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Stock Market & Financial Investment News

News Breaks
February 28, 2013
09:03 EDTMGMMGM Resorts announces adoption of regular distribution policy
Pursuant to the announced policy, MGM China intends to pursue a dividend policy pursuant to which it will make semi-annual distributions in an aggregate amount per year not to exceed 35% of its anticipated consolidated annual profits, taking into consideration the criteria described below and its directors' fiduciary duties. MGM China may also declare special distributions from time to time in addition to the semi-annual distributions. It is anticipated that these distributions will be declared semi-annually following the announcement of the half-year results and following the announcement of the full year results.
News For MGM From The Last 14 Days
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May 16, 2013
09:23 EDTMGMMGM Resorts volatility at low end of six-year range, shares near 55-month high
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May 14, 2013
08:58 EDTMGMMGM Resorts and China State Construction announce cooperating agreement
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May 10, 2013
16:01 EDTMGMOptions Update; May 10, 2013
CBOE Volatility Index VIX down 56c to 12.57. Option volume leaders: BIDU AAPL TSLA GOOG C MBI MGM according to Track Data.
14:04 EDTMGMNew Jersey reports Atlantic City casino win $228.5M in April
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09:33 EDTMGMNevada reports March Las Vegas Strip gaming win up 13% to $507.6M
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09:32 EDTMGMNevada reports March statewide gaming win up 7% to $914.78M
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06:01 EDTMGMStocks with implied volatility movement; MGM MTG
Stocks with implied volatility movement; MGM Resorts (MGM), MGIC Investment (MTG) according to IVolatility.
May 9, 2013
12:49 EDTMGMMGM National Harbor files proposal with Maryland
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10:08 EDTMGMOn The Fly: Analyst Upgrade Summary
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09:19 EDTMGMOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Tesla (TSLA), up 23.7%... Green Mountain (GMCR), up 14.5%... Groupon (GRPN), up 14.1%... Walter Investment (WAC), up 6.1%... News Corp. (NWSA), up 3.9%... ALSO HIGHER: Barnes & Noble (BKS), up 29.4% after TechCrunch says Microsoft (MSFT) may buy Nook Media assets for $1B... Oil States (OIS), up 4.2% after David Einhorn recommends shares at investor conference... MGM Resorts (MGM), up 1.2% following upgrade to Buy at Sterne Agee. DOWN AFTER EARNINGS: Rackspace (RAX), down 21.6%... Monster Beverage (MNST), down 9.8%... McDermott (MDR), down 8.3%... Activision Blizzard (ATVI), down 7.1%. ALSO LOWER: Seagate (STX), down 3.4%, and Western Digital (WDC), down 2.2% after negative mention of both by Jim Chanos at Sohn conference.
07:35 EDTMGMMGM Resorts upgraded to Buy from Neutral at Sterne Agee
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