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BUSINESS BRIEFS.(TO THE POINT)
GAMING
Wynn Las Vegas starts strong
Wynn Resorts said that revenue for its $2.7 bil resort has beat expectations, but stressed that it'll be several months before "operating efficiencies will emerge." The casino took in $63.4 mil in net gaming revenue, with $20.2 mil from slots and $42.7 mil from table games, while its gross non-gaming revenue was $76.6 mil. The average daily room rate was $308, and the hotel averaged 91% occupancy. Shares rose 7% to 53.40.
TRANSPORTATION
U.S.-EU seen settling aircraft suit
Despite trading increasingly harsh rhetoric, the two sides are expected to negotiate a deal to curb subsidies for aircraft makers rather than risk losing an WTO ruling. The U.S. and EU just reactivated WTO lawsuits, with the U.S. claiming EU unfairly subsidizes Airbus and Europeans countering the U.S. aids Boeing. "A clear loss for either side (at the WTO) would be a political nightmare," said trade scholar Lael Brainard of the Brookings Institution. "Everybody's in favor ...
- It's time for a big payout: TW settlements total $510 mil.(Time Warner Inc.)
- Magazine article from: Daily Variety Goldsmith, Jill December 16, 2004 700+ words
...fulfilling our obligations to the government." Time Warner shares rose early in the day, dipped slightly in late trading and closed...General James Comey at a Justice Dept. news conference. $300 mil penalty pending In a separate settlement proposed with the...
- 1.29 mil. love Netflix.(Vidbits)(Brief Article)
- Magazine article from: Video Business Netherby, Jennifer October 6, 2003 700+ words
...subscribers by the close of its third quarter, a 74% increase from the previous year. That beat previous estimates, and Netflix shares rose almost 19% on Oct. 2 to reach a new high of $40.97. The company said 96% of its subscribers were paid, while the rest...
- Jonesing for Netco: WSJ owner pays $519 mil for MarketWatch.
- Magazine article from: Daily Variety Fritz, Ben November 16, 2004 700+ words
...Combined, the Dow Jones/WSJ network will be the third-largest financial news resource on the Web after Yahoo and MSN's finance sections. MarketWatch stock closed up 8% at $18.12, while Dow Jones shares rose slightly to $45.10.
- 205 Minors Hold 6.42 Mil. Shares.
- Newspaper article from: Korea Times (Seoul, Korea) February 8, 2001 700+ words
...at the end of last month, up 10.7 percent from 5.796 million shares last September, while the capitalization of those shares rose by 3.7 percent to 38.8 billion won from 37.4 billion won during the same period. An analyst said, ``A rise of shares...
- SHARES rose around the globe yesterday as investors reacted to what analysts...
- Newspaper article from: Irish Independent (Dublin, Republic of Ireland) May 28, 2009 700+ words
Improved economic outlook gives global markets a lift IL&P steals a march on rivals with Ulster Bank deal SHARES rose around the globe yesterday as investors reacted to what analysts described as an improvement in global economic trends...
- Chinese shares rose 1.6 pct in morning session on Monday
- News wire article from: Xinhua News Agency September 7, 2009 700+ words
Chinese shares rose 1.6 pct in morning session on Monday BEIJING, Sept. 7 (Xinhua) -- Chinese shares went up 1.6 percent in the morning session...
- ITV shares rose as high [...]; Business IN BRIEF.(Business)
- Newspaper article from: Daily Record (Glasgow, Scotland) October 14, 2009 700+ words
ITV shares rose as high as eight per cent yesterday after betterthan-expected advertising figures. The group, boosted by the return of hit...
- TelewesT'S shares rose slightly last week.
- Newspaper article from: Sunday Business (London, England) August 20, 2000 700+ words
TelewesT'S shares rose slightly last week. It has been a target for so long that if an approach is finally made it will probably come as a relief. At...
