Wynn Resorts Earnings, Revenue Miss in Q1
Monday, 10 May 2021, 22:06:36
Recap: Wynn Resorts Q1 Earnings
Monday, 10 May 2021, 18:15:00
Shares of Wynn Resorts (NASDAQ:WYNN) fell after the company reported Q1 results. Quarterly Results Earnings per share rose 31.92% year over year to …
GOLDMAN SACHS: Buy these 24 high-growth stocks that are investing in cash cows for the future at the highest rates in the S&P 500
Tuesday, 4 May 2021, 16:54:00
Summary List Placement Investing in growth stocks can be a difficult game at the moment. Many have unthinkably high valuations thanks to things like low interest rates and heightened speculation, raising questions about how long their outperformance can last going forward. On the other hand, investing solely based on valuation isn't always necessarily the best approach either. Another way to identify companies that could do well in the future is by looking at how much they're investing in themselves and planting the seeds of future growth. In a recent note, a team of analysts at Goldman Sachs did just that, and came up with a list of firms outperforming the S&P 500 average in terms of investment for the future. To do so, they looked at how much a firm is investing in the future as a percentage of their operating cash flow while also factoring in asset depreciation. “High capex spending by itself can be a flawed measure of investment for future growth since many firms operate in asset-heavy industries and may barely invest at a rate faster than assets are depreciating,” Goldman's Chief US Equity Strategist David Kostin said in the Monday note.
— Business Insider
A Las Vegas hotel says employees must either get vaccinated or undergo weekly COVID-19 testing at their own expense
Tuesday, 13 April 2021, 18:51:09
Summary List Placement Wynn Resorts and Encore has announced that its Las Vegas employees must receive the COVID-19 vaccine or undergo a weekly COVID-19 test. But employees who opt for the latter must pay out of pocket if they want to use Wynn's on-site testing lab. Right now, about 60% of Wynn Las Vegas workers are already vaccinated, according to a note from the resort. By implementing a sweeping vaccine and testing policy, Matt Maddox, CEO of Wynn Resorts, hopes Wynn will become “one of the safest vacation destinations in the US,” Maddox said in a statement. The hotel currently has a Lighthouse COVID-19 Testing Lab on-site, giving employees easy access to a COVID test if they opt out of the vaccine. However, each test will set an employee back $15, and those who don't want to pay this fee will have to go elsewhere for a test (which is being provided for free by the state ). Crowds at the tourist hotspot have been picking up over the last few weeks as more people receive the vaccine and the state continues to ease virus-related restrictions, according to local reports .
— Business Insider
Top Analyst Upgrades and Downgrades: Airbnb, Chevron, Coupang, Freeport-McMoRan, Peloton, Snap, Wynn, Zillow and More – 24/7 Wall St.
Tuesday, 6 April 2021, 14:57:12
Tuesday's top analyst upgrades and downgrades included Airbnb, Chevron, Coupang, Freeport-McMoRan, Peloton Interactive, Snap, Wynn Resorts and Zillow.
— 24/7 Wall street
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