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Stock Market & Financial Investment News

News Breaks
February 20, 2014
07:39 EDTMGMMGM Resorts should outperform market, says Stifel
Stifel expects MGM's stock to outperform in the near-term and longer term, driven by stronger FY14 convention bookings, higher than expected Q1 REVPAR guidance, and an encouraging Strip outlook. The firm raised its price target on the stock to $32 from $27 and keeps a Buy rating on the shares.
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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