Wynn Resorts Kills Macau Partnership

At The Motley Fool, we know our readers like to be informed. Here's a quick look at today's most relevant financial news, boiled down to what you need to know. In today's video, we cover the following:

  • Wynn Resorts (Nasdaq: WYNN  ) plans to forcibly buy out Japanese gambling tycoon Kazuo Okada's 20% stake in two Macau casinos.
  • Home Depot (NYSE: HD  ) delivered fourth-quarter earnings that beat estimates.
  • Kraft (NYSE: KFT  ) posted earnings in line with analysts' expectations but reported lower gross margins.
  • RadioShack (NYSE: RSH  ) reported earnings of $0.12 per diluted share, while inventories rose compared to the same quarter a year earlier.
  • Medtronic (NYSE: MDT  ) saw quarterly profit climb 1.2% on stronger demand for pacemakers.

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Fool contributor Tamara Rutter does not own shares of any of the companies mentioned here. Follow her on Twitter using the handle: @TamaraRutter for a daily roundup coverage and other Foolish insights. The Motley Fool owns shares of Medtronic and RadioShack. Motley Fool newsletter services have recommended buying shares of Home Depot. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.


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