Friday, December 2, 2016

Top 5 Casino Stocks To Buy Right Now

Perhaps another nail in the coffin of Wells Fargo & Co. (NYSE: WFC) CEO John Stumpf. Bernie Sanders, former presidential candidate and United States Senator from Vermont wants to know if the federal agencies involved in the bank’s scandal have made referrals of material to the Justice Department.

Comments from the Sen Sanders website about a letter to Richard Cordray the director of the Consumer Financial Protection Bureau and Thomas Curry, Comptroller of the Currency:

��Your agencies recently fined Wells Fargo $100 million, and $35 million, respectively, for illegally opening up deposit accounts and taking out credit cards for customers without their knowledge or consent. Have your agencies made any criminal referrals to the Department of Justice regarding this matter?��

��Wells Fargo employees secretly opened unauthorized accounts to hit sales targets and receive bonuses,�� CFPB Director Richard Cordray said Sept. 8 in a release about the fine. ��Because of the severity of these violations, Wells Fargo is paying the largest penalty the CFPB has ever imposed. Today��s action should serve notice to the entire industry that financial incentive programs, if not monitored carefully, carry serious risks that can have serious legal consequences.��

Top 5 Casino Stocks To Buy Right Now: T-Mobile US, Inc.(TMUS)

Advisors' Opinion:
  • [By Andrea Tse]

    Despite Verizon consistently being able to keep churn rates at very low levels over the last decade, rates have edged up compared to five years ago. The company's churn rate for retail postpaid customers came in at 0.93% and 0.97% for the three months and six months ended June 30. Five years ago during the same period, the figures were at 0.83% and 0.88%, respectively. The latest wireless churn rate data on other telecom companies show T-Mobile USA (TMUS) coming in at 1.6% and 1.8% during those same periods, and AT&T's arriving at 1.02% and 1.03% and almost rivaling Verizon's during those respective time frames. In any case, Verizon still has the chance to prove that it's able to beat its own churn rate lows again in the coming years. [Read: Blackberry Fails at the 'Vision Thing']

  • [By WWW.THESTREET.COM]

    Donald Trump's election has proved a boon for shareholders of Sprint (S) , on the premise that a Republican administration would be open to a merger of the carrier to T-Mobile USA (TMUS) . Regulators under Obama had pushed back against Sprint Chairman Masayoshi Son's goal of combining the U.S.'s third- and fourth-largest carriers.

  • [By Kimberly Lankford]

    All current and new customers will receive at least one share of T-Mobile stock, and customers who refer new members can receive up to 100 extra shares per year. T-Mobile (TMUS) is currently selling at about $42 per share��up 8.6% over the past year and 24% over the past three years��but the gift could make tax filing more difficult. ��It can complicate your tax situation if you have an otherwise simple tax return,�� says Laurie Ziegler, an enrolled agent and managing member of Sass Accounting LLC, in Saukville, Wis.

Top 5 Casino Stocks To Buy Right Now: WPX Energy, Inc.(WPX)

Advisors' Opinion:
  • [By Ben Levisohn]

    As oil nears $50, some investors fret that a new round of production could begin, undermining the nascent recovery. Not so, say Guggenheim’s Subash Chandra and Marshall Coltrain, who expect good things from WPX Energy (WPX), Devon Energy (DVN) and Continental Resources (CLR). They explain why:

  • [By Ben Levisohn]

    Usually, when a company announces that it will sell more shares, its stock prices drops (dilution and all that). Not so WPX Energy (WPX), which announced that it would sell 49.5 million shares worth nearly $500 million. Citigroup’s Jeanine Wai and team explain why investors haven’t been put off by the offering:

  • [By Ben Levisohn]

    Iron Mountain has gained 2.6% to $26.55 at 3:05 p.m., making it the fourth-best performer in the S&P 500, ahead of WPX Energy (WPX), which has gained 2.4% to $19.94, Pinnacle West Capital (PNW), which has gained 2.3% to $53.55 and Dominion Resources (D), which has risen 2.1% to $59.85.

  • [By Ben Levisohn]

    The large cap E&Ps we cover raised ~ $6.5 billion of equity in 2015 and are likely to consider additional issuance in 2016. Pioneer Natural Resources (PXD) raised $1.3 billion on January 5th and Hess Corp. (HES) raised $1.5 billion of equity/equity-linked earlier this month. We think highly leveraged companies such as Devon Energy,�Encana and�Range Resources (RRC) and companies with a large deficit (before asset sales), such as�Anadarko Petroleum and Devon Energy, are most likely to consider raising equity. Additionally, we believe companies such as WPX Energy (WPX), Southwestern Energy (SWN), Marathon Oil, Continental Resources (CLR),�Noble Energy and Newfield Exploration (NFX) could issue equity while several levered companies may be unwilling or unable to access equity markets. We do not think Apache, Canadian Natural Resource, EOG Resources (EOG), Occidental Petroleum or�Pioneer Natural Resources are likely to issue equity this year.

Top 5 Casino Stocks To Buy Right Now: Royal Bank Scotland plc (The)(RBS)

Advisors' Opinion:
  • [By Paul R. La Monica]

    European banks worse off than 2008? Lamensdorf is concerned about the exposure to bad loans (especially energy company debt) held by big banks such as Royal Bank of Scotland (RBS), Credit Suisse (CS) and Deutsche Bank (DB). He's shorting all three.

  • [By Jonathan Morgan]

    Adidas AG slid 2.9 percent after lowering its profit forecast for 2013. Direct Line Insurance Group Plc lost 2.5 percent as Royal Bank of Scotland Group Plc (RBS) sold a 630 million-pound ($1 billion) stake in the U.K.��s biggest car insurer.

Top 5 Casino Stocks To Buy Right Now: Virtus Investment Partners Inc.(VRTS)

Advisors' Opinion:
  • [By Lisa Levin]

    Shares of Virtus Investment Partners Inc (NASDAQ: VRTS) got a boost, shooting up 19 percent to $111.05 following Q3 results. Virtus Investment posted Q3 earnings of $1.64 per share on revenue of $82.3 million.

Top 5 Casino Stocks To Buy Right Now: Ring Energy, Inc.(REI)

Advisors' Opinion:
  • [By Monica Gerson]

    Ring Energy Inc (NYSE: REI) is projected to post a quarterly loss at $0.05 per share on revenue of $7.92 million.

    Gain Capital Holdings Inc (NYSE: GCAP) is estimated to post its quarterly earnings at $0.07 per share on revenue of $100.39 million.