Steve Wynn on EBITDA
Finally, as he waits for a meaningful Vegas turnaround, Steve Wynn pokes fun at the measurements some analysts and executives use to gauge a company’s success—in short, he mocks EBITDA. “As if depreciation doesn’t exist.”
Finally, as he waits for a meaningful Vegas turnaround, Steve Wynn pokes fun at the measurements some analysts and executives use to gauge a company’s success—in short, he mocks EBITDA. “As if depreciation doesn’t exist.”
The growth for emerging markets remains robust despite the euro zone sovereign debt crisis, says Stefan Hofer, emerging markets strategist at Bank Julius Baer. He tells CNBC’s Stephen Sedgwick & Chloe Cho more.
Rating agencies don’t seem to have many friends these days, with Jerome Fons, former Moody’s managing director.
If we don’t strengthen the ECB and European Commission, we should dismantle the euro, Carlos Gutierrez, former commerce secretary and former Kellogg CEO, said Thursday. “We’re at an inflection point,” he said. “The whole concept of the euro is being tested.”
Hedge fund manager Jamie Dinan, of York Capital Management, discusses the economic recovery and more with CNBC.
President Obama shares remarks on the BP spill and more.
US unemployment claims fell last week, suggesting the battered labor market is recovering but only slowly, the Labor Department said on Thursday. Jim Iuorio, of TJM Institutional Investors; Jerry Webman, of Oppenheimer Funds; Andrew Ross Sorkin, of the NY Times; and CNBC’s Steve Liesma discuss.
Gold is likely to stay above $1,000 this year, with room to rise further, says Mike McChesney, CEO of Vantage Goldfields. He talks to Greg Bundy of AIMS Financial, and CNCB’s Oriel Morrison and Sri Jegarajah, as the junior miner lists on the Australian market today.
The DOJ reportedly taking a close look at Apple’s digital music business, with Toni Sacconaghi, Sanford C. Bernstein and Gene Munster, Piper Jaffray.
Gold has reached record highs in recent weeks, but it will continue to go much higher in price, Ben Davies, CEO, Hinde Capital said. Davies said he views gold, not as a commodity, but as a cash supplement. Less developed countries will buy gold to increase reserves, he added.