When reality overtakes ambition in the casino business, it's time to seek more investors. MGM ) is now considering taking on partners or some alternate source of financing. Old friends, new partners On Tuesday, its largest shareholder, Kirk KerkorianKirk Kerkorian, said his Tracinda Corp.
News Source: Las Vegas Review-Journal / Sun
| about 1 month ago
This decision and related market conditions led to the conclusion that the carrying value of the residential inventory is not recoverable," MGM Mirage said in a statement. MGM Mirage said CityCenter was required to have unnamed third parties review...
Kerkorian, 92, MGM Mirage's majority stockholder until this year, said through his investment firm Tracinda Corp. that he is "exploring the possibility of strategic partnerships or other alternatives" for his stake in the Las Vegas-based casino...
When reality overtakes ambition in the casino business, it's time to seek more investors. MGM ) is now considering taking on partners or some alternate source of financing. Old friends, new partners On Tuesday, its largest shareholder, Kirk Kerkorian,...
The parent of United Airlines reported a money-losing quarter on Tuesday that doesn't look so bad for an airline. UAL Corp. lost $57 million and revenue fell 20.3 percent to $4.43 billion. But the loss was smaller than analysts expected, and the...
Billionaire investor Kirk Kerkorian is considering cutting his stake in MGM Mirage, the big hotel and casino operator whose earnings are being hammered by the severe downturn in the real estate market.
Billionaire investor Kirk Kerkorian is considering cutting his stake in MGM Mirage, the big hotel and casino operator whose earnings are being hammered by the severe downturn in the real estate market. ...
Billionaire investor Kirk Kerkorian said Tuesday he is considering cutting his stake in MGM Mirage, whose earnings are being hammered in real estate downtu...
Kerkorian may cut holdings: The Bev Hills billion might reduce his stake in MGM Mirage, the big hotel and casino operator whose earnings are being hammered by the real estate downturn. No deal is expected until the company's CityCenter ...
MGM Mirage shares are off 3c to $11.70 saw notable trade in the December $13 calls as someone sold 6400 at the 95c asking price. Data suggests this is an opening sale. Premium seller also emerged in Las Vegas Sands (LVS) but on the put ...
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