On Monday, Caesars Entertainment Corp (NASDAQ:CZR)’s shares inclined 1.65% to $4.92.
In the first week of June, MGM Resorts International (MGM), Wynn Resorts Ltd. and Caesars Entertainment Corp. (CZR) were in focus with the passing of two bills by the Governor of Nevada that would further whet the appetite for gambling and boost the state’s sports betting industry.
Further, Caesars Entertainment’s domestic charter service, Total Rewards Air clinched agreements with two airlines to expand its commercial operations. Meanwhile, the possible merger of MGM Resorts and Wynn Resorts brought the companies into limelight.
Company’s Total Rewards Air – a domestic charter service that offers fast and easy way to travel to casino resorts – has reached three-year agreements with Sun Country Airlines and Via Airlines to enhance its commercial operations. Per the agreement, Sun Country Airlines and Via Airlines will serve as the main operating partners for Total Rewards Air and will provide service to more than 100 origin cities across the U.S.
The new technology by Total Rewards Air will make flight and hotel packages booking easy. The expanded service will comprise more than 1,800 flights annually to the Total Rewards Air primary destination hubs of Atlantic City, Laughlin, NV, and Tunica and Biloxi, MS.
Caesars Entertainment Corporation, through its auxiliaries, provides casino-entertainment and hospitality services in the United States and internationally. It operates in four segments: Caesars Entertainment Resort Properties, Caesars Growth Partners Casino Properties and Developments, Caesars Interactive Entertainment, and Caesars Entertainment Operating Company.
Randgold Resources Ltd. (ADR) (NASDAQ:GOLD)’s shares dropped -4.73% to $57.59.
The Kibali gold mine is well on track to achieve its production guidance of 600 000 ounces for this year and, while work still continues on the development of its underground operation and second hydropower plant, the business is running at its designed specifications, Randgold Resources (RRS) ( GOLD) chief executive Mark Bristow said here recently.
At his quarterly update for local media, Bristow also declared that Randgold had reached a ground-breaking protocol with the communities that surround the mine and local authorities, to deploy Kibali in the development of a new economic frontier in the underdeveloped north-east of the country.
Bristow said Randgold was steadily broadening the range of Congolese businesses providing goods and services to Kibali in order to promote the expansion of the local economy. Construction, ore hauling, transport and waste administration are all now handled by Congolese companies, and a collective of local women is feeding more than 2 000 workers daily from mobile kitchens. Kibali has also committed a sum of $1 million to support economic development in the region and as part of this launched a successful business administration training program for aspiring entrepreneurs in the area.
Randgold Resources Limited explores and develops gold deposits in Sub-Saharan Africa. It holds interests in the Morila gold mine, the Loulo gold mine, and the Gounkoto gold mine, which are located in Mali, Western Africa; Tongon mine located within the Nielle exploitation permit in the north of Côte dIvoire; Kibali mine located in the Democratic Republic of Congo; and the Massawa project located in Senegal.
At the end of Monday’s trade, Simon Property Group Inc (NYSE:SPG)‘s shares surged 0.67% to $185.88.
Simon, a leading global retail real estate company, declared that Gary M. Rodkin has been designated to its Board of Directors.
Mr. Rodkin has noteworthy administration and marketing expertise with over 30 years of extensive operating and brand-building experience, counting having served as Chief Executive Officer or President of public companies and as a director of other publicly held corporations in a variety of industries.
Simon Property Group, Inc. is an equity real estate investment trust. The firm invests in the real estate markets across the globe. It engages in investment, ownership, administration, and development of properties. It primarily invests in regional malls, premium outlets, mills, and community/lifestyle centers to create its portfolio. Simon Property Group, Inc. was founded in 1960 and is based in Indianapolis, Indiana, with additional office in New York, New York.
Check Point Software Technologies Ltd. (NASDAQ:CHKP), ended its Monday’s trading session with -1.59% loss, and closed at $82.22.
Check Point® Software Technologies Ltd. ( CHKP), the worldwide leader in securing the Internet, recently declared its financial results for the second quarter ended June 30, 2015.
- Total Revenue: $395 million, representing a 9 percent enhance year over year
- Non-GAAP Operating Income: $221 million, representing a 7 percent enhance year over year
- Non-GAAP EPS: $0.99, representing an 11 percent enhance year over year
- Deferred Revenues: $780 million, representing an 18 percent enhance year over year
Financial Highlights for the Second Quarter of 2015:
- Total Revenue: $395 million contrast to $363 million in the second quarter of 2014.
- GAAP Operating Income: $199 million contrast to $190 million in the second quarter of 2014.
- Non-GAAP Operating Income: $221 million contrast to $207 million in the second quarter of 2014.
- GAAP Net Income and Earnings per Diluted Share: GAAP net income was $163 million contrast to $160 million in the second quarter of 2014. GAAP earnings per diluted share were $0.88 contrast to $0.83 in the second quarter of 2014.
- Non-GAAP Net Income and Earnings per Diluted Share: Non-GAAP net income was $183 million contrast to $172 million in the second quarter of 2014. Non-GAAP earnings per diluted share were $0.99 contrast to $0.89 in the second quarter of 2014.
Check Point Software Technologies Ltd. develops, markets, and supports a range of software, combined hardware, and software products and services for information technology (IT) security worldwide. It offers a portfolio of network security, endpoint security, data security, and administration solutions.
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