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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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April 14, 2015
14:05 EDTMGMNJ Gaming reports March total Win $203.9M vs. $199.3M a year ago
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April 9, 2015
08:31 EDTMGMMGM Resorts and Infinity World announce approval of $400M special dividend
MGM Resorts and Infinity World Development announced a special dividend and the adoption of an annual distribution policy by CityCenter Holdings. CityCenter approved a $400M special dividend, which will be paid on or about April 30, 2015. The owners will each receive $200M, representing their pro rata share. In addition, CityCenter has approved the adoption of a regular dividend policy pursuant to which it will make annual distributions of up to 35% of excess cash flow subject to approval by the CityCenter board.

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