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Stock Market & Financial Investment News

News Breaks
March 1, 2013
08:31 EDTMGMMGM Resorts and AEG announce intent to pursue developemnt of Las Vegas project
MGM Resorts and AEG announced the companies have entered into an agreement to pursue the development of a privately funded, 20,000-seat indoor arena in Las Vegas on land located west of the Las Vegas Strip, between New York-New York and Monte Carlo. The new arena would be a venue capable of hosting boxing and other sporting events, major headline entertainment, and other special events. The project is anticipated to be financed with equity contributions from each of the partners as well as privately funded third-party financing. Design and planning is well underway and the partners will begin seeking appropriate approvals immediately.
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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