mgm resorts

Kerkorian Sells 20M Shares Of MGM Resorts

Billionaire investor Kirk Kerkorian is selling millions of shares of MGM Resorts International stock, cutting his stake in the casino operator.


(credit: CBS)

MGM Resorts 2nd-Quarter Adjusted Loss Narrows

Casino operator MGM Resorts International says its adjusted net loss was less than analyst expected as both gambling and hotel room revenue increased.


(credit: Jin Lee/AP)

Dow Closes Down 634 Points After Downgrade Of U.S. Credit Rating

NEW YORK (CBS/AP) – The U.S. stock market joined a sell-off around the world Monday in the first trading since Standard & Poor’s downgraded American debt. The Dow Jones Industrial Average closed down 634 points Monday […]


GM Posts Two-Billion Dollar Profit

General Motors posted a third quarter profit of two-billion dollars this morning.