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☆ Malaysia might add a casino to boost troubled $100 billion mega-development Forest City
▼ + stars: | 2024-04-25 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +5 min

Malaysia may add a casino to Forest City, a mega-development that has turned into a ghost town. AdvertisementMalaysia's Forest City mega-development started with big ambitions and big money. Now, Malaysia is in talks with several high-profile investors to add a casino to Forest City, people familiar with the matter told Bloomberg on Wednesday. AdvertisementThe southeast nation's Prime Minister Anwar Ibrahim met with the heads of a Malaysian property development firm and a resort company at Forest City last week. Expensive, empty apartmentsA casino — which would only be the second in Malaysia — could help struggling Forest City.

Persons: —, Anwar Ibrahim, Ibrahim Iskandar, King Ibrahim, Anwar, They're, Al Marjan Organizations: Service, City, Bloomberg, nation's, Forest City, Garden, Genting Group, Berjaya Corp, Business, United, United Arab Emirates, Las Vegas, downstate Locations: Malaysia, Forest City, Singapore, Malaysia's, Malaysian, Forest, Genting, Marielle, Johor, United Arab, Al, York City, York

☆ Wynn is almost back in Macao and crushing it in Vegas even before Super Bowl, Chinese New Year
▼ + stars: | 2024-02-07 | by ( Zev Fima | ) www.cnbc.com time to read: +8 min

It appears the strength in the fourth quarter has carried over into the current (first) quarter in all three locations. Macao We're happy to see the strong top-line performance in both Macao locations, even if Wynn Palace's adjusted EBITDAR came up a tad bit short. Total adjusted EBITDAR of $297 million (Wynn Palace and Wynn Macao added together) represents about 85% of Wynn's pre-Covid fourth quarter 2019 level of $348 million in the Chinese special administrative region. Breaking that down, Wynn Palace was still a bit further ahead in its recovery but Wynn Macao is quickly gaining ground. In 2019, Wynn Macao generated $170 million in fourth quarter adjusted EBITDAR.

Persons: —, WYNN, Wynn Al Marjan, Wynn, Al Marjan, Wynn Palace's, EBITDAR, Jim Cramer's, Jim Cramer, Jim, Pual Yeung Organizations: Wynn Resorts, Vegas, Boston, Club, LSEG, Super Bowl, United Arab Emirates, Wynn, Wynn Macao, Las Vegas, Bowl, Super, Wynn Interactive, Capital, CNBC, Bloomberg, Getty Locations: Macao, Las Vegas, Boston, United Arab, UAE, China, Wynn Macao, EBITDAR, Vegas Las Vegas, Las, Vegas, New York, Michigan

☆ This stock has gotten so cheap after reporting earnings that we have to buy more
▼ + stars: | 2023-11-10 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

Shortly after the opening bell, we will buy 75 shares of Wynn Resorts (WYNN) at roughly $85.45. Following the trade, Jim Cramer's Charitable Trust will own 375 shares of WYNN, increasing its weighting to 1.22% from 0.97%. Casino operator Wynn Resorts on Thursday reported its third-quarter earnings and overall the results looked good . But these investments are necessary in the fight for market share as they appeal to the mass crowd. Wynn Resorts Ltd. is scheduled to release earnings figures on May 10.

Persons: Jim Cramer's, Wynn, We've, WYNN, Al, Jim Cramer, Jim, Bridgett Bennett Organizations: Wynn Resorts, WYNN, Wynn, Boston, CNBC, Wynn Resorts Ltd, Bloomberg, Getty Locations: Las Vegas, Macau, Vegas, Las Vegas , Nevada

☆ The market unfairly docks Wynn after a strong quarter. But we see a buying opportunity
▼ + stars: | 2023-11-09 | by ( Jeff Marks | ) www.cnbc.com time to read: +8 min

But investor concerns over an unevenness to the Macao recovery sparked selling in afterhours trading, sending Wynn stock down more than 5% — and creating a potential buying opportunity. Despite these positives, Thursday evening's sell-off brought Wynn stock to about $40 below the level at which was trading in 2019. However, the company's two properties in the region – Wynn Palace and Wynn Macao – are not enjoying an equal pace of recovery. In the third quarter of 2023, Wynn Macao generated about $78 million in profits, which when annualized is only $312 million. The weakness at Wynn Macao has the market concerned Thursday about a loss of market share.

Persons: Wynn, —, we're, management's, Wynn Al, There's, annualized, Craig Billings, Jim Cramer's, WYNN, Jim Cramer, Jim, Pual Yeung Organizations: Wynn Resorts, WYNN, LSEG, Wynn Macao, Wynn, United Arab Emirates, Vegas, Management, Prix, NFL, Wynn Interactive, CNBC, Bloomberg, Getty Locations: Las, Macao, China, Las Vegas, Boston, Wynn Al Marjan, EBITDAR, Wynn Macao, Vegas, RevPar

☆ Secret spots on Croatia’s famous Dalmatian coast
▼ + stars: | 2023-10-03 | by ( Mary Novakovich | ) edition.cnn.com time to read: +11 min

CNN —To many, the southern Dalmatian coast is Croatia. The Adriatic coast is undeniably beautiful, with the forbidding Dinaric Alps as a dramatic backdrop to the heavily indented coastline and dozens of islands scattered about. Until 2022, reaching it from the north meant crossing into Bosnia, whose 12.4 miles of coastline sits below the Neretva delta, before giving way once more to Croatia’s southern Dalmatian coast. Elaphiti islandsWander along Dubrovnik’s old port and in seconds you’ll be offered a day trip to the Elaphiti islands, north of the city. Cavtat, about 15 miles south of Dubrovnik, has been steadily growing in popularity as an alternative to the city.

Persons: you’ve, Ivan Meštrović, Poelzer Wolfgang, Alamy, it’s, Pušćica, Klesarska, Goran Bogicevic, It’s, Mamma Mia, ”, laze, Baška Voda, Croatia’s, Korčula, Mali Ston Organizations: CNN, UNESCO, Stari Grad, Hvar Town, Zipline Locations: Croatia, Split, Dubrovnik, Hvar, Poelzer, Split’s, Brač, Senjska, Maslinica, Bol, Dalmatia, Washington ,, Stari Grad, Vrboska, Zaklopatica, Vis, Komiža, Tučepi, Biokovo, Hardy, Sveti Jure, Zipline Croatia, Bosnia, Rogotin, Croatian, mali, Dalmatian, Orebić, Mljet, Prapratno, Mali, Ston, Cavtat, robertharding, Slano

☆ Harry Styles, Bjork and celebrating fashion’s rebels
▼ + stars: | 2023-09-25 | by ( Zoe Whitfield | ) edition.cnn.com time to read: +6 min

Bjork wearing a Marjan Pejoski swan dress — complete with egg, laid on the red carpet — to the 2001 Academy Awards in Los Angeles. “Christopher Kane’s amazing neon dresses were made of lace, lingerie and elastic bought at a market in east London,” she explained. Style.com, as a resource, had a huge impact – immediately designers could understand how many people they were reaching,” said Lewin. Those technological shifts had an enormous impact.”The exhibition features clothing and fashion ephemera from the past 30 years. “Same as every other creative industry, changes in the education system and the cost of living have ripple effects on the way designers function within a city like London,” she said.

Persons: Newgen, Tony Blair, ’, Porter, Bjork, Wally Skalij, Rebecca Lewin —, Sarah Mower —, “ Lee McQueen, ”, Lewin, Alexander McQueen, Andy Stagg, Grace Wales Bonner, JW Anderson, Kim Jones, Mary Katrantzou, Duro Olowu, Richard Quinn, Simone Rocha, McQueen’s, Simon Ungless, Lee, Martine Rose, Charles Jeffrey’s, Nasir Mazhar, Harikrishnan Keezhathil Surendran Pillai, HARRI, Daley’s Liverpool, Steven Stokey, Daley, Pejoski, Sam Smith, Harry Styles, Singer Sam Smith, “ Christopher, you’ve, ‘ Organizations: London CNN, London, Los Angeles Times, Vogue, CNN, British Fashion Council, BFC, Ritz, Central Saint Martins, University of Westminster, London College of Fashion, BRIT, Design Museum Locations: British, Britain, Iraq, Los Angeles, London, Central Saint, India, Macedonia, “

☆ Feel-good war on short flights misses the mark
▼ + stars: | 2023-09-04 | by ( Rebecca Christie | ) www.reuters.com time to read: +4 min

REUTERS/Bryan Woolston Acquire Licensing RightsBRUSSELS, Sept 4 (Reuters Breakingviews) - Short flights within Europe are frequent flyers on wish lists of things to ban. But not all short flights are alike, and banning commercial hops makes less sense than targeting private jets. Limiting private jet travel would make a bigger difference, with fewer broad-based disruptions. Reuters GraphicsFollow @rebeccawire on XCONTEXT NEWSCountries such as France, Spain, Belgium and Germany have enacted or are considering measures to reduce or ban short flights. More than half of 2022 private jet travel was for distances of less than 750 km.

Persons: Bryan Woolston, Marjan, Davy, Stephen Furlong, George Hay, Oliver Taslic Organizations: Airbus, LaGuardia, REUTERS, Bryan Woolston Acquire, Rights, Reuters, Greenpeace, International Energy Agency, KLM, Institute for Policy Studies, Air, Brussels Airlines, European Commission . Aviation, Thomson Locations: New York City , New York, U.S, Rights BRUSSELS, Europe, Germany, Spain, France, Africa, Belgium

☆ Floods hit Slovenia, forcing evacuations and disrupting transport
▼ + stars: | 2023-08-04 | by ( ) www.reuters.com time to read: +1 min

KAMNIK, Slovenia Aug 4 (Reuters) - Torrential rains described by rescuers as "biblical" hit northern and western Slovenia on Friday, disrupting traffic and causing black outs, with helicopters evacuating people from some areas. Rescuers struggled to reach flooded areas and issued a public call for rubber boats in places where roads were closed and impassable due to landslides. Helicopters evacuated people trapped at their homes in the town of Skofja Loka, where vehicles and trucks were submerged or taken by torrents, local media reported. "We have not seen floods like these not just in 500 years, but in a 1,000 years," Roman Kocilija, chief of the rescuers in the village of Most pri Komendi, was quoted as saying by local media. He appealed to citizens to stay indoors in the town of Kamnik, where authorities declared an emergency situation and closed kindergartens.

Persons: Kocilija, Marjan Sarec, Borut Zivulovic, Daria Sito, Angus MacSwan Organizations: Environment Agency, Helicopters, Defence, Thomson Locations: KAMNIK, Slovenia, Croatia, Bosnia, Skofja Loka, Kamnik

☆ A European airline is buying train tickets for its customers on a 108-mile journey to encourage passengers to fly less
▼ + stars: | 2023-07-12 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

KLM's CEO told Politico: "We are moving our customers from plane to train." The Dutch airline has been buying tickets on the high-speed Thalys train from Amsterdam to Brussels. KLM, the flag carrier airline of the Netherlands, is buying train tickets for its customers traveling from Amsterdam to Brussels, Politico reported. "We are moving our customers from plane to train," CEO Marjan Rintel told Politico. Then in February, it announced it was buying tickets on four more Thalys trains for passengers transferring between the two airports.

Persons: Marjan Rintel, AeroTime, Rintel Organizations: Politico, KLM, Amsterdam's, Dutch Locations: Amsterdam, Brussels, Long, Netherlands, Belgium, Los Angeles, San Diego, Long Island, Schiphol

☆ Wynn Resorts delivers the quarter we've been waiting for, bolstered by China
▼ + stars: | 2023-05-09 | by ( Jeff Marks | ) www.cnbc.com time to read: +7 min

Wynn Resorts (WYNN) delivered a much better-than-expected first quarter Wednesday, with the casino. It appears the miss could be attributed to individual wealthy gamblers frequenting Wynn Palace at the expense of Wynn Macao, which historically is more exposed to groups and tours. Las Vegas Wynn Las Vegas continues to post big results, generating an all-time record adjusted EBITDAR of $231.6 million. There may be a lot of talk out there about a pullback in consumer spending, but it isn't showing up at Wynn Las Vegas. On a hold normalized basis, Wynn Las Vegas' EBITDAR margins expanded 300 basis points year-over-year and 1,400 basis points from the first quarter of 2019.

☆ Top analysts are bullish on these five long-term picks
▼ + stars: | 2023-04-02 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +7 min

Here are five stocks chosen by Wall Street's top analysts, according to TipRanks, a platform that ranks analysts based on their past performance. Rakesh holds the 94th position among more than 8,000 analysts followed on TipRanks. The analyst ranks 439th among more than 8,000 analysts followed on TipRanks. The analyst remains bullish on the stock and raised his price target to $134 from $128, as he continues to see a "meaningful upside." Santarelli holds the 27th position among more than 8,000 analysts on TipRanks.

Life has become solitary confinement.” Some women went into hiding, fearing retribution after the Taliban seized power. When the Taliban returned to power in Afghanistan in August 2021, women were among the most profoundly affected. A Wrenching Change Afifa, 47, wishes more Afghan men would fight for women’s rights KABUL, Afghanistan — Walk around the capital, Kabul, and it often feels as if women have been airbrushed out of the city. When the Taliban seized power, girls’ schools remained open in a kind of limbo — neither officially sanctioned nor forbidden — for months. Zubaida, 20, teaches high school girls in secret “Regimes come and go all the time in Afghanistan.

☆ The outlook for Wynn Resorts hasn't been this good since the pandemic started
▼ + stars: | 2023-02-08 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

Wynn Resorts (WYNN) reported promising fourth-quarter results Wednesday and even better guidance as the casino operator looks to profit from China's reopening. Along with a rebounding Macau, the casino operator's Las Vegas and Boston operations posted strong results that have continued into the current quarter. The near-term outlook for Wynn is as bright as it's been since the start of the pandemic. For the full year, Las Vegas generated $816 million of normalized adjusted property EBITDA, and management said it's "confident that this is an all-time record for a standalone Las Vegas Strip property". Wynn Las Vegas remains closed as a result of the statewide shutdown due to the continuing spread of the coronavirus on April 27, 2020 in Las Vegas, Nevada.

☆ Casino operator Wynn delivers decent Q3 despite ongoing China pressures
▼ + stars: | 2022-11-09 | by ( Jeff Marks | ) www.cnbc.com time to read: +11 min

Casino operator Wynn Resorts (WYNN) reported solid third-quarter results Wednesday, boosted by its U.S. properties, even as its China operations continued to be squeezed by Beijing's strict Covid-19 measures. Despite lower revenues, the Adjusted Property EBITDA loss was $21.8 million, compared to forecasts of a $43 million loss. But the Adjusted Property EBITDA loss was smaller than anticipated, at $43.8 million, compared to the $59 million loss predicted by analysts. Despite lower revenues, the Adjusted Property EBITDA loss was $21.8 million, compared to forecasts of a $43 million loss. But the Adjusted Property EBITDA loss was smaller than anticipated, at $43.8 million, compared to the $59 million loss predicted by analysts.

The people of Iran are in open revolt, this time led by courageous young women protesting the murder of Mahsa Amini, a young Kurdish woman who died in the custody of the morality police, and the law requiring they wear hijab. Most significantly, this current uprising over the murder of a Kurdish 22-year-old is being led by the young women of the TikTok generation. Pro-regime chants of “death to America” and “death to Israel” have been a staple of the rhetorical diet fed to the public. To that end, pro-Palestinian sympathy was ingrained in Iran’s propaganda via school textbooks, television programs, sports, cartoons, billboards and more. In 1979, the people of Iran yearned for a democratic revolution; instead, they got an Islamic dictatorship.

☆ noutăți.md
▼ + stars: | 2019-02-13 | by ( ) noutati.md time to read: 1 min

Cea mai scumpă insulă din lume este scoasă la vânzare pentru mai mult de 460 de milioane de dolari. Este vorba despre un complex artificial de patru insule, Al Marjan construit în nordul emiratului Abu Dhabi, cu o suprafaţă de aproape 2.7 kilometri pătraţi. Pe Al Marjan sunt construite deja mai multe hoteluri de cinci stele şi complexuri rezidenţiale de lux şi sunt amenajate plaje şi porturi private. Mai este însă spaţiu pentru a se construi în continuare şi pentru a fi perfecţionată infrastructura. În anunţul de vânzare a insulei este precizat că nu vor exista taxe pe venit pentru cumpărător şi nici controale pentru schimbul valutar.

Locations: Abu Dhabi

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