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Stock Market & Financial Investment News

News Breaks
March 13, 2014
08:22 EDTPNK, MGMMGM Resorts, Pinnacle Entertainment announce strategic marketing relationship
MGM Resorts (MGM) and Pinnacle Entertainment (PNK) announced a strategic marketing partnership for the companies' rewards programs – MGM Resorts' M life and Pinnacle's mychoice. Beginning April 1, select mychoice members will be offered hotel stays, show tickets and other exclusive benefits at MGM Resorts' properties in Las Vegas. MGM Resorts' M life members will receive offers for hotel stays, dining and other memorable experiences at Pinnacle's properties in prominent gaming markets throughout the U.S.
News For MGM;PNK From The Last 14 Days
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March 6, 2015
15:40 EDTPNKPinnacle Entertainment files $1.5B mixed securities shelf
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March 5, 2015
07:23 EDTMGMJPMorgan to hold a forum
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06:23 EDTMGMLas Vegas Sands the most defensive large-cap gaming stock, says Citigroup
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March 3, 2015
06:44 EDTMGMMacau gambling revenue fell 49% in February, NY Times reports
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06:43 EDTMGMMacau reports February casino revenue down 48.6% to 19.54B patacas
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February 27, 2015
09:35 EDTMGMNevada reports January statewide gaming win up 7.75% to $952.7M
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February 26, 2015
08:29 EDTMGMDeutsche cuts 2015 Macau growth forecast to down 21.4%
Deutsche Bank lowered its 2015 Macau gross gaming revenue forecast to down 21.4% from down 8.4% saying the demand issues will not be solved by expanding capacity. The firm's confidence in a Macau turnaround remains "muted," but it continues to view shares of MGM Resorts (MGM) as "meaningfully undervalued." It views Buy-rated Wynn Resorts (WYNN) as better suited for longer term investors at this stage, and lowered its price target for the stock to $170 from $176. Deutsche also cut its price target for Hold-rated Las Vegas Sands (LVS) to $49 from $53.
February 25, 2015
09:36 EDTMGMActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL HPQ PBR FSLR MRVL TSLA LVS ABX TWTR MGM
February 24, 2015
09:52 EDTMGMMacau to review mainland’s individual visit scheme, Macau Business Daily says
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