Articles Written by:    ROBERT STEYER     

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Bottling Up Beer Investors

Many of the world's largest brewers have complex ownership structures that look they were designed by the Dutch artist M.C. Escher, a master of enigmatic images that challenge the eye and the mind. These giants are characterized by significant stock ...

From ROBERT STEYER, The Money Times,  21 Nov 2009
Related Topics: NYSE,  InBev,  SABMiller,  Morningstar, Inc.,  Microsoft Corporation

Las Vegas: Dead or Alive?

For investors, are all of the above unmistakable signs that investing in Las Vegas is dead money? Or at least money that won't produce the lively returns of the not-so-long-ago days of cheap credit, booming tourism, full hotel rooms, and fearless ...

From ROBERT STEYER, The Money Times,  21 Nov 2009
Related Topics: Las Vegas Sands Corp.,  NYSE,  Boyd Gaming,  US Airways Group,  Wynn Resorts, Limited

Robert Steyer: Recession Cracks Open Big Beer

Despite its status as the world's biggest brewer, Anheuser-Busch InBev (NYSE: BUD) isn't immune from the imbibing trends that have affected competitors such as SABMiller (OTC: SBMRY) and Molson Coors (NYSE: TAP). Beer volume is down. Like its peers, ...

From ROBERT STEYER, Town Hall,  12 Nov 2009
Related Topics: InBev,  NYSE,  SABMiller

Is IGT's Luck About to Change?

Long-suffering investors in the gambling business don't need many encouraging words to elevate their mood. So when International Game Technology (NYSE: IGT) said it detected "modest upticks in spending" by many of its customers, the stock took ...

From ROBERT STEYER, The Money Times,  12 Nov 2009
Related Topics: NYSE,  International Game Technology,  Bally Technologies, Inc.,  Las Vegas Sands Corp.,  Wynn Resorts, Limited

Las Vegas Sands Seeks to Wow Macau

Las Vegas Sands (NYSE: LVS) added to the lexicon of "more" on Monday with its IPO proposal to the Hong Kong Stock Exchange. It wants to raise more money and sell more of a stake in its Macau casino subsidiary than had been speculated. The company also ...

From ROBERT STEYER, The Money Times,  11 Nov 2009
Related Topics: Las Vegas Sands Corp.,  NYSE,  Wall Street Journal,  Wynn Resorts, Limited

Robert Steyer: Wynn: The Loosest Dividends in Town

Dividendshave been a staple of popular sin stocks ranging from Altria Group (NYSE: MO) to Diageo (NYSE: DEO), but investors in major gambling companies have never really reaped the benefit of that quarterly cash cushion. Now, Wynn Resorts (Nasdaq: ...

From ROBERT STEYER, Town Hall,  11 Nov 2009
Related Topics: NYSE,  Las Vegas Sands Corp.,  Altria Group,  Wynn Resorts, Limited,  Ameristar Casinos, Inc.

Robert Steyer: Las Vegas Sands Seeks to Wow Macau

In the casino industry, the word "more" is never in short supply. More luxury. More glamour. More expansion. And almost inevitably, more debt. The company also said it has made progress raising more money from a group of lenders to help restart ...

From ROBERT STEYER, Town Hall,  11 Nov 2009
Related Topics: Las Vegas Sands Corp.,  Wynn Resorts, Limited

One year after sale, Anheuser-Busch InBev is transforming a St. Louis icon

Posted 11:19 a.m. Wed., Nov. 11 - Benj Steinman vividly recalls comments from an InBev executive, delivered a few weeks before the Belgian-Brazilian brewer completed its acquisition of Anheuser-Busch in November 2008. "The InBev culture will exist," ...

From ROBERT W. STEYER, St. Louis Beacon,  10 Nov 2009
Related Topics: InBev,  Washington University in St. Louis,  Carlos Brito (politician),  Busch Gardens,  Merrill Lynch

Robert Steyer: MGM Mirage Bets Big on Vegas

MGM Mirage (NYSE: MGM) investors face a tough call. They may look at the same numbers, but draw different conclusions. The CityCenter charge and other one-time items were worth $1.17 a share, pushing MGM Mirage into a reported third-quarter loss of $1. ...

From ROBERT STEYER, Town Hall,  5 Nov 2009
Related Topics: NYSE,  Las Vegas Sands Corp.,  Wynn Resorts, Limited,  Sheldon Adelson

Las Vegas Sands to Wynn: Mine's Bigger

(NYSE: LVS) is making a bid for more money than rival Wynn Resorts (Nasdaq: WYNN), which launched its initial public offering on the Hong Kong Stock Exchange last month. " > Sheldon Adelson, chairman and CEO of Las Vegas Sands, hopes to raise as ...

From ROBERT STEYER, The Money Times,  3 Nov 2009
Related Topics: Las Vegas Sands Corp.,  Wynn Resorts, Limited,  NYSE,  Sheldon Adelson,  Steve Wynn

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