Wynn … Analyst James Weston bumps this stock up from Neutral to Outperform (i.e. Tesla shares have risen from $640.34 at the time the calls were purchased to over $890 today. In total, there have been 548 positive cases -- resulting in a 3.6% positivity rate, the company said. As part of its contact tracing efforts, groups of 700 employees are tested every two weeks. The company has so far conducted 15,051 COVID-19 tests on employees with help from the University Medical Center, it said in a news release. Encore at Wynn Las Vegas to service as COVID-19 vaccine distribution site beginning Jan. 18. One Las Vegas Strip casino owner says it tallied 548 positive tests for COVID-19 among its 12,000 employees since May 2020. Wynn employees will initially have direct access to COVID-19 testing at UMC designated locations in Las Vegas beginning the week of May 4th. The … )For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P. Facebook set to report quarterly earnings as political, regulatory challenges grow, EXPLAINER-Why Trump's post-presidency perks, like a pension and office, are safe for the rest of his life, Dalio and BlackRock’s Fink Predict Inflation Rebound: FII Update, BlackRock may have raked in $2.4 bln on GameStop's retail-driven stock frenzy, Biden's proposed corporate tax hike may 'drive business outside of the US': EY CEO, Boeing Posts Massive Q4 Loss On Long List Of Charges; 777X Delayed. LAS VEGAS, Jan. 14, 2021 /PRNewswire/ -- The UMC COVID-19 Vaccination Center will open its doors at Encore at Wynn Las Vegas (Nasdaq: WYNN) on … The company reduced its debt load by $156 million in the quarter, and showed a 17% reduction in operating costs year-over-year. Another GameStop? "The Company has continued to see a significant downward trend in virus positivity rates since it began its multi-faceted Pre-employment and Surveillance Testing Programs," a Wynn statement said. A look into the TipRanks database reveals two midstream companies that have come to Raymond James’ attention – for all of the points noted above. Trade $5000 and get a bonus $500 for a limited time. Fox Business Flash top headlines for September 16, GM to supply Navistar with hydrogen fuel cells for semi trucks, US durable goods orders show modest 0.2% December gain, Tax filing tips for remote workers living in different states amid COVID, Today's mortgage refinance rates fall even lower | January 27, 2021, Today's mortgage rates push further into record low territory | January 27, 2021, Don't fall for these 3 debt consolidation myths, Transferring schools? In London, shares of Cineworld Group Plc, another favorite among short sellers, jumped as much as 21%. Beyond Wynn Resorts, The New York Times has also reported that almost 1,000 employees have tested positive for the coronavirus across various casinos and Las Vegas. Wynn Resorts in Las Vegas on Thursday reported more than 500 coronavirus cases among its employees since its June re-opening. Mutual Fund and ETF data provided by Refinitiv Lipper. The CEO says a COVID-19 saliva testing lab on the premises of Wynn Las Vegas and Encore will be completed in the coming weeks. US SECURES 100 MILLION DOSES OF PFIZER VACCINE. “However, what is going on now – there should be legal and regulatory repercussions. The Wynn said 10 employees are dedicated full-time to contact tracing for positive employee cases. In Clark County, home to Las Vegas, more than 63,300 coronavirus cases and 1,309 deaths were recorded as of Thursday, according to the Nevada Department of Health and Human Services. The company said that 98% of employees who tested positive contracted the virus outside of work. Wynn Resorts - which owns and operates the Wynn Las Vegas, the Encore Boston Harbor, the Wynn Macau and the Wynn Palace, Cotai - closed its U.S. properties on … Now the famed fund manager is warning that the rally has gotten out of hand.“If I put $GME on your radar, and you did well, I’m genuinely happy for you,” Burry, best known for his prescient bet against mortgage securities before the 2008 financial crisis, said in a tweet on Tuesday. At the same time, it’s become a major headache for institutional investors betting it would fall.“It is unwise to try to stand on principle against an angry mob,” said Wedbush Securities Inc. analyst Michael Pachter, who had a price target of $16 for GameStop as of Jan. 11. The company has a diversified set of midstream operations, and strong cash generation, factors leading Raymond James' Justin Jenkins to upgrade his stance on MPLX from Neutral to Outperform (i.e. The company reported $2.18 billion at the top line in Q1, $1.99 billion in Q2, and $2.16 billion in Q3; earnings turned negative in Q1, but were positive in both subsequent quarters. Las Vegas, NV (KXNT) - Starting on Monday, a U.M.C. Nancy Pelosi Buys Tesla Calls, Stands To Benefit From New Biden EV Plan. Start your online consultation today at RexMD.com. LAS VEGAS, Jan. 14, 2021 /PRNewswire/ -- The UMC COVID-19 Vaccination Center will open its doors at Encore at Wynn Las Vegas (Nasdaq: WYNN) on … All rights reserved. Both Merkley and Pelosi are Democrats. But famed fund manager Michael Burry warned that the manic rally has gotten out of hand, calling the stock’s rise “unnatural, insane, and dangerous.”“That feels like the phase of the market we’re in right now, where things are going a little crazy and definitely divorced from fundamentals,” Taylor said.Another note of caution was provided Wednesday by Bank of America Corp. analysts. Shares are priced at $19.58 and the average target of $23 suggests an upside of ~15% from that level. "Our goal, by implementing our Surveillance Testing Program and establishing a robust in-house contact tracing effort, is to make Wynn Las Vegas the safest place our guests and employees can go outside of their own homes," said Wynn Resorts CEO Matt Maddox. Melvin Capital closed out its short position, while Citron Capital’s Andrew Left said the firm covered the majority of its short in “the $90’s at a loss of 100%.”“It does feel like rationality and fundamentals are just kind of dead,” J Capital Research co-founder Anne Stevenson-Yang said by telephone. Powered and implemented by FactSet Digital Solutions. Follow the link to learn more about our recent updates. The Justice Department investigated Perdue and found no wrongdoing. An unstoppable force is taking over our financial markets. Biden's push for electric vehicles, which could include lifting the cap on sales, would give buyers tax credits again and is advantageous for Tesla. “If you’re short you’re in a very difficult position because you have to buy the stock to get out, so you end with a heavily overvalued stock.”GameStop didn’t immediately respond to a request for comment.Wednesday’s advance means the video-game retailer’s market value has risen more than 15 times this month alone to about $20 billion, making it bigger than about a third of the companies in the S&P 500 Index.“It really just goes to show the classic saying that markets can stay irrational longer than you can stay solvent,” said Greg Taylor, chief investment officer at Purpose Investments. “I joke, I come from the type of family where they don’t read a will at the funeral, they…. https://www.foxbusiness.com/lifestyle/wynn-las-vegas-covid-19-employees An aerial view shows The Drew Las Vegas north of Encore Las Vegas and Wynn Las Vegas. 6 things to know about your student loans, Student loan refinancing rates tick up slightly from last week's record low. The company also operates in the Antrim gas region of Michigan. Robinhood blew up the trading fee economy, and now along with a host of similar companies -- Public.com with its social focus, Freetrade in the UK, and so forth -- has made retail investing far more accessible than it was before to more folks. Legal Statement. The facility is operated in partnership with University Medical Center (UMC), who will provide a staff of medical professionals to administer the tests. Global bets worth billions of dollars could be at risk as amateur share traders challenge the bearish positions of influential funds, inflating stock valuations and leaving the professionals looking at potentially hefty losses. Fox 5 Vegas reports that of the 15,051 COVID-19 tests that have been processed for employees from the Wynn Resorts in Vegas so far, 548 of those tests have come back positive. “So you can try to fight this as long as you want but at some point you just have to give in and just step to the sidelines.”The stock’s gains were fanned late Tuesday after Tesla Inc. chief Elon Musk tweeted a link to a Reddit thread about the company. This material may not be published, broadcast, rewritten, or redistributed. Shares of Plug Power Inc. tumbled Wednesday, to pull back from a more than 15-year high, after the hydrogen-fuel company announced the sale of $1.8 billion worth of common stock to the public. Early in the corona crisis, the company had to cut back that payment – but only once. Wynn Resorts in Las Vegas revealed Thursday that nearly 500 employees have tested positive for the coronavirus since its hotels re-opened in June. 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While raising their price target to $10 from $1.60 to reflect the stock’s recent surge, they noted that GameStop is in “a weaker not a stronger place” and reiterated their underperform recommendation.“While it is difficult to know how much very high short interest and retail ownership could continue to put upward pressure on the shares, we think fundamentals will again factor into valuation,” analysts led by Curtis Nagle wrote in a note. The company … Pelosi could now have a conflict as she works to pass clean energy initiatives from which her family could profit. All in all, the Moderate Buy analyst consensus rating on DCP is based on 7 recent reviews, breaking down 4 to 3 Buy versus Hold. "Our goal, by implementing our Surveillance Testing Program and establishing a robust in-house contact tracing effort, is to make Wynn Las Vegas the safest place our guests and employees can go outside of their own homes," said Wynn Resorts CEO Matt Maddox. 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