Macau posts largest year-on-year growth yet for 2018

Macau casinos beat analysts’ expectations after posting an increase in its gaming revenue for August. Macau’s Gaming Inspection and Coordination Bureau (DICJ) showed local casino operators generated gaming revenue of MOP26.5b (US$3.3b), a 17.1% improvement over the same month last year. The number was higher than what analysts initially pegged for August at 15%-17% growth.… Continue reading Macau posts largest year-on-year growth yet for 2018

Window Maker More Than a Bet on Mother Nature

Heard on the Street Window Maker More Than a Bet on Mother Nature PGT Innovations dominates the market for impact-resistant windows in Florida but its growth goes beyond fear of big storms. Read more → Advertisement Follow WSJ Unsubscribe• Newsletters & Alerts• Contact Us• Privacy Policy• Cookie Policy SUBSCRIBE FOR FULL ACCESS TO WSJ.COM SIGN… Continue reading Window Maker More Than a Bet on Mother Nature

It Is Time for Chinese Airline Stocks to Unfasten Their Seatbelts

Heard on the Street It Is Time for Chinese Airline Stocks to Unfasten Their Seatbelts Worries about the effect of the yuan’s decline have hit China’s leading airlines, but most have taken steps to reduce their dollar exposure. Read more → Advertisement Follow WSJ Unsubscribe• Newsletters & Alerts• Contact Us• Privacy Policy• Cookie Policy SUBSCRIBE… Continue reading It Is Time for Chinese Airline Stocks to Unfasten Their Seatbelts

Meituan Dianping Is Delivering an Overpriced IPO

Heard on the Street Meituan Dianping Is Delivering an Overpriced IPO The food-delivery company has a highly successful app but makes no profit. A $55 billion valuation looks a stretch, especially at a bad time for Chinese tech stocks. Read more → Advertisement Follow WSJ Unsubscribe• Newsletters & Alerts• Contact Us• Privacy Policy• Cookie Policy… Continue reading Meituan Dianping Is Delivering an Overpriced IPO