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Stock Market & Financial Investment News

News Breaks
February 18, 2014
08:25 EDTMGMMGM Resorts volatility elevated into Q4 and Macau outlook
MGM Resorts February call option implied volatility is at 60, March is at 41, 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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September 2, 2014
14:16 EDTMGMMacau casinos retreat after revenue downturn accelerates
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07:02 EDTMGMMacau reports August casino revenue down 6.1% to 28.88B patacas
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August 28, 2014
09:32 EDTMGMNevada reports July statewide gaming win up 0.65% to $931.8M
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August 26, 2014
07:26 EDTMGMMacau estimates lowered at Morgan Stanle
Morgan Stanley lowered Macau 2014 growth estimates to 6% from 12% and 2015 to 11% from 12.5% due to expectations for VIP trends to continue to deteriorate given the China macro impact and notes slowing mass growth rates.

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