NEW YORK, April 26, 2017 /PRNewswire/ --
Today's focus is on the Resorts and Casinos industry which consists of stand-alone casinos as well as companies that offer lodging services in facilities, such as hotels and ski resorts. Under evaluation this morning on Stock-Callers.com are: MGM Resorts International (NYSE: MGM), Norwegian Cruise Line Holdings Ltd (NASDAQ: NCLH), Las Vegas Sands Corp. (NYSE: LVS), and Carnival Corp. (NYSE: CCL). Download the free research reports on these stocks today:
Las Vegas, Nevada-based MGM Resorts International's shares gained 1.21%, closing Tuesday's trading session at $29.35, with a total volume of 12.06 million shares traded. The Company's shares have advanced 14.16% in the last month, 1.61% over the previous three months, and 2.24% since the start of this year. The stock is trading 8.46% above its 50-day moving average and 10.20% above its 200-day moving average. Additionally, shares of MGM Resorts, which through its wholly owned subsidiaries, owns and/or operates casino resorts in the US and China, have a Relative Strength Index (RSI) of 70.04.
On April 18th, 2017, CityCenter Holdings, LLC, a venture between MGM Resorts International and Infinity World Development Corp, announced that it has completed its refinancing transactions consisting of a new, seven-year $1.6 billion term loan and a new five-year $125 million revolving credit facility. The revolving facility will mature in 2022, and the term loan B facility will mature in 2024. See our free and comprehensive research report on MGM at:
On Tuesday, shares in Miami, Florida headquartered Norwegian Cruise Line Holdings Ltd recorded a trading volume of 1.04 million shares. The stock rose 1.45%, ending the day at $51.08. The Company's shares have advanced 1.19% in the past month, 9.05% in the previous three months, and 20.10% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 2.44% and 18.97%, respectively. Furthermore, shares of Norwegian Cruise Line, which through its subsidiaries, provides cruise experiences for travelers with various itineraries in North America, the Mediterranean, the Baltic, Central America, Bermuda, and the Caribbean, have an RSI of 60.64.
On April 24th, 2017, Norwegian Cruise Line released its 2016 Environmental Report and unveiled its global environmental program, 'Sail & Sustain,' in observance of Earth Day. This encompassing program highlights the Company's progress on its global environmental initiatives as well as its environmental objectives, which include increasing sustainable sourcing, minimizing landfill waste, investing in emerging technologies, and reducing CO2 emissions. NCLH free research report PDF is just a click away at:
Las Vegas Sands
Nevada-based Las Vegas Sands Corp.'s stock finished the day 1.42% higher at $58.47 with a total trading volume of 3.64 million shares. The Company's shares have advanced 5.12% in the last one month, 5.83% in the previous three months, and 10.89% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 6.65% and 8.42%, respectively. Additionally, shares of Las Vegas Sands, which together with its subsidiaries, develops, owns, and operates integrated resorts in Asia and the US, have an RSI of 67.88.
On April 19th, 2017, Las Vegas Sands announced that it will release its financial results for the quarter ended March 31st, 2017 on Wednesday, April 26th, 2017, shortly after the market close of the NYSE. The Company will also host a conference call to discuss its results at approximately 4:30 p.m. ET on the same day. Sign up for your complimentary report on LVS at:
Shares in Miami, Florida headquartered Carnival Corp. ended yesterday's session 0.69% higher at $60.03, with a total volume of 2.54 million shares traded. The Company's shares have advanced 2.44% in the last one month, 10.78% over the previous three months, and 16.04% since the start of this year. The stock is trading 4.57% above its 50-day moving average. Moreover, shares of Carnival, which offers cruises under the Carnival Cruise Line, Princess Cruises, Holland America Line, and Seabourn brands in North America; and Costa, AIDA, P&O Cruises (UK), Cunard, and P&O Cruises (Australia) brands in Europe, Australia, and Asia, have an RSI of 68.10.
On March 29th, 2017, research firm Wedbush reiterated its 'Neutral' rating on the Company's stock with an increase of the target price from $54 a share to $61 a share.
On April 12th, 2017, Carnival Cruise Line, a unit of Carnival, marked the beginning of a multimillion-dollar renovation of the Company's Long Beach Cruise Terminal facility to accommodate larger ships and enhance terminal operations. A "FUNstruction" groundbreaking ceremony included remarks by City of Long Beach Mayor Robert Garcia, President and CEO of Long Beach Convention & Visitors Bureau Steve Goodling, and Carnival Cruise Line Vice President Strategic and Commercial Port Development Carlos Torres de Navarra, among others. Register for free on Stock-Callers.com and download the latest research report on CCL at:
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