ShortNews
+ + + 3 BRANDNEW NewsTickers for your Website! + + + easy configurable in less than 1 Minute + + + GET'EM NOW! + + +

   Home | Join | Submit News | MyShortNews | HighScores | FAQ'S | Forums 1 Users Online   
   
                 09/23/2014 06:18 AM  
  ShortNews Search
search all Channels
RSS feeds
   Top News Economy
16 U.S. Food and Beverage Companies Exceed Calorie-Counting Pledge
Urban Outfitters Sells Controversial Blood-Stained Kent State University Shirt
Verizon to Launch Internet TV Which Allows You to Choose TV Channels You Want to Pay for
Etsy Bans Items Featuring Redskins Logo, Name
more News
out of this Channel...
  743 Visits   1 Assessments  Show users who Rated this:
Quality:Very Good
Back to Overview  
10/31/2007 03:56 PM ID: 66068 Permalink   

MGM Grand's Earnings Jump 18%

 

The company that is MGM Mirage owns many operations on the strip to include the Mirage and Treasure Island. According to a report, their profits had declined when Hurricane Katrina occurred.

The hotel and casino company jumped from last year having $156.3 million in profit to $183.9 million as of September 30.

MGM Mirage Chairman and Chief Executive Officer Terry Lanni stated, "It varies from property to property, but this is the direction that our company, and quite frankly, many others are moving." Their revenue jumped from $1.8 million to $1.9 million.

 
  Source: www.lvrj.com  
    WebReporter: Jon_Hall Show Calling Card      
  Recommendation:  
ASSESS this news: BLOCK this news. Reason:
   
  What's Your Opinion?
  
  I did this story  
 
because I like seeing signs that the economy is improving even if it is for small amounts of people. It is good to see that stock is recovering somewhat.
 
  by: Jon_Hall     10/31/2007 07:54 PM     
 
 
Copyright ©2014 ShortNews GmbH & Co. KG, Contact: info@shortnews.com