Watson Wyatt and Towers Perrin enter $500M credit facility to pave way for mergerOctober 9th, 2009 Watson, Towers Perrin enter $500M credit facilityNEW YORK — Management consulting firms Watson Wyatt Worldwide Inc. and Towers Perrin, which plan to combine in 2010, said Friday they will enter into a $500 million revolving credit facility.
Gannett completes $500 million offering of senior notes, to use proceeds to repay debtOctober 2nd, 2009 Gannett completes $500M offering of senior notesMCLEAN, Va. — Gannett Co.
Grubb & Ellis amends senior credit facility in part to defer partial prepayment of $27.3MOctober 1st, 2009 Grubb & Ellis amends senior credit agreementSANTA ANA, Calif. — Grubb & Ellis Co.
Wynn says IPO for Macau operating unit is priced at $1.30 per share in Hong KongSeptember 30th, 2009 Wynn prices Hong Kong IPO at $1.30 per shareLAS VEGAS — Wynn Resorts Ltd. said Wednesday its Hong Kong IPO was priced at 10.08 Hong Kong dollars ($1.30) per share, which the company said is at the top of the expected range for the offering.
Report: Wynn raises size of Macau assets IPO to $1.63 billion; investors eye gambling enclaveSeptember 20th, 2009 Report: Wynn boosts size of IPO for Macau assetsNEW YORK — Casino operator Wynn Resorts Ltd. will increase the size of its Hong Kong initial public offering for its Macau casino assets, as it looks to raise up to HK$12.6 billion ($1.63 billion), according to published reports.
Wynn Resorts CEO Steve Wynn and wife Elaine sell 2M shares in anticipation of divorceAugust 18th, 2009 Wynns sell 2M shares in anticipation of divorceLAS VEGAS — Wynn Resorts Ltd. said its billionaire chief executive, Steve Wynn, and his wife, Elaine, have sold 2 million, or $114 million worth, of their shares of common stock in the company to get more cash in anticipation of their pending divorce.
Analyst lifts Las Vegas Sands price target after company amends credit agreementAugust 14th, 2009 Analyst increases Las Vegas Sands price targetNEW YORK — An analyst boosted Las Vegas Sands Corp.'s price target Friday after the casino operator reworked a credit agreement so that it could potentially sell a minority stake in its Macau operations to raise cash. Thursday, the Sheldon Adelson-led Las Vegas Sands said the amended Macau facility would improve its financial flexibility.
Casino operator Wynn Resorts' net income falls in 2nd qtr but tops analyst expectationsJuly 30th, 2009 Wynn Resorts' 2Q profit falls but beats estimatesLAS VEGAS — Casino operator Wynn Resorts Ltd. said Thursday its second-quarter net income fell 91 percent, hurt by lower gambling revenue and the continuing costs of opening the Encore at Wynn Las Vegas casino, but the profit topped forecasts.
Wynn Resorts casino company to post second-quarter earnings ThursdayJuly 28th, 2009 Earnings Preview: Wynn Resorts Ltd.LAS VEGAS — Wynn Resorts Ltd. is to report its second-quarter financial results after the market closes Thursday.
CIT Group amends terms of notes tender, warns that bankruptcy filing possible if unsuccessfulJuly 24th, 2009 CIT Group amends terms of debt buyback offerNEW YORK — Small business lender CIT Group Inc. said Friday it's amending the terms of a tender offer for its notes but warns it may have to seek bankruptcy protection if enough bondholders don't agree to the terms.
Belden to offer private placement of notes and amends credit facilityJune 24th, 2009 Belden to offer private placement of notesST. LOUIS — Belden Inc.
Wynn Resorts books a wider-than-expected 1st-qtr loss after opening new Las Vegas casinoMay 5th, 2009 Wynn Resorts posts wider-than-expected 1Q lossNEW YORK — Casino operator Wynn Resorts Ltd. reported a wider first-quarter loss than Wall Street expected on Tuesday after opening a new casino resort on the struggling Las Vegas Strip and seeing revenue slip at its property in Macau.
Wynn Resorts moves to 1st-quarter loss on declining revenue at its Macau resortMay 5th, 2009 Wynn Resorts posts 1Q loss on weakness in MacauLAS VEGAS — Casino operator Wynn Resorts Ltd. said Tuesday that it lost money in its first quarter partly because revenue and occupancy dropped at its Macau resort, and its adjusted earnings fell well short of analyst estimates.
Las Vegas entertainer Danny Gans dead at 52May 1st, 2009 Las Vegas entertainer Danny Gans dead at 52LAS VEGAS — Danny Gans, one of the most popular entertainers on the Las Vegas Strip for the last decade, died in his sleep Friday. He was 52. Gans was found dead about 3 a.m.
Casino companies Wynn Resorts, Las Vegas Sands get breathing room with debt amendmentsApril 21st, 2009 Wynn, Las Vegas Sands amend debt agreementsLAS VEGAS — Casino companies Wynn Resorts Ltd. and Las Vegas Sands Corp.
September 15th, 2009 at 7:04 am
Wynn Resorts
one of the most popular entertainers on the Las Vegas Strip for the last decade.