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« MGM-Mirage’s CityCenter: A Civic FailureMGM Mirage - CityCenter - The Great Boondoggle »

Leaving Las Vegas in 2010 - Do not expect MGM Mirage's luck to change soon.

02/23/10

Permalink 01:26:23 pm, by Bud Email , 319 words   English (US)
Categories: Las Vegas

Leaving Las Vegas in 2010 - Do not expect MGM Mirage's luck to change soon.

The stock was down almost 5% again today...when will it ever end?

Will MGM Mirage File for Bankruptcy in 2010?

Is a Chapter 11 filing pending? The casino operator announced last Thursday that it had narrowed its loss in the fourth quarter, but the loss for MGM was still greater than Wall Street's expectations.

http://www.thestreet.com/story/10685200/1/will-mgm-mirage-file-for-bankruptcy-in-2010.html

MGM Mirage - The Las Vegas Strip's largest casino owner posted a wider than expected fourth-quarter loss of $0.25 per share, which underwhelmed analysts anticipating an average loss of just $0.14 a share.

http://www.forbes.com/2010/02/18/priceline-las-vegas-markets-casinos-gambling.html?boxes=Homepagechannels

Goldman Sachs squimish on MGM Mirage, lowers EPS estimates and target price for the casino operator following the news of another disappointing quarter. Room rates remain under "intense pressure."

http://www.streetinsider.com/Analyst+Comments/Goldman+Cuts+Price+Target+on+MGM+to+$14.50+Following+Q4+Results%3B+Maintains+Buy/5366231.html

http://www.casinogamingstock.net/news/goldman-sachs-lowers-eps-estimates-on-mgm-for-fy10-902120

Where is Jim Murren and their Human Resources department when you need them?

Other Recent MGM Mirage Posts

MGM Mirage - CityCenter - The Great Boondoggle
http://tobuds.com/blogs/blog2.php/2010/02/10/mgm-mirage-citycenter-the-great-boondogg

MGM MIRAGE (NYSE: MGM) - Living on a Prayer in 2010 (Despite "Upgrade")
http://tobuds.com/blogs/blog2.php/2010/01/13/mgm-mirage-nyse-mgm-living-on-a-prayer-i

Casinos Won't Recover - What it Means for MGM Mirage
http://tobuds.com/blogs/blog2.php/2010/01/11/casinos-won-t-recover-what-it-means-for

MGM Mirage on Life Support - 2010 Not a Happy New Year
http://tobuds.com/blogs/blog2.php/2010/01/07/mgm-mirage-on-life-support-2010-not-a-ha

MGM Mirage - City Center is Doomed in 2010 to Cannibalism
http://tobuds.com/blogs/blog2.php/2009/12/31/mgm-mirage-city-center-is-doomed-to-cann

James "Jimmy" Murren - CEO MGM Mirage, Has A Magic Dream
http://tobuds.com/blogs/blog2.php/2009/12/29/james-jimmy-murren-ceo-mgm-mirage-has-a

MGM's Kirk Kerkorian's CEO (Jim Murren) - A Con Artist?
http://tobuds.com/blogs/blog2.php/2009/12/21/james-j-murren-chairman-of-the-board-and

MGM's Mister Kerkorian is a Very Wise Man
http://tobuds.com/blogs/blog2.php/2009/12/21/mgm-s-mister-kerkorian-is-a-very-wise-ma

Also see > CityCenter, Infinity World Development, MGM Mirage, Tracinda, Kerkorian

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