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MGM

MGM Resorts

$27.16

-0.9 (-3.21%)

16:03
09/03/19
09/03
16:03
09/03/19
16:03

MGM Resorts issues statement on future of Village property

MGM Resorts released the following statement: "We know that for many, the Village property will forever be linked to the tragic loss of life that took place there on October 1st. We will never forget the victims, and all of those impacted by that evening. As the second anniversary nears, we remain committed to being part of the community effort to continue healing and moving forward. In this spirit, MGM Resorts plans to build a community and athletic center on the north end of the property, which will be home to sporting events and community gatherings. We hope one day it will host high school basketball tournaments, indoor soccer for kids and provide a place for the Aces to practice and engage with the community to inspire the next generation of female athletes. It was important to us that the long-term use of the property include the community in some way. We also plan to create a space on the property to remember the victims of the tragedy. In the near term, while these plans are underway, the property will revert back from festival grounds to a parking area and will serve as parking during games and concerts taking place at Allegiant Stadium. Over the coming weeks and months, there will be construction activity near the property to ensure the safety of pedestrians crossing the street toward the stadium. We will share plans for the community and athletic center as they advance. We will also support the future community effort around a permanent, public memorial when that process begins."

MGM MGM Resorts
$27.16

-0.9 (-3.21%)

07/29/19
ARGS
07/29/19
NO CHANGE
Target $35
ARGS
Buy
MGM Resorts price target raised to $35 from $30 at Argus
Argus analyst John Staszak raised his price target on MGM Resorts to $35 and kept his Buy rating after its "solid" Q2 earnings. The analyst cites continued growth of the MGM Cotai in China along with the underappreciated by investors signs of recovery in Las Vegas, where RevPAR rose 2.3%, room prices rose 70bps, and occupancy increased by 2%.
08/02/19
BOFA
08/02/19
DOWNGRADE
BOFA
Neutral
MGM Resorts downgraded to Neutral from Buy at BofA/Merrill
08/02/19
BOFA
08/02/19
DOWNGRADE
Target $31
BOFA
Neutral
BofA/Merrill downgrades MGM to Neutral on balanced risk/reward
BofA/Merrill analyst Shaun Kelley downgraded MGM Resorts to Neutral from Buy with an unchanged price target of $31. The analyst views the risk/reward as more balanced at current share levels. Potential catalysts from the ramp of MGM Cotai in Macau, real estate optionality and the MGM 2020 Plan are balanced by rising cyclical risks, convention competition, and the company's high operating leverage, Kelley tells investors in a research note.
08/22/19
MSCO
08/22/19
NO CHANGE
MSCO
Las Vegas Sands' Osaka decision good for it and MGM, says Morgan Stanley
After Las Vegas Sands (LVS) announced that it is not pursuing a license in Osaka, choosing to focus on Tokyo and Yokohama, Morgan Stanley analyst Thomas Allen said he believes the company may be making the right long-term decision. He also views the news as a potential positive for MGM Resorts (MGM), which he thinks is now "in pole position" to win the Osaka license. Both MGM and Las Vegas Sands will face intense competition from other global gaming companies for licenses in Japan, added Allen.

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FQVLF

First Quantum Minerals

$0.00

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GVP

GSE Systems

$1.75

0.06 (3.55%)

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JWN

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$32.15

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AOBC

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$6.04

-0.13 (-2.11%)

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ARNC

Arconic

$27.14

-0.17 (-0.62%)

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DOVA

Dova Pharmaceuticals

$16.00

0.5 (3.23%)

, RIGL

Rigel Pharmaceuticals

$1.71

0.015 (0.89%)

16:55
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Conference/Events
Wedbush biotech analysts to hold a dinner meeting »

Biotech Analysts…

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$16.00

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BYND

Beyond Meat

$155.04

1.31 (0.85%)

, TSLA

Tesla

$246.51

3.08 (1.27%)

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BYND

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$155.04

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AMZN

Amazon.com

$1,822.21

4.21 (0.23%)

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  • 23

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SMTX

SMTC Corp.

$2.96

0.16 (5.71%)

16:40
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Earnings
SMTC Corp. guides initial FY20 revenue $390M-$410M, two estimate $421.85M »

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  • 12

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CLXT

Calyxt

$6.97

-0.2 (-2.79%)

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SMTX

SMTC Corp.

$2.96

0.16 (5.71%)

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Earnings
SMTC Corp to exit China operations, cuts FY19 revenue view to $354M-$362M »

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  • 12

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ACRGF

Acreage Holdings

$0.00

(0.00%)

16:36
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Initiation
Acreage Holdings initiated  »

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SMTX

SMTC Corp.

$2.96

0.16 (5.71%)

16:36
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Breaking Hot Stocks news story on SMTC Corp. »

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  • 12

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General news
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FSLR

First Solar

$67.09

1.32 (2.01%)

16:35
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First Solar transitions to leveraging third-party EPC services »

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HEXO

HEXO Corp

$3.94

-0.175 (-4.25%)

16:35
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16:35
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Initiation
HEXO Corp initiated  »

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  • 12

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CURLF

Curaleaf Holdings

$0.00

(0.00%)

16:34
09/19/19
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16:34
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16:34
Initiation
Curaleaf Holdings initiated  »

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  • 14

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CHNR

China Natural Resources

$2.53

0.13 (5.42%)

16:34
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Syndicate
Breaking Syndicate news story on China Natural Resources »

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KEY

KeyCorp

$18.04

-0.18 (-0.99%)

16:32
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Hot Stocks
KeyCorp CEO Beth Mooney to retire »

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  • 17

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ASA

ASA Limited

$12.56

0.25 (2.03%)

16:31
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Hot Stocks
ASA Limited reports NAV positive 59.4% for 9 months ended August 31 »

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16:30
09/19/19
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16:30
Options
Preliminary option volume of 20.3M today »

Preliminary option volume…

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