Boston, MA, 02/26/2014 (usastockreport) – T-Mobile US Inc (NYSE:TMUS) tumbled by nearly 6% post its fourth quarterly results and weak 2014 outlook. The number four ranked carrier in U.S. beats the market EPS consensus by $0.11 per share, reporting it at ($0.03). However, it missed the revenue targets by $70 million, which came at $6.83 billion. The company anticipates to add 2-3 million branded postpaid subscribers in the year 2014 as against the 2 million added in the previous year.T-Mobile’s weak Q4 is not just all as its rivalry with AT&T Inc. (NYSE:T) gets more tough, after the latter introduced cheaper international calls and unlimited international text messaging services for its subscribers, in order to beat down the competition from T-Mobile US Inc (NYSE:TMUS)’s similar sort of plans.
Halcon Resources Corp (NYSE:HK) is scheduled to report its fourth quarter earnings after the close of today’s market. The analysts have projected earnings per share of 4 cents per share and revenue of 290.09 million for the company in the fourth quarter. Halcon Resources Corp (NYSE:HK) is an oil and natural gas company engaged in exploration, acquisition and production of onshore liquid-rich assets in the Unites States.
MGM Resorts International (NYSE:MGM) is among others to look out for an opportunity of strategic partnership in Japan. According the to the experts, Japan could become second largest casino market in Asia, but it has to get clearance from the government for legalized gambling. Casino bill is likely to be tabled in lower house towards the end of April before it goes for a final debate in the parliament in June. Japan as a region has a capacity to generate over $40 billion annual revenue from legalized gambling for the Casino market players. This revenue if six times of what Las Vegas has generated in the previous year. Other players, who are also keen on taking position in this market are Wynn Resorts Ltd. (NASDAQ:WYNN) and Caesars Entertainment Corporation (NASDAQ:CZR).