SAN ANTONIO — Tesoro Corp. said Friday it canceled a shareholder rights provision that the refiner adopted last year to block a hostile takeover by billionaire Kirk Kerkorian's Tracinda Corp. ... The rights plan, also known as a "poison pill," had been scheduled to...
NEW YORK — The investment arm of Kirk Kerkorian holds a 52.2 percent stake in MGM Mirage after the billionaire donated more than $300 million worth of the casino operator's stock, according to a Securities and Exchange Commission filing on Wednesday.
MGM Mirage, through its subsidiaries, engages in the ownership and operation of casino resorts in the United States. The company operates casino resorts under the names of Las Vegas Strip, Bellagio, MGM Grand Las Vegas, Mandalay Bay, The Mirage, Luxor, Treasure Island,...
Following is a summary of top stories in the energy sector Tuesday afternoon. Crude Settles Above $100 Oil futures closed above $100 for the first time as investors bet that crude prices will keep climbing despite evidence of plentiful supplies and falling demand.
LAS VEGAS — Casino giant MGM Mirage Inc. reported soaring fourth-quarter profits Thursday, including a hefty gain related to a foreign investment in its CityCenter project under construction on the Las Vegas Strip. ... The company, which owns several Las Vegas Strip...
DENVER, Feb. 20 /PRNewswire-FirstCall/ -- Delta Petroleum Corporation (Nasdaq: DPTR), an independent oil and gas company ("Delta" or the "Company"), today announced the close of the previously approved strategic investment by the Tracinda Corporation ("Tracinda"). As...
Following is a summary of top stories in the energy sector Tuesday afternoon. Crude Settles Above $100 Oil futures closed above $100 for the first time as investors bet that crude prices will keep climbing despite evidence of plentiful supplies and falling demand.