mgm resorts

U.S. stocks were little changed as uncertainty in Ukraine remains with comments out of Poland's government suggesting that the likelihood of a Russian invasion of Ukraine has increased over the past day. NATO's deputy secretary general shared similar sentiments and stated that Russia...

U.S. stocks rose as investors found that the positives in the U.S. services sector outweighed concerns over an escalating conflict in Ukraine. The Institute for Supply Management said that its service-sector index rose to 55.2. Any reading above 50.0 indicates an expansion. Also, the index...

U.S. stocks rose as investors cheered the latest move by the Federal Reserve who stacked on another $10 billion to its tapering effort. By doing so, the central bank has lowered its asset purchases to $45 billion per month. “Information received since the Federal Open Market Committee met in...

The earnings crunch continues this week. Among the highlights will be scheduled quarterly reports from Exxon Mobil and Chevron, from Bristol-Myers Squibb and Merck, from Time Warner and Viacom, and also from Twitter. Early Thursday, Exxon Mobil (NYSE: XOM) is expected to say that it had earnings...

U.S. stocks rose in the final day of the first quarter as the Fed's boss Janet Yellen said there is still room for the central bank to further boost the economy. Yellen, speaking in Chicago today, said the scars from the Great Recession remain, and reaching our goals will take time." Yellen...

The new year has proved to be a volatile one on the stock markets. The Nasdaq is no exception, swinging down and up some 300 points in the first two months of 2014. Here is a quick look at five of the top-performing Nasdaq stocks in the past month. Note that all of them have market caps greater...

U.S. stocks fell on Tuesday as investors found a decline in consumer confidence as reason enough to keep stocks from moving higher. The S&P 500 retreated from its record all time high set yesterday but took a run above the 1,850 level in the late morning. The all time high for the index is...

Market lost ground Wednesday and will likely open lower again Thursday. The Dow lost about 89 points to close at 16,040.56. The S&P was down 0.6 percent, or about 12 points to close at 1,828.75, and the NASDAQ fell 0.8 percent to 4,237.95. This morning, U.S. markets are indicated to open...

U.S. stocks finished the day near session lows as investors found little reason to be bullish. Housing data came in poor and failed to rally the bulls. Several Fed members raised the idea of a rate hike but “participants agreed that, with the unemployment rate approaching 6.5 percent, it would...

The earnings season is winding down, but on the docket this week are Coca-Cola (NYSE: KO), Groupon (NASDAQ: GRPN), Hewlett-Packard (NYSE: HPQ), MGM Resorts (NYSE: MGM), Tesla Motors (NASDAQ: TSLA) and others. Later in the week, the parade of quarterly reports from big retailers kicks off with...

U.S. stocks finished higher on Thursday after a bumpy start to the trading session. “People want to buy the dips now because the market made a bottom after Feb. 3,” Donald Selkin, chief market strategist at National Securities Corp. told Bloomberg. “We got very oversold and now it's believed...

On Tuesday, a team of analysts led by Anil Daswani at Citigroup (NYSE: C) released an outlook for the global gaming market. The analysts are bullish on the entire industry, using profound terms to describe 2014 as a “watershed year” for U.S. and Macau based gaming stocks. Macau: still room to...

For the first time in the new year, markets ended the day on a positive note. While it is only a few days in, markets appear to have started off 2014 on uncertain footing. Investors and traders found some positives in the U.S. trade deficit which fell to its lowest level in four years, an...

In 2013, gaming revenues in the Macau region rose 18.6 percent to $45.2 billion, according to Macau's Gaming Inspection and Coordination Bureau. Macau's gaming revenues pales in comparison to those seen in Las Vegas. The Vegas strip generated $5.8 billion from January to November. Macau is home...

The main question going in to Tuesday's trading session was whethere the Fed will decide to scale back its $85 billion monthly bond buying program. A budget deal in Congress and solid economic data make the case that tapering will begin sooner rather than later. Major indices were virtually...