Wynn

Street Directory recently made the argument that if investors want some degree of price stability, they should buy stocks which have heavy daily trading volumes. But what if an investor prefers the potential of sharp moves up or down that comes with a stock whose normal daily volume is modest?

When Steve Wynn first proposed taking over the stalled Foxwoods casino project in Philadelphia, he said his version would be "cute." Now he is promising a gambling hall that will be "Wynn top to bottom."

There's nothing like a crisis to send people running back to the tried-and-true. That truism holds for cities: Las Vegas, in the midst of a tourism slump, is returning to its iconic tagline "What happens here, stays here." According to The Las Vegas Sun, the city is abandoning a gamble that didn't...

For many years, analysts have run sin indexes. Some had to do with the consumption of liquor, and others with cigarettes. It was always hard to tell if sin was a leading indicator of bad times or good. Some people drink their troubles away during a recession. Others drink champagne when a recession...

Alcoa (AA), the aluminum giant, said late Monday that it will chop its dividend to 3 cents a share from 17 cents a share, sell $1.1 billion worth of shares in a public offering and cut costs by more than $2.4 billion annually by 2010 to cope with the economic downturn. It hopes its actions will...

There are certain things in life for which "you get what you pay for." In my opinion, hotels in Las Vegas definitely fall in that category. I like staying at nice hotels, and I usually feel the extra money is worth it. But not at the Wynn Las Vegas a few weeks ago.Earlier in the year, I stayed at...