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Stock Market & Financial Investment News

News Breaks
April 11, 2014
10:07 EDTMGMMGM Resorts volatility increases into Q1 and Macau outlook
MGM Resorts April call option implied volatility is at 38, May is at 45, June is at 37; compared to its 26-week average of 35 according to Track Data, suggesting large near term price movement into the expected release of Q1 results on April 29.
News For MGM From The Last 14 Days
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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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August 14, 2015
13:03 EDTMGMOmega Advisors gives quarterly update on stakes, discloses stake in Google
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