JP Morgan: Fourth-quarter results season will be positive for Macau names

Macau’s concessionaires printed their best combined gaming revenue result in 20 quarters in the December 2024 quarter, but a sector-wide rally of their relentlessly depressed stocks remains unlikely, according to investment bank JP Morgan.In a Thursday note previewing the upcoming 4Q24 results seaso

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J.P. Morgan Analyst Lowers MGM Resorts Projections for 2025

J.P. Morgan Analyst Lowers MGM Resorts Projections for 2025J.P. Morgan, an American multinational finance company, has lowered its projections for MGM Resorts International. In an investor note published on October 15, analyst Joseph Greff attributed the trimmed cash-flow projections to a variety of

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