MGM Resorts International (NYSE:MGM) continues its climb from years of massive losses. Moreover, MGM is about to increase its presence in the Chinese gaming mecca of Macau with the opening of a new casino later this year. While MGM has had to play catch up regarding a Chinese presence, the company’s move to catch up may position MGM stock for continued growth.
Despite jangled nerves over the increasing potential for a global trade war, domestic stocks are outperforming their global counterparts, suggesting the U.S. has the least to lose should the conflict escalate.
As major U.S. indexes notched losses of 1 percent or more Monday, others around the world got slammed as well. The Hang Seng in Hong Kong edged nearer to the brink of an outright bear....More>>>
Shares of Cisco Systems, Inc. (NASDAQ:CSCO) have been on an impressive rebound as of late. While Cisco stock came down with the rest of the market in both February and April, it’s been an out-performer on the way up.
Over the last ten calendar days, Cisco stock is up more than 9%, compared to the 3.6% and 5.25% respective gains for the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) and the....More>>>
Related TLT Long TLT, Restoration Weakness: Fast Money Picks For June 9 Citigroup Questions Conventional Wisdom Of Bond & Equity Relationships 3 Pain Trades That Could Derail The Stock Market (Part 2) (Seeking Alpha)
Related IEF These Bond ETFs Are On Fire Investors Are Underestimating The Likelihood....More>>>
Allegations that casino mogul Steve Wynn sexually harassed numerous employees at his Las Vegas resort may tilt the scales at the upcoming trial with his ex-wife, who claims she was booted off the company’s board for challenging his “reckless behavior."
“It’s a game changer," said Devin McRae, a litigator with Early Sullivan Wright Gizer & McRae in....More>>>
A truck hauling new Tesla Inc. (NASDAQ: TSLA) cars to customers in Norway recently was involved in an accident that resulted in two of the company’s Model S sedans to be crushed. The incident has led CEO Elon Musk to call for a slowdown in deliveries to Norwegian customers.
On a per capita basis, Norway is Tesla’s largest market. It’s very success has presented a problem....More>>>
The bull market is now well over 8 years old.Some investors have grown worried that no major policy changes have come out of Washington D.C. since President Trump took office. Other investors remain convinced that stocks are still heading higher, and there is that 5-year history that has shown how equity investors are able and willing to buy the stock market into any major sell-off — or even....More>>>
Well, it looks like Medivation (MDVN) now has five suitors after reports that Amgen (AMGN) is joining Pfizer (PFE), Sanofi (SNY), AstraZeneca (AZN) and Novartis (NVS) in considering a bid. Maxim’s Jason Kolbert and Jason McCarthy offer their thoughts:
Medivation reports tonight at 4:30pm…
We expect the focus to be on the recent proposals from Sanofi (SNY $38.75- NR); Pfizer....More>>>
Led by the largest biotech IPO since June 2015, six companies raised $827 million this past week. Biotech Denali Therapeutics raised $250 million, making it the largest biotech IPO of the year by both deal size and market cap. The week also included pricings from a cancer biotech, a medical diagnostics company, a California bank, a payday lender and a SPAC. No companies priced above the midpoint.
On May 9, wireless technology giantQualcomm(NASDAQ:QCOM) announced a new stock repurchase program for $10 billion of the company's shares. This program, the company said, replaces a previous buyback authorization that had $1.2 billion remaining (so the net increase in Qualcomm's buyback firepower
Editor's Note: Options are a great way to "insure" your portfolio against sudden price drops. With Tom's strategy, you can make markets pay for that "insurance," cutting your risk even more. Here's Tom…
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On a busy day for bank earnings, Citigroup (NYSE:C) was one of three big U.S. banks to report results, and despite an earnings beat, the report wasn't great. While the bank's efficiency was strong and loans and deposits grew, the bank missed expectations in several key areas, including trading r
Headlines about Aldeyra Therapeutics (NASDAQ:ALDX) have trended somewhat positive on Saturday, Accern Sentiment reports. Accern identifies negative and positive press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies
One is known as one of the first online brokers, and the other is famous for pioneering index funds, but they both help millions of people save for retirement with IRAs. In this article, we'll compare E*Trade's and Vanguard'sIRA accounts, based on factors like commissions, account fees, and inves