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Growing Competition on the Cotai Strip Leads to a Bad Quarterly Hand for Wynn Resorts

Wynn Resorts WYNN reported weak first-quarter results, as the company continued to perform poorly in Macau due to intensifying competition from new casinos on the Cotai Strip. Revenue and EBITDA were above consensus estimates, but only because the company had an unusually high hold rate for VIP table games in Macau and table games in…

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Active Stock: Microsoft (NASDAQ MSFT) Completely Ditching Windows and Nokia

As per a leaked internal document, Microsoft plans to drop words ‘Nokia’ and ‘Phone’ soon from the branding. Microsoft Corporation (NASDAQ MSFT) would abandon Nokia name and would no longer use for its mobile products, according to a leaked internal document. While the sale has been indicated by the company previously, the document obtained by…

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Hot Alert : CA Technologies (NASDAQ:CA), ConocoPhillips (NYSE:COP), Donegal Group (NASDAQ:DGICB), Micronet Enertec Technologies, Inc. (NASDAQ:MICT), TSR, Inc. (NASDAQ:TSRI)

Wipro Ltd. (WIT), a leading global Information Technology, Consulting and Business Process Services company and CA Technologies, Inc. (NASDAQ:CA), on 21 Aug 2014 announced that they have expanded their strategic partnership to jointly deliver next generation DevOps solutions for testing. CA Technologies, Inc. (NASDAQ:CA) belongs to Technology sector. Its net profit margin is 17.70% and…

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