Casino Crackdown, Cool Consumer Could Cause Cuts to Coach Consensus; Conclusion? Caution!
We retain our negative view on Coach Inc (COH US) and believe consensus earnings estimates for both June 2017 and June 2018 fiscal years remain too...
177 Views
Corporate Hybrids Handbook 2017
The BondAdviser Corporate Hybrid Handbook 2017 is designed to be a useful reference for ASX-listed corporate hybrid securities and the credit...
162 Views
Detention of Crown Employees in China Elevates Risks for All Australian and New Zealand Casinos
Chinese authorities' detention of executive vice president VIP International Jason O'Connor and 17 other Crown Resorts employees has clear negative...
185 Views
Fewer New Tables Offset by Transferring Tables and Efficiency Gains
We plan to reduce our forecast for the total number of tables at Wynn Macau's Palace casino to 150 from 250.We expect this lower number to be...
151 Views
Retain Defensive Bias as the Reluctant Rate Cutter Likely to Deliver More Stimulus
Interbank Cash Rate Futures point to a 65% probability that the RBA will cut the Overnight Cash Rate (OCR) by 25 basis points to 1.5% on...
212 Views