Jim Murren, MGM Resorts International Chairman and CEO said, "Our improved results are broadly based throughout our resort portfolio. Performance at our Las Vegas properties was driven by increased hotel occupancy and room rates.
MGM Resorts International (NYSE:MGM) reported a Q1 loss of $0.18 per share, slightly better than the consensus estimate for a loss of $0.19 per share. Revenue for the quarter was up 3.2% year-over-year to $1.50 billion, in-line wi
MGM Resorts International (NYSE:MGM) announced Thursday that its board of directors had unanimously voted to name founder, director, and current board member Kirk Kerkorian as its first ever "Director Emeritus."
Consumer shares are down in mid-session trading along with MGM Resorts (MGM) after the company's narrowed loss fails to inspire investors. Meanwhile, Green Mountain Coffee Roasters (GMCR) is seeing its shares slide 4% as the compe
Monday, February 14th kicks off earnings reports from MGM Resorts (MGM) before the opening bell and Agilent Technologies (A), Marriott (MAR), and FMC Technologies (FTI) after market close. No major economic reports are scheduled f
On Tuesday, February 15th, you can expect Sirius XM Radio's (SIRI) earnings report early on the morning. Rovi Corp (ROVI), Tesla Motors (TSLA), Allscripts Healthcare (MDRX), and Dell (DELL) will be reporting their earnings in the
Consumer shares are down at mid-day, but Ford Motor (F) shares are advancing as the automaker says it is looking to hire U.S.-based workers. In mid-day news, shares of MGM Resorts (MGM) are down after the company said CityCenter H
Shares of MGM Resorts (MGM) are down after the company said CityCenter Holdings, LLC, a joint venture which is 50% owned by a wholly-owned subsidiary of the company and 50% owned by Infinity World Development, proposes to offer $1
Consumer shares are mixed in mid-day trading as the sector pares some of yesterday's losses ton disappointing retail sales. In mid-day news, online retailer Amazon.com (AMZN) is down, despite an upgrade to "buy" from "hold" at Laz
From FNNO.com, this is the Financial News Network. I’m Cleo
Stiller-Farrell and this is your Midweek Market Wrap Up. The British
Bankers’ Association, which has the supervisory role of setting the
influential Libor rates, announced that it would be willing to give up
its...
The Wall Street Journal reports that home prices showed their best year-to-date gains since 2005, up 5.9% through July, signaling the housing market's steady march toward recovery. Also from the Wall Street Journal, IBM (IBM) will increase its efforts to sell so-called cloud computing services...
CEO Marissa Mayer is bringing in some more new blood to Yahoo!, tapping Ken Goldman as the company's new Chief Financial Officer. Goldman's appointment will take effect on October 22nd.
Goldman served as CFO at his most recent employer, Fortinet, having worked at Siebel Systems, Sybase,...