LaraBelova Mizuho Securities called out Boyd Gaming (NYSE:BYD) and Red Rock Resorts (NASDAQ:RRR) as intriguing picks in the casino sector ahead of the Q2 earnings season. Analyst Ben Chaiken thinks trends are sequentially improving for both casino operators. The firm updates Q2 earnings estimates for both RRR and BYD andContinue Reading
Traders and investors are becoming increasingly anxious as the stock market continues to climb in 2024 as the S&P 500 (SP500) has set a new all-time high on over 30 occasions this year alone, but Michael Arone, Chief Investment Strategist at State Street Global Advisors outlined three reasons on whyContinue Reading
“We downgrade the stock to Neutral today, as upside will only materialize in a bull case, in which the outlook beyond 2025 increases materially, and we do not have the conviction on this scenario playing out yet,” said New Street analyst Pierre Ferragu in a report on Friday. The firmContinue Reading
Myriad Uranium (OTCQB:MYRUF) said it has entered into a consulting services agreement with Walk the Street Capital ((WTS Capital)). Under the agreement, WTS Capital will provide media content strategy, creation, and dissemination services. The initial term of the agreement is for 60 days starting. During the initial term, WTS Capital willContinue Reading
Stock index futures ticked higher on Wednesday, a day after Nasdaq and S&P 500 closed at record highs. The stock market will close early at 1 p.m. ET and the bond market will close at 2 p.m. ET ahead of the July 4 holiday. But even with the shortened tradingContinue Reading
Asia-Pacific Images Studio Asia-Pacific equity markets were mostly higher on Tuesday after the major market averages finished the first trading day of H2 higher; minutes of the RBA’s June policy meeting revealed that if “inflation expectations” change, it is ready to raise rates. Japan (NKY:IND) +1.12%. The Japanese yen depreciatedContinue Reading
State Street (NYSE:STT) on Friday said it plans to increase its per share common stock dividend by 10% to $0.76 in the third quarter of 2024. The company also announced that it had completed the Federal Reserve’s 2024 Comprehensive Capital Analysis and Review stress test process. State Street’s calculated StressContinue Reading
Main Street Capital (NYSE:MAIN) Friday announced the amendment of its revolving credit facility. The amendment provides an increase in total commitments to $1.110 billion and an increase to the diversified group of lenders to 19, while maintaining an expanded accordion feature that allows for an increase up to $1.665 billionContinue Reading
