MGM Resorts (MGM) Stock Price Target Raised at Deutsche Bank
at The Street - Fri Oct 30, 2:30PM CDT
MGM Resorts (MGM) price target was raised to $28 from $26 at Deutsche Bank on Friday.
MGM: 23.19 (+0.39)
MGM Resorts' REIT Plans Create New M&A Opportunities
at The Street - Fri Oct 30, 9:15AM CDT
The transfer lightens the casino operator's debt load, clearing the way for M&A.
GGP: 28.95 (-0.09), PNK: 35.01 (+0.01), PENN: 17.86 (+0.05), BYD: 19.99 (+0.01), MGM: 23.19 (+0.39), GLPI: 29.17 (+0.33)
MGM Resorts Up on Q3 Earnings Beat, Announces REIT Plan
Zacks Equity Research - Zacks Investment Research - Fri Oct 30, 8:08AM CDT
MGM Resorts International (MGM) posted third quarter 2015 results with earnings beating the Zacks Consensus Estimate while revenues missed the same. The company announced a plan to create a real estate investment trust.
MPEL: 18.73 (+0.33), WYNN: 69.95 (+0.05), LVS: 49.51 (+0.66), MGM: 23.19 (+0.39)
MGM shares up on REIT moves
at Investor's Business Daily - Thu Oct 29, 5:51PM CDT
MGM Resorts Int'l (MGM) shares gapped up to nearly a year high intraday after reporting strong Q3 earnings and saying that it will shift its casino properties into a real estate investment trust. It created the REIT, MGM Growth Properties (MGP), and...
MGM: 23.19 (+0.39)
Look for Shares of MGM Resorts International to Potentially Pullback after Yesterday's 4.78% Rise
Comtex SmarTrend(R) - Thu Oct 29, 4:30PM CDT
MGM Resorts International (NYSE:MGM) traded in a range yesterday that spanned from a low of $22.47 to a high of $23.41. Yesterday, the shares gained 4.8%, which took the trading range above the 3-day high of $21.83 on volume of 21.9 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
MGM: 23.19 (+0.39)
After Yesterday's Rally of 4.78% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Thu Oct 29, 4:30PM CDT
MGM Resorts International (NYSE:MGM) traded in a range yesterday that spanned from a low of $22.47 to a high of $23.41. Yesterday, the shares gained 4.8%, which took the trading range above the 3-day high of $21.83 on volume of 21.9 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
MGM: 23.19 (+0.39)
MGM Knows When To Fold 'Em: Gives In To REIT Pressure
at Investor's Business Daily - Thu Oct 29, 3:30PM CDT
MGM Resorts International (MGM) shares gapped up to nearly a year high intraday after reporting strong third-quarter earnings and saying it will shift its casino properties into a real estate investment trust. Under pressure from activist...
MPEL: 18.73 (+0.33), WYNN: 69.95 (+0.05), LVS: 49.51 (+0.66), MGM: 23.19 (+0.39)
MGM and Allergan are big market movers
AP - Thu Oct 29, 3:25PM CDT
NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:
AGN: 308.47 (+4.09), MJN: 82.00 (-0.79), PFE: 33.82 (-0.95), BWLD: 154.27 (+1.82), SHW: 266.83 (+8.72), MGM: 23.19 (+0.39)
Stocks Will Stay 'Fickle' in Countdown to December Meeting
at The Street - Thu Oct 29, 3:01PM CDT
It was a quiet day on Wall Street on Thursday. But don't expect the markets to stay that way over the final weeks of the year.
AMGN: 158.18 (-2.40), DB: 27.95 (+0.06), PYPL: 36.01 (+0.10), MGM: 23.19 (+0.39), MA: 98.99 (-1.60)
Stocks Are Slightly Lower; Oil Tops $46
at The Street - Thu Oct 29, 1:55PM CDT
Stocks are slightly lower by mid-afternoon Thursday with the energy sector struggling to stay positive as crude oil tops $46 a barrel.
PSX: 89.05 (+2.62), GPRO: 25.00 (-0.62), PBR.A: 3.99 (+0.06), WBK: 22.37 (-0.16), C: 53.17 (-0.49), PFE: 33.82 (-0.95), AMGN: 158.18 (-2.40), DB: 27.95 (+0.06), PYPL: 36.01 (+0.10), WFC: 54.14 (-0.95), BAC: 16.78 (-0.31), MGM: 23.19 (+0.39), AGN: 308.47 (+4.09), JPM: 64.25 (-0.96), BP: 35.70 (-0.01), TWC: 189.40 (-2.42), SNY: 50.34 (+0.71), YELP: 22.25 (-0.70), XLF: 24.08 (-0.35), MA: 98.99 (-1.60), XLE: 68.03 (+0.44)
MGM Resorts to shift casino assets to new property company
By KIMBERLY PIERCEALL - AP - Thu Oct 29, 1:28PM CDT
LAS VEGAS (AP) — MGM Resorts International plans to shift some of its casino-resort real estate into a separate company that will lease the properties back to MGM to boost value for shareholders and give both companies more flexibility to grow.
CZR: 8.05 (-0.03), MGM: 23.19 (+0.39), GLPI: 29.17 (+0.33)
Stocks Slip as Deutsche Bank Leads Financials Lower
at The Street - Thu Oct 29, 10:35AM CDT
Stocks retreat on Thursday after third-quarter U.S. GDP slows and as Deutsche Bank leads the financial sector lower.
GPRO: 25.00 (-0.62), WBK: 22.37 (-0.16), C: 53.17 (-0.49), PFE: 33.82 (-0.95), DB: 27.95 (+0.06), AMGN: 158.18 (-2.40), COP: 53.35 (-0.27), BAC: 16.78 (-0.31), WFC: 54.14 (-0.95), PYPL: 36.01 (+0.10), BWLD: 154.27 (+1.82), MGM: 23.19 (+0.39), AGN: 308.47 (+4.09), JPM: 64.25 (-0.96), TWC: 189.40 (-2.42), XLF: 24.08 (-0.35), YELP: 22.25 (-0.70), SNY: 50.34 (+0.71), MA: 98.99 (-1.60)
MGM Resorts (MGM) Stock Higher on REIT Plans, Jim Cramer: 'Brilliant Move'
at The Street - Thu Oct 29, 8:36AM CDT
MGM Resorts (MGM) stock is rising after the company announced plans to create a real estate investment trust and 2015 third quarter financial results that topped analysts' expectations.
MGM: 23.19 (+0.39)
MGM Resorts (MGM) Beats on Q3 Earnings, Lags Revenues
Zacks Equity Research - Zacks Investment Research - Thu Oct 29, 8:15AM CDT
MGM Resorts International (MGM) posted third quarter 2015 results with earnings beating the Zacks Consensus Estimate while revenues missing the same.
MGM: 23.19 (+0.39)
MGM tops 3Q profit forecasts
Automated Insights - Thu Oct 29, 7:33AM CDT
LAS VEGAS (AP) _ MGM Resorts International (MGM) on Thursday reported third-quarter net income of $66.4 million, after reporting a loss in the same period a year earlier.
MGM: 23.19 (+0.39)
MGM China Posts 2015 Third Quarter Financial Data
PR Newswire - Thu Oct 29, 6:31AM CDT
MGM China Holdings Limited ("MGM China" or the "Company"; SEHK Stock Code: 2282) today announced the selected unaudited financial data of the Company and its subsidiaries (the "Group"
MGM: 23.19 (+0.39)
MGM Resorts International Announces Plan to Create a REIT
PR Newswire - Thu Oct 29, 6:02AM CDT
MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company"
MGM: 23.19 (+0.39)
MGM Resorts International Announces Confidential Submission of Draft Registration Statement by MGM Growth Properties LLC
PR Newswire - Thu Oct 29, 6:01AM CDT
MGM Resorts International (NYSE: MGM) today announced that it confidentially submitted a draft registration statement on Form S-11 to the United States Securities and Exchange Commission ("SEC"
MGM: 23.19 (+0.39)
MGM Resorts International Reports Third Quarter Financial Results
PR Newswire - Thu Oct 29, 6:00AM CDT
MGM Resorts International (NYSE: MGM) today reported financial results for the quarter ended September 30, 2015.
MGM: 23.19 (+0.39)
Starbucks Brews Fresh Pot of Earnings for Investors
at The Street - Wed Oct 28, 7:15PM CDT
MasterCard, Sony and LinkedIn are among the other companies reporting earnings Thursday.
SBUX: 62.57 (+0.07), BIDU: 187.47 (+18.48), LNKD: 240.87 (+23.87), SNE: 28.40 (+0.30), TWC: 189.40 (-2.42), MO: 60.47 (-1.06), MGM: 23.19 (+0.39), NOK: 7.42 (+0.10), MA: 98.99 (-1.60)