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MGM Resorts Shares Spike Following Plans To Create A REIT
Thursday, October 29, 2015 - 8:04am | 519Read More...Shares of MGM Resorts International (NYSE: MGM) spiked higher by nearly 10 percent Thursday morning. The company said that it will create a controlled real estate investment trust (REIT). Activist investor Land and Buildings acquired a stake in MGM and pushed management to implement a...
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Market Wrap For May 15: Bears Return In Full-Force As Dow Suffers Triple-Digit Point Loss
Thursday, May 15, 2014 - 4:41pm | 2809Read More...U.S. stocks declined for the second straight day after investors and traders digested disappointing earnings from retailers and economic reports were disappointing. The Dow suffered a triple-digit point loss and declined one percent after the retailer giant Wal-Mart failed to "wow" investors....
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MGM Mirage (MGM) Seeks To Negotiate $5.5 Billion Bank Deal And May Look To IPO Macao Property
Thursday, October 15, 2009 - 3:18pm | 83Read More...MGM Mirage (NYSE: MGM) CEO James Murren expects to redo the $5.5 billion loan financing before the end of the year or early 2010. Also, MGM Mirage is considering an IPO of its Macao joint venture. Wynn Las Vegas (Nasdaq: WYNN) just issued shares as it relates to its Macao properties and Las Vegas...
