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Stock Market & Financial Investment News

News Breaks
March 14, 2014
06:01 EDTMGMMGM's Mandalay Bay Resort to pay $500K fine in drug sting, AP reports
MGM's (MGM) Mandalay Bay Resort in Las Vegas will pay a fine of $500,000 following a drug sting, the Associated Press reports. The proposed settlement by the Nevada Gaming Control Board is awaiting approval by the Nevada Gaming Commission. Reference Link
News For MGM From The Last 14 Days
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March 5, 2015
07:23 EDTMGMJPMorgan to hold a forum
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06:23 EDTMGMLas Vegas Sands the most defensive large-cap gaming stock, says Citigroup
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March 3, 2015
06:44 EDTMGMMacau gambling revenue fell 49% in February, NY Times reports
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06:43 EDTMGMMacau reports February casino revenue down 48.6% to 19.54B patacas
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February 27, 2015
09:35 EDTMGMNevada reports January statewide gaming win up 7.75% to $952.7M
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February 26, 2015
08:29 EDTMGMDeutsche cuts 2015 Macau growth forecast to down 21.4%
Deutsche Bank lowered its 2015 Macau gross gaming revenue forecast to down 21.4% from down 8.4% saying the demand issues will not be solved by expanding capacity. The firm's confidence in a Macau turnaround remains "muted," but it continues to view shares of MGM Resorts (MGM) as "meaningfully undervalued." It views Buy-rated Wynn Resorts (WYNN) as better suited for longer term investors at this stage, and lowered its price target for the stock to $170 from $176. Deutsche also cut its price target for Hold-rated Las Vegas Sands (LVS) to $49 from $53.
February 25, 2015
09:36 EDTMGMActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL HPQ PBR FSLR MRVL TSLA LVS ABX TWTR MGM
February 24, 2015
09:52 EDTMGMMacau to review mainlandís individual visit scheme, Macau Business Daily says
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