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Stock Market & Financial Investment News

News Breaks
February 14, 2014
06:16 EDTMGMMGM Resorts volatility elevated into Q4 and Macau outlook
MGM Resorts February call option implied volatility is at 46, March is at 40, June is at 33; compared to its 26-week average of 36 according to Track Data, suggesting large near term price movement into the expected release of Q4 results on February 19.
News For MGM From The Last 14 Days
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August 31, 2015
05:37 EDTMGMHulu, Epix announce extensive multi-year agreement
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August 28, 2015
09:34 EDTMGMNevada 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 18, 2015
07:13 EDTMGMMacau GGR poised to sink 37% in August, says Bernstein
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