indian stock market


Chipotle Mexican Grill, Inc. (NYSE:CMG) reported first-quarter earnings of $1.60 per share, notably higher than analysts’ expectations for $1.27. Revenues beat expectations, too, growing 28.1% year-over-year to $1.07 billion. Comp-store sales were up 17.8%. These results helped fuel the 2017 rally, but Chipotle shares only saw an ephemeral push above $500 in the after-hours session.

Source: Shutterstock

Those gains evaporated after management disclosed a payment systems breach on its conference call. While the investigation remains ongoing, investors don’t appreciate the uncertainty. This a very unfortunate development in what was an otherwise seemingly great report.

indian stock market: Wynn Resorts, Limited(WYNN)


Advisors’ Opinion:

  • [By Ben Levisohn]

    Wynn Resorts (WYNN) soared to the top of the S&P 500 today after its earnings fell short of the Street consensus but sales beat.

    Getty Images

    Wynn Resortsgained 7.9% to $103.08 today, while the S&P 500 dipped 0.1% to 2,294.69.

    Gabelli’s Adam Trivison argues that Wynn’s earnings weren’t that bad:

    On January 26, 2017, Wynn Resorts reported 4Q16 results in-line with our expectations, but after accounting for a $6 million negative hold impacted to EBITDA, underlying performance looks better than expected. Commentary on January-to-date performance at Wynn Palace and Wynn Macau was promising. We have adjusted our estimates to account for a more even balance between Wynn Macau and Wynn Palace than we had previously anticipated.


    Wynn Resorts’ market capitalization rose to $10.5 billion today from $9.7 billion yesterday.

    Barron’s Teresa Rivas recommended buying Wynn Resorts last May, when it was trading around $90 a share.

  • [By Chris Lange]

    Wynn Resorts Ltd. (NASDAQ: WYNN) shares suffered an incredible loss over the course of 2014 and well into 2015. The stock still is at about half of its peak value from back in 2014. However ithas made a solid run in 2017 (up 35%) so far, and more investors are coming around to the idea. Also many analysts have taken away their negative ratings over the past few months, but now Wynn has a new street-high analyst target from an independent research firm.

  • [By Travis Hoium]

    2016 was something of a transition year for Wynn Resorts Limited (NASDAQ:WYNN). Its largest market, Macau, went from a steep two-year decline in gaming revenue to posting five straight months of year over year growth to end the year. Depending on how you look at it, that could be a good or bad thing. Wynn also opened its most expensive resort ever, the $4.4 billion Wynn Palace in the Cotai region of Macau, which should eventually bring hundreds of millions of cash into the business each year.

  • [By Rich Duprey]

    The big casinos certainly want to spend big. Las Vegas Sands (NYSE:LVS) says a new integrated resort in Japan will cost anywhere from $6 billion to $10 billion, two to three times more than it spent on building its brand new French-themed Parisian resort in Macau. MGM Resorts (NYSE:MGM) says it, too, could spend $10 billion for a new casino in Japan, quadruple the cost of its MGM Cotai that’s scheduled to open later this year. Wynn Resorts (NASDAQ:WYNN) hasn’t put a price tag on it yet, though it spent over $4 billion to open the Palace in Macau last August, but CEO Steve Wynn says the opportunity is “thoroughly delicious.”

  • [By Travis Hoium]

    Wynn Resorts (NASDAQ:WYNN) and Caesars Entertainment (NASDAQ:CZR) are two of the most well known gaming companies in the world. But they’re very different companies with very different futures ahead.

  • [By Ben Levisohn]

    Wynn Resorts (WYNN) sunk to the bottom of the S&P 500 today after China said it would limit ATM withdrawals in Macau.

    Getty Images

    Shares of Wynn Resorts dropped 11% to$90.72 today, while the S&P 500 gained 0.2% to 2,246.19.


    My colleague Dimitra DeFotis, who runs Barron’s Emerging Markets Daily, explains what happened:

    The move is another in a series to tackle the flight of illicit Chinese cash via casinos. According to a South China Morning Post story, Macaus monetary authority is halving the cash withdrawals allowed for holders of China UnionPay bank cards, effective Saturday. Billions of yuan reportedly have disappeared from the mainland, despite government currency restrictions on card purchases of gambling chips.

    Wynn wasn’t the only Macau casino operator that took it on the chin today. Las Vegas Sands (LVS) tumbled 13% to $54.67, while Melco Crown Entertainment (MPEL) plunged 14% to $16.87, and MGM Resorts International (MGM) dropped 4.3% to $28.65.

indian stock market: U.S. Geothermal Inc.(HTM)


Advisors’ Opinion:

  • [By Peter Graham]

    The Q4 2016 earnings report for small cap geothermal stock U.S. Geothermal Inc (NYSEMKT: HTM) is scheduled for after the market closes on Thursday (March 9th). In early February, U.S. Geothermalprovided an update on its development and expansion projects with the CEO commenting:

indian stock market: Apollo Global Management, LLC(APO)

Advisors’ Opinion:

  • [By Lee Jackson]

    Private equity giant Apollo Global Management LLC (NYSE: APO) had a huge hedge fund buying shares last week. Tiger Global Management picked up361,800 shares at prices that ranged from $23.65 to $24.57 apiece. The total for the purchase was reported at $9 million. The stock closed onFriday at $25.30. The 52-week range is $14.25 to $25.80, and the consensus price target is $25.81.

  • [By Peter Graham]

    The Q1 2017 earnings report for small cap for-profit education stock Apollo Education Group Inc (NASDAQ: APOL) is scheduled for after the market closes on Monday (January 9th). Last February, Apollo Education Groupannounced a definitive agreement to be acquired by a consortium of investors including The Vistria Group, LLC, funds affiliated with Apollo Global Management, LLC (NYSE: APO), and Najafi Companies for $9.50 per share in cash for both Class A and B shares. However, the for-profit education sector along with certain aspects of the Apollo deal have been targeted by the Obama administration and it remains to be seen how the Trump administration will treat the sector and the deal.

  • [By Paul Ausick]

    Reuters reported last week that the company is considering selling its 2,500 service stations in Italy for a tidy 500 million (about $538 million). The rumored buyer is private equity giant Apollo Global Management LLC (NYSE: APO), also rumored to be interested in buying 2,600 Italian service stations from a joint venture between Italy’s Eni SpA (NYSE: E) and Total SA (NYSE: TOT).

  • [By Lee Jackson]

    Apollo Global Management LLC (NYSE: APO) had a huge hedge fund once again acquiring shares last week. Tiger Global Management bought 202,100 shares of the private equity giant at prices that ranged from $26.75 to $27.01. The total for the purchase was reported at 5.5 million. The stock close last Friday at $26.10, and the 52-week range for the shares is $14.25 to $27.78. The consensus price target is $30.

indian stock market: ProShares UltraShort Nasdaq Biotechnology(BIS)


Advisors’ Opinion:

  • [By Jim Robertson]

    Yesterday, our Elite Opportunity Pronewsletter suggested the ProShares UltraShort Nasdaq Biotech (NASDAQ: BIS) and Direxion Daily S&P Biotech Bear 3X Shares (NYSEARCA: LABD) as ways to short biotech onshort termweakness in the sector, but our suggestion comes with a long termcaveat:

indian stock market: Urban Outfitters Inc.(URBN)

Advisors’ Opinion:

  • [By Peter Graham]

    A long term performance chart shows small caps Guess?, Inc and Abercrombie & Fitch Co (NYSE: ANF) performing even worst than other apparel retailers likemid cap The Gap Inc (NYSE: GPS)and small cap Urban Outfitters, Inc (NASDAQ: URBN):

  • [By Leo Sun]

    Over the past few decades, American Eagle Outfitters (NYSE:AEO), Urban Outfitters (NASDAQ:URBN), and Gap (NYSE:GPS) all turned modest initial investments of $8,000 into small fortunes. Let’s see how these companies flourished, and whether or not they can still keep growing in today’s challenging retail environment.

  • [By WWW.THESTREET.COM]

    Urban Outfitters (URBN) was downgraded to market perform at William Blair. Continued comp-store sales pressure is pushing out the timeline for a potential recovery, Blair said. 

  • [By Ben Levisohn]

    Under the backdrop of unprecedented change in consumer shopping behavior we have performed a detailed analysis of the relative long-term competitive position across our broadlines universe. We upgrade Burlington Storesand Nordstromto Outperform. We downgrade J.C. Penney and Kohl’sto Underperform. We view Macy’s (M) and Urban Outfitters’ (URBN) long-term strategy favorably, but believe traffic weakness and elevated investments will continue to hamper returns over the next 12-24 months.

indian stock market: Francesca's Holdings Corporation(FRAN)


Advisors’ Opinion:

  • [By Lisa Levin] Related LOV Match Group And Spark Networks: A Valentine's Day Case Study 20 Biggest Mid-Day Losers For Thursday Related VKTX 15 Biggest Mid-Day Losers For Tuesday 18 Biggest Mid-Day Losers For Wednesday Companies Reporting Before The Bell Canadian Solar Inc. (NASDAQ: CSIQ) is expected to report its quarterly earnings at $0.32 per share on revenue of $690.27 million. General Mills, Inc. (NYSE: GIS) is projected to report its quarterly earnings at $0.71 per share on revenue of $3.84 billion. Coca-Cola European Partners Plc (NYSE: CCE) is estimated to report its quarterly earnings at $0.45 per share on revenue of $2.72 billion. Lands' End, Inc. (NASDAQ: LE) is expected to report its quarterly earnings at $0.35 per share on revenue of $459.43 million. Francesca's Holdings Corp (NASDAQ: FRAN) is estimated to report its quarterly earnings at $0.37 per share on revenue of $145.91 million. Cheetah Mobile Inc (ADR) (NYSE: CMCM) is projected to report its quarterly earnings at $0.06 per share on revenue of $178.04 million. Neogen Corporation (NASDAQ: NEOG) is estimated to report its quarterly earnings at $0.27 per share on revenue of $90.05 million. Lennar Corporation (NYSE: LEN) is projected to post earnings for its first quarter. Fifth Street Asset Management Inc (NASDAQ: FSAM) is expected to report its quarterly earnings at $0.14 per share on revenue of $25.12 million.

     

  • [By Ben Levisohn]

    Francesca’s Holdings (FRAN) has jumped 5.4% to $11.00 after beating earnings forecasts.

    Restoration Hardware (RH) has tumbled 20% to $28.92 after slashing its full-year guidance. Restoration Hardware was also cut to Market Perform from Outperform at Telsey Advisory Group.

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