California apartment complexes that doubled as "maternity hotels" for Chinese women who want made-in-America babies were raided early Tuesday.» Read More
Dec 17- A U.S. judge has dismissed Steve Wynn's lawsuit accusing prominent short-seller Jim Chanos of slander over an alleged statement that the casino mogul violated a U.S. anti-bribery law. District Judge William Orrick in San Francisco ruled on Tuesday that Chanos was giving an opinion protected under the U.S. Chanos, founder of New York- based hedge fund...
Some of Wednesday's midday movers:
Looking for stocks that are winners during the holidays? Don't look where you might expect them to be—many retailers have underperformed.
When gas prices plummet, U.S. consumers use that extra cash to hit the road or fly to the Caribbean and Las Vegas, benefiting travel stocks.
Nov 20- Casino operator Wynn Resorts Ltd said it was not aware of any investigation after the Wall Street Journal reported that the company is being probed by U.S. federal authorities for possible violation of money-laundering laws. The Internal Revenue Service sent a letter to Wynn's outside lawyer Donald Campbell requesting information on the company's...
Nov 20- Casino operator Wynn Resorts Ltd is being probed by U.S. federal authorities for possible violation of money-laundering laws, the Wall Street Journal reported. Wynn Resorts did not immediately respond to a request for comment. Other casino operators including Las Vegas Sands Corp. and Caesars Entertainment Corp. have also faced federal...
Wynn Resorts is under investigation for potential money-laundering law violations, according to a new report from Dow Jones.
Nov 10- Continental Resources Chief Executive Officer Harold Hamm has been ordered to pay nearly $1 billion to his ex-wife in one of the largest-ever U.S. divorce judgments, according to a court filing on Monday. Although the award could make Sue Ann Hamm, 58, one of the 100 wealthiest women in the United States, according to Forbes' rankings, it is far smaller than...
Nov 10- An Oklahoma County judge has ordered and Continental Resources Chief Executive Officer Harold Hamm to pay nearly $1 billion in a divorce judgment, according to a court filing made public on Monday. In one of the highest value divorce judgments in U.S. history, Special Judge Howard Haralson found that oil magnate Hamm should pay his ex-wife Sue Ann Hamm a...
Some of Wednesday's midday movers:
Some of Tuesday's midday movers:
Massachusetts approved legalized gambling three years ago. But come Tuesday, however, Bay State voters may decide they don't want it after all.
Nov 1- Voters in several U.S. states will decide the fate of $44.7 billion in borrowing and other budget measures on Tuesday, with investors in the $3.7 trillion municipal bond market focused mainly on large offerings in California and New York. "Just two states, California and New York, are presenting voters with meaningful bond measures for approval," Peter Hayes,...
*Hong Kong indexes head for best month since July. *Mengniu rises after Danone's investment in Yashili. HONG KONG, Oct 31- Shares in Hong Kong and mainland China markets rose on Friday, helped by strength in most heavyweight stocks as investors bet that China's government will roll out more support measures for the economy.
Steve Wynn can't predict when gambling trends will improve in Macau. Investors should beware betting on a bounce in his company's stock.
Some of the names on the move ahead of the open.
*Netflix tumbles after quarterly results. *UnitedHealth leads Dow, S&P higher. NEW YORK, Oct 16- U.S. stocks edged higher in afternoon trading Thursday, rebounding from earlier declines, as a flurry of economic reports eased fears about the potential impact of a weakening global economy on the United States.
Some of Thursday's midday movers:
Some of Monday's midday movers.
Casino tycoon Steve Wynn says government crackdowns in Macau and protests in Hong Kong don't worry him so much.