Quarterly Report Card: Special Research on Wynn Resorts, Belmond, Boyd Gaming, Choice Hotels, and Civeo
NEW YORK, March 12, 2015 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Moments ago, Analysts Review released new research updates concerning several important developing situations including Wynn Resorts (NASDAQ: WYNN), Belmond (NYSE: BEL), Boyd Gaming (NYSE: BYD), Choice Hotels (NYSE: CHH), and Civeo (NASDAQ: CVEO). Analysts Review provides a single unified platform for investors' to hear about what matters - proudly employing registered CFA® research staff and rigorous compliance procedures. The full research reports are being made available to the public for informational purposes only.
To access our full PDF reports on a complementary basis, please visit the links below.
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Today's update concerns the following companies:
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Full PDF Download Links (you may have to copy and paste the following links into your browser):
WYNN Research Report: ( http://get.analystsreview.com/pdf/?c=Wynn%20Resorts&d=12-Mar-2015&s=WYNN ),
BEL Research Report: ( http://get.analystsreview.com/pdf/?c=Belmond&d=12-Mar-2015&s=BEL ),
BYD Research Report: ( http://get.analystsreview.com/pdf/?c=Boyd%20Gaming&d=12-Mar-2015&s=BYD ),
CHH Research Report: ( http://get.analystsreview.com/pdf/?c=Choice%20Hotels&d=12-Mar-2015&s=CHH ),
CVEO Research Report: ( http://get.analystsreview.com/pdf/?c=Civeo&d=12-Mar-2015&s=CVEO ).
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Analyst Update: Quarterly Results and Recognitions
Reviewed by: Rohit Tuli, CFA®
On Wednesday, U.S. stocks ended lower as worries increased about the timing of a Federal Reserve interest rate hike and dollar strength further dampened the outlook for U.S. multinationals' earnings. Concerns over the pace of economic growth also weighed on markets. The Dow Jones industrial average fell 27.55 points, or 0.16%, to 17,635.39, the S&P 500 lost 3.92 points, or 0.19%, to 2,040.24 and the Nasdaq Composite declined 9.85 points, or 0.20%, to 4,849.94. European shares gained as euro fell to below $1.06 for the first time in 12 years, which gave a boost to stocks in the region's exporters and pushed the German market to a record high. DAX gained 2.7% to 11, 805.99, FTSE 100 index rose 0.28% to 6721.51 and Euro STOXX 50 increased 2.3% to 3,649.54. The Shanghai Composite increased 0.12% lead by financial and civil aviation companies, however, gains on the upside was limited after release of weaker than expected economic data and concerns about tighter liquidity due to launch of upcoming IPO's during the week. Nikkei 225 was up 0.31%, led by strengthening U.S. dollar against the Yen along with better-than-expected machinery orders.
Wynn Resorts, Limited (Wynn Resorts) has once again been honored as the highest ranking casino resort on FORTUNE Magazine's 2015 World's Most Admired Companies list in the hotel, casino and resort category. The Company stood first overall in the category Quality of Products/Services among all international hotel companies.
Belmond Ltd. (Belmond) announced its Q4 and full-year 2014 financial results in late February. For the quarter, the Company narrowed its net loss to $2.1 million from net loss of $17.9 million in Q4 2013. EBITDA improved from $15.4 million in Q4 2013 to $16.8 million in the reported quarter.
During the fourth quarter of 2014, Boyd Gaming Corporation (Boyd Gaming) reported strong adjusted EBITDA of $136.4 million, up 10.6% from the comparable pro forma amount of $123.3 million in Q4 2013. Reported quarter net revenues came in at $531.6 million, reflecting an increase of 1.4% compared to pro forma net revenues of $524.4 million for Q4 2013.
Choice Hotels International, Inc. (Choice Hotels), a leading worldwide lodging company, has announced the winners of its prestigious 2015 Platinum Hospitality Awards. The awards recognize the highest rated properties within its portfolio of more than 6,300 franchised hotels around the world.
Civeo Corporation (Civeo) has scheduled to release its Q4 2014 earnings on March 12, 2015, after markets closes. As per Zacks investment research, the Company is expected to report earnings of $0.13 per share for Q4 2014 and $1.00 per share for full-year 2014 respectively.
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Editor Note: This is not company news. We are an independent source and our views do not reflect the companies mentioned.
Compliance Procedure: Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Analysts Review, represented by Rohit Tuli, CFA®. An outsourced research services provider has only reviewed the information provided by Analysts Review in this article or report according to the procedures outlined by Analysts Review. Analysts Review is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
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