New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 15, 2013
09:02 EDTMGMMGM Resorts volatility low into Q4 and Macau outlook
MGM Resorts overall option implied volatility of 37 is below its 26-week average of 43 according to Track Data, suggesting decreasing price movement into the expected release of Q4 results on February 22.
News For MGM From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
March 23, 2015
07:15 EDTMGMCredit Suisse to hold a conference
18th Annual Asian Investment Conference is being held in Hong Kong on March 23-27.
March 20, 2015
12:24 EDTMGMLand and Buildings issues statement in response to filing of MGM Resorts proxy
Subscribe for More Information
March 19, 2015
13:00 EDTMGMCasino operators jump after analyst starts with Buy ratings
Subscribe for More Information
10:02 EDTMGMOn The Fly: Analyst Initiation Summary
Subscribe for More Information
March 18, 2015
16:23 EDTMGMMGM Resorts initiated with a Buy at Brean Capital
Target $27.
16:00 EDTMGMOptions Update; March 18, 2015
iPath S&P 500 VIX Short-Term Futures down 1.20 to 26.10. Option volume leaders: AAPL RAD PBR TWTR FB TSLA CLF BP MGM according to Track Data.
10:00 EDTMGMOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
09:13 EDTMGMMGM Resorts potential REIT conversion would unlock value, says Morgan Stanley
Subscribe for More Information
08:28 EDTMGM, MGMMGM Resorts downgraded to Outperform from Buy at CLSA
CLSA downgraded MGM Resorts to Outperform and lowered its price target to $25 from $29 as part of Macau sector downgrade to reflect disappointing run rates year-to-date and expectations for more negative newsflow. See sector note for further information.
08:24 EDTMGM, MGMMacau sector downgraded at CLSA
CLSA downgraded the Macau sector given disappointing run rates year-to-date and expectations for more negative newsflow. The firm said the anti-corruption campaign continues to pressure VIP and premium mass customer visits. CLSA now expects 2015 EBITDA growth of -26%, lowered its view of VIP growth to -32% from -14%, reduced mass growth to -17% from -2%, and now expects new Cotai projects ROIC to average only +18, down from +35% previously. As part of the sector view change, the firm downgraded Las Vegas Sands (LVS), MGM Resorts (MGM), and Wynn Resorts (WYNN) to Outperform from Buy.
05:55 EDTMGMStocks with implied volatility movement; MGM CY
Subscribe for More Information
March 17, 2015
16:26 EDTMGMOn The Fly: Closing Wrap
Subscribe for More Information
16:00 EDTMGMOptions Update; March 17, 2015
iPath S&P 500 VIX Short-Term Futures down 11c to 27.30. Option volume leaders: AAPL RIG MGM HTZ TWTR TSLA CY KO NFLX C according to Track Data.
10:11 EDTMGMMGM Resorts trades sharply higher as activist suggests REIT conversion
Land and Buildings laid out a proposal to unlock value in the shares by pursuing a REIT conversion at MGM Resorts. At the current price of $21.36, the stock is up over 8.6%. Resistance initially is at the session high at $21.50, and then at $21.76. Support is at the 50-day moving average at $20.73.
09:25 EDTMGMLand and Buildings proposes REIT conversion for MGM Resorts
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use