(Bloomberg) -- U.S. stocks rose for a third day on
speculation casino operators will be acquired after billionaire
Kirk Kerkorian said he wants to buy the Bellagio Hotel & Casino
from MGM Mirage.
Shares of MGM Mirage surged the most since 1989 after
Kerkorian, the majority owner of the company, also said he'll
consider ``alternatives'' for his investment. Homebuilders in
Standard & Poor's indexes rallied as Treasury Secretary Henry
Paulson said the slump in demand was ``largely'' over.
Read more at Bloomberg Stocks News
speculation casino operators will be acquired after billionaire
Kirk Kerkorian said he wants to buy the Bellagio Hotel & Casino
from MGM Mirage.
Shares of MGM Mirage surged the most since 1989 after
Kerkorian, the majority owner of the company, also said he'll
consider ``alternatives'' for his investment. Homebuilders in
Standard & Poor's indexes rallied as Treasury Secretary Henry
Paulson said the slump in demand was ``largely'' over.
Read more at Bloomberg Stocks News
No comments:
Post a Comment