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Stock Market & Financial Investment News

News Breaks
November 16, 2012
07:45 EDTPENN, MGMMGM Resorts volatility low; Penn National Gaming REIT spin-off to unlock value
MGM Resorts (MGM)overall option implied volatility of 42 is below its 26-week average of 44 according to Track Data, suggesting decreasing price movement as shares rally in the premarket on Penn National Gaming (PENN) plan to separate its gaming operating assets and real property assets into two publicly traded companies.
News For MGM;PENN From The Last 14 Days
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August 28, 2015
09:34 EDTMGM, PENNNevada reports July statewide gaming win down 0.96% to $922.89M
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August 21, 2015
07:17 EDTMGMMacau developments negative, says Wells Fargo
Wells Fargo says that its checks on Macau for August indicate that the region's revenues are trending flat to down this month. According to Wells, in August the region's revenues are historically up 4% versus July. The firm adds that comments by Macau casino owner Galaxy suggest that the market has not yet bottomed. Wells believes that the market has not yet stabilized and remains neutral on Macau stocks, although it remains upbeat on their long-term outlook. Publicly traded companies in the Macau gaming space include Las Vegas Sands (LVS), MGM Resorts (MGM), Melco Crown (MPEL) and Wynn Resorts (WYNN).
August 20, 2015
15:09 EDTPENNPenn National obtains final approval for $360M Tropicana Las Vegas transaction
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August 18, 2015
07:13 EDTMGMMacau GGR poised to sink 37% in August, says Bernstein
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August 14, 2015
13:03 EDTMGMOmega Advisors gives quarterly update on stakes, discloses stake in Google
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