-time items,
WYNN earned 8 cents per share on revenue of $809 million. Analysts had forecast a profit of 13 cents per share on revenue of $784 million. Though the company was pleased with results from its Macau properties, company CEO Steve Wynn told a conference call that the company has a bearish outlook for its Las Vegas properties. If you think this stock won't be rising too far in the coming months, then it could be a good time to look at a bearish hedged play on WYNN.
This morning, WYNN opened at $62.49. So far today the stock has hit a high of $63.11 and a low of $61.18. As of 11:55, WYNN is trading at $62.39, down 41 cents (-0.6%). The chart for WYNN looks neutral and
S&P gives WYNN a neutral 3 STARS (out of 5) hold ranking.
Continue reading Wynn Resorts Drops on Q4 Loss
Posted Jan 4th 2010 11:45AM by Eric Buscemi (RSS feed)
Filed under: Analyst Reports, Analyst Upgrades and Downgrades, Intel (INTC), Boeing Co (BA), Bristol-Myers Squibb (BMY), Morgan Stanley (MS), Analyst Initiations
Analyst Upgrades
- Baird upgraded Intel (INTC) to outperform from neutral and has a $26 target on the stock. The firm's checks indicate tier-one PC OEMs have raised their 1H10 procurement forecasts, which could lead to Intel outperformance.
- Citigroup upgraded UnitedHealth (UNH) to buy from hold on expectations the company will benefit from a sector rotation into Managed Care in 2010. The firm raised its price target on shares to $39 from $30.
- UBS upgraded Morgan Stanley (MS) to buy from neutral based on strong capital and liquidity positions, building investment banking pipelines, and expectations for a turn in EPS/ROE, among other reasons.
- Deutsche Bank upgraded the U.S. Refining group as it believes demand is improving and margins could expand in 2010. The firm raised its rating on Sunoco (SUN) to hold from sell and its target on shares to $25 from $18, and upgraded Tesoro (TSO) and Frontier Oil (FTO) to buy from hold.
- Boeing (BA) was raised to overweight from equal weight at Barclays.
- Wynn Resorts (WYNN) was upgraded at UBS to buy from neutral.
- Investors Bancorp (ISBC) was upgraded to buy from neutral at Janney Montgomery.
Continue reading Analyst Upgrades, Downgrades and Initiations: BA, BMY, EAT, INTC, MS, UNH, WYNN ...
Posted Nov 13th 2009 11:40AM by Eric Buscemi (RSS feed)
Filed under: Analyst Reports, Analyst Upgrades and Downgrades, Analyst Initiations
Analyst upgrades:
- Wells Fargo upgraded Qualcomm (QCOM) to outperform from market perform. The firm believes key risks have been eliminated, such as the license dispute with Nokia (NOK) and litigation with Broadcom (BRCM), and thinks Qualcomm is well-positioned for handset unit shipments growth. Wells has a $50 to $60 target range on shares.
- Oppenheimer upgraded Juniper Networks (JNPR) to outperform from perform as it views shares as compelling at current levels and thinks the company is well positioned for 2010. Opco set a $31 price target on the stock.
- FBR Capital upgraded Frontline (FRO) to outperform from market perform after raising its rating on the tanker industry to overweight. The firm raised its target on shares to $33 from $23.
- PetSmart (PETM) was upgraded to buy from neutral at Goldman.
- Career Education (CECO) was upgraded to equal weight from underweight at Barclays.
- Rosetta Resources (ROSE) was upgraded to buy from neutral at SunTrust.
Continue reading Analyst upgrades, downgrades and initiations: AAP, FRO, MSFT, QCOM, SUN, WYNN ...
Posted Nov 11th 2009 12:00PM by Eric Buscemi (RSS feed)
Filed under: Analyst Reports, Analyst Upgrades and Downgrades, Analyst Initiations
Analyst upgrades:
- Citigroup upgraded FPL Group (FPL) to buy from hold on valuation and recommends buying the stock into the staff recommendation. The firm raised its target on shares to $58 from $55.
- Deutsche Bank upgraded Smithfield Foods (SFD) to buy from hold as it believes the company's fundamentals and export demand outlook are improving. The firm raised its target on shares to $20 from $12.
- Credit Suisse upgraded T. Rowe Price (TROW) to outperform from neutral and raised its target to $60 from $55 based on strong net inflows and potential operating leverage.
- Microchip (MCHP) was upgraded to neutral from sell at Goldman.
- Toll Brothers (TOL) was upgraded to outperform from market perform at Wells Fargo.
- Ascent Solar (ASTI) was upgraded to hold from underperform at Jefferies.
Continue reading Analyst upgrades, downgrades and initiations: ADBE, H, HAL, TOL, TROW, TSN ...
Posted Nov 10th 2009 11:30AM by Eric Buscemi (RSS feed)
Filed under: Analyst Reports, Analyst Upgrades and Downgrades, Analyst Initiations
Analyst upgrades:
- Janney Montgomery upgraded Adobe (ADBE) to buy from neutral on expectations for a strong CS5 product cycle in 2010. The firm raised its target on shares to $43 from $33.
- Kaufman Bros. upgraded Rackspace (RAX) to buy from hold to reflect the company's "strong" Q3 results and expectations growth will accelerate in 2010. The firm raised its target on shares to $22.50 from $16. Oppenheimer upgraded Rackspace to outperform from perform and established a $24 price target on the stock.
- Stephens upgraded Ann Taylor (ANN) to overweight from equal weight as it believes the company's core brand will recover faster than originally thought. The firm raised its target on shares to $17 from $12.
- Rockwell (ROK) was upgraded to neutral from underperform at Baird.
- Taiwan Semi (TSM) was raised to outperform from market perform at FBR Capital.
- Royal Bank of Scotland (RBS) was upgraded to buy from hold at Deutsche Bank.
Continue reading Analyst upgrades, downgrades and initiations: ADBE, ANN, CCE, PIKE, RAX, RBS, WYNN ...
Posted Jul 23rd 2009 4:00PM by Jon Ogg (RSS feed)
Filed under: Amazon.com (AMZN), Ford Motor (F), McDonald's (MCD)

The DJIA went above 9,000 today. The NASDAQ posted its
twelfth consecutive rise. Existing home sales
showed a gain and the massive army of the jobless
got smaller again. Earnings came on strong, and only the short sellers weren't happy at the end of the day.
Here are today's unofficial closing bell levels:
Dow 9,069.29 +188.03 (2.12%)
S&P 500 976.29 +22.22 (2.33%)
Nasdaq 1,973.60 +47.22 (2.45%)
Top Analyst CallsContinue reading Closing Bell: When Bears Dial 9-1-1 (AMZN, F, MCD, MCO, WYNN)
Posted Feb 28th 2009 4:40PM by Trey Thoelcke (RSS feed)
Filed under: Earnings Reports, Home Depot (HD), Target Corp. (TGT), Campbell Soup (CPB), Safeway Inc (SWY), Sears Holdings (SHLD), Kohl's Corp (KSS), Nordstrom, Inc (JWN), Garmin Ltd (GRMN),
Here are some highlights from this past week's earnings coverage from BloggingStocks:
Continue reading Earnings highlights: Campbell, Sears, Home Depot, Nordstrom, Marvel and more
Posted Feb 24th 2009 6:20PM by Michael Fowlkes (RSS feed)
Filed under: After the Bell, Major Movement, Earnings Reports, Forecasts, Bad News, Recession, Financial Crisis

This afternoon,
Wynn Resorts (NASDAQ:
WYNN) had its turn in the earnings lineup, and the company
failed to meet analyst estimates for the quarter, and is being punished in after hours trading as a result.
Going into this afternoon's earnings announcement, analysts had been hoping to see the company show earnings of $0.44 per share on revenues of $703.53 million. Adjusted earnings for the quarter were far below this, with a reported $0.07 cents per share on only $614.3 million in revenues.
Continue reading Wynn Resorts craps out on its fourth quarter numbers
Posted Feb 22nd 2009 12:30PM by Trey Thoelcke (RSS feed)
Filed under: Earnings Reports, Forecasts,
Analysts surveyed by Thomson Reuters expected the parade of earnings declines to continue into the final week of February, with Martha Stewart Living Omnimedia Inc. (NYSE: MSO), Nordstrom Inc. (NYSE: JWN), Home Depot Inc. (NYSE: HD), Wynn Resorts Ltd. (NASDAQ: WYNN), Macy's Inc. (NYSE: M), DreamWorks Animation SKG Inc. (NYSE: DWA), Limited Brands Inc. (NYSE: LTD), Target Corp. (NYSE: TGT), Royal Bank Of Canada (NYSE: RY), Del Monte Foods Co. (NASDAQ: DLM), Kohl's Corp. (NYSE: KSS), Washington Post Co. (NYSE: WPO), Dell Inc. (NASDAQ: DELL), Gap Inc. (NYSE: GPS), Campbell Soup Co. (NYSE: CPB), RadioShack Corp. (NYSE: RSH), and H.J. Heinz Co. (NYSE: HNZ) all expected to post lower earnings for the most recent quarter. Office Depot Inc. (NYSE: ODP), Saks Inc. (NYSE: SKS), and Cooper Tire & Rubber Co. (NYSE: CTB) are expect to have swung to a loss.
Continue reading The week in preview: Eye on Marvel, KBR, First Solar, Deckers and more
Posted Dec 24th 2008 12:30PM by Trey Thoelcke (RSS feed)
Filed under: Google (GOOG), Microsoft (MSFT), Apple Inc (AAPL), Dell (DELL), eBay (EBAY), Amazon.com (AMZN), Berkshire Hathaway (BRK.A), Sears Holdings (SHLD), Amer Intl Group (AIG), Oracle Corp (ORCL), News Corp'B' (NWS), Blackstone Group L.P (BX)
This post is part of our feature on Money Losers of 2008. See all 20.
There's no doubt about it -- times are tough. People are struggling to find work and to pay the bills as the value of their homes and savings dwindle. The poor get poorer, and the rich get richer.
Or do they? It's all relative, of course, but world's billionaires have been taking some big hits too. We take a look at Sheldon Adelson, Kirk Kerkorian, and Lakshmi Mittal in their own separate posts, but here are some other billionaires who have lost billions this year (courtesy of Forbes and Business Sheet).
- Brothers Anil and Mukesh Ambani of India's private conglomerate Reliance lost $32.5 billion and $28.2 billion, respectively.
- Warren Buffett, the Sage of Omaha, lost $16.5 billion. Shares of Berkshire Hathaway Inc. (NYSE: BRK.A) are down about 32% since the beginning of the year.
- Microsoft (NYSE: MSFT) founders Bill Gates and Paul Allen lost $12.3 billion and $2.6 billion, respectively, while CEO Steve Balmer lost $6.5 billion. Shares of Microsoft are down 46% since the beginning of the year.
- Larry Page and Sergey Brin, cofounders of Google Inc. (NYSE: GOOG), lost $11.9 billion and $11.7 billion, respectively, and CEO Eric Schmidt lost $3.8 billion. The share price of Google has fallen 55% since the beginning of the year.
- Larry Ellison, CEO of Oracle Corp. (NASDAQ: ORCL), lost $8.2 billion. Shares of Oracle are down 21% since the beginning of the year.
- Media maven Sumner Redstone lost $7.2 billion. Shares of his private investment firm National Amusements fell 70% this year.
Continue reading Money losers of 2008: Billionaires who lost billions this year
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