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Caesars, Quintain to Build Wembley Casino
LONDON (Reuters) - U.S. casino firm Caesars Entertainment Inc. and Quintain Estates have formed a joint venture to turn the area around London's Wembley Stadium into a $600 million leisure and gambling resort. The 50-50 joint venture, Caesars' first foray into the European casino market, would include a 400-room ...Vegas Comes to Wembley with Casino Plan
By Ben Harding LONDON (Reuters) - Rundown land surrounding London's Wembley Stadium will be transformed into a glitzy $600 million gambling resort in a joint venture between U.S. group Caesars Entertainment and Britain's Quintain Estates. "Caesars Wembley" will sit 200 yards from the reborn home of English football -- the new 90,000-seater National Stadium -- and will incorporate a casino, a luxury hotel, designer shops and ballrooms, the two firms said on Tuesday. Under ...Stocks Seen Flat as Bush Rally Fades
By Michael Flaherty NEW YORK (Reuters) - U.S. stock futures trimmed losses on Thursday after weekly jobless claims data, but stocks still were seen opening flat as the rally fueled by President Bush's re-election wore off. Technology stocks were under pressure after Qualcomm Inc. (QCOM.O: Quote , Profile , Research ) shares fell 3.6 percent before the bell. The wireless technology company late on Wednesday set an ear...Wall Street Seen Mixed Ahead of CPI
By Marie Maitre PARIS (Reuters) - Wall Street is seen opening unchanged at best on Wednesday ahead of inflation figures and with oil prices still firmly above $50 a barrel. On the corporate front, technology stocks will be in focus with earnings from telecoms equipment maker Ciena (CIEN.O: Quote , Profile , Research ) , and possible comments from personal computer giant De...U.S. Stocks Seen Higher; Pixar Eyed
NEW YORK (Reuters) - U.S. stock futures pointed to a higher market open on Thursday as oil prices stayed below $55 a barrel and as investors lapped up beaten-down shares after recent declines in the market. Shares of Pixar Animation Studios Inc. (PIXR.O: Quote , Profile , Research ) stand to gain a day after its board approved a 2-for-1 split of the company's common stock. Pixar s...As Gambling Goes Mainstream, Deals Mount
By Deena Beasley LOS ANGELES (Reuters) - The planned purchase of the storied Golden Nugget casino in Las Vegas by Landry's Restaurants Inc. (LNY.N: Quote , Profile , Research ) is further evidence of how gambling has become mainstream entertainment, analysts say. Outside businesses are looking favorably on the casino industry, which is known for generally strong cash flows. "Gaming has become more acceptable as an entertainment sour...Tentative Deal in Atlantic City Strike
LOS ANGELES (Reuters) - Striking Atlantic City casino workers on Tuesday said they have reached a tentative five-year labor deal that increases pay and benefits but fails to make their contracts expire at the same time as those of workers in Las Vegas, which had been a key goal of the union. About 10,000 members of Local 54 of Unite Here will vote on the proposed contract on Wednesday. If it is approved, they could return to work on...Harrah's closes merger with rival Caesars
By Deena Beasley LOS ANGELES (Reuters) - Harrah's Entertainment Inc. (HET.N: Quote , Profile , Research ) on Monday closed its $6.8 billion purchase of rival Caesars Entertainment (CZR.N: Quote , Profile , Research ) , creating the world's largest casino operator and upping its bet on Las Vegas. Chief Executive Gary Loveman said Harrah's has its eye on long-term opportunities in overseas gaming...Stocks Seen Down; Amazon Dims Early Mood
NEW YORK (Reuters) - U.S. stock futures pointed to a lower market open on Wednesday, carrying over from Tuesday's weakness, as online retailer Amazon.com Inc. (AMZN.O: Quote , Profile , Research ) dampened the early morning sentiment after posting lower quarterly profit late Tuesday. Amazon shares slid as much as ...Kerkorian launches offer for 28 mln GM shares
WASHINGTON (Reuters) - Billionaire investor Kirk Kerkorian on Monday launched an offer to buy up to 28 million shares of General Motors Corp. common stock for $31 each. Kerkorian, who shook up the former Chrysler Corp. with a hostile takeover bid about a decade ago, had said last week that he would seek to more than double his stake in the world's largest automaker to 8.8 percent. In a tender offer filing wit...U.S. stocks seen flat; caution before Fed
NEW YORK (Reuters) - U.S. stock futures pointed to a flat to slightly lower open on Tuesday, as investors were cautious before combing through a statement by the Federal Reserve due later in the day, with the Fed expected to raise interest rates by another quarter point. Conglomerate Tyco International Ltd. (TYC.N: Quote , Profile , Research ) posted a decline in quarterly profit du...Pope's old VW sells for $244,000
Pope's old VW sells for $244,000 American places winning bid for used Volkswagen Golf that had been registered to future Pope. May 5, 2005: 4:34 PM EDT BERLIN (Reuters) - A second-hand Volkswagen Golf once owned by Pope Benedict sold for 188,938 euros ($244,800) to a U.S. buyer in frenzied online bidding, a spokeswoman for eBay in Germany said on Thursday. A bidder registered as "Golden Palace Casino" but known to eBay got the grey metallic 1999 V...Stocks Seen Higher at Open; Amex on Tap
By Michael Flaherty NEW YORK (Reuters) - U.S. stock futures pointed to a higher market open on Monday, bouncing back from fresh 2005 lows hit on Friday, as investors buy up beaten down shares and expect strong earnings American Express Co. (AXP.N: Quote , Profile , Research ) . Station Casinos Inc. (STN.N: Quote , Profile , Research ) , a Las Vegas casino operator, posted a fourth-quarter profit, reversing a year-earlier loss, while Pilgrim's Pride Corp....Britney Spears' pregnancy test sells
Britney Spears' pregnancy test sells Oops...a Canadian radio station has sold her alleged pregnancy test to GoldenPalace.com for $5,001. May 12, 2005: 6:56 AM EDT NEW YORK (CNN/Money) - The Internet casino noted for its unusual eBay purchases acquired Britney Spears' alleged pregnancy test for $5,001, according to a statement Thursday. An Ottawa music station, Hot 89.9, secured the pregnancy test through a connection it has in the Los Angeles hotel where Britney and her husband Kevin F...Wall St. Expected to Open Slightly Lower
LONDON (Reuters) - Wall Street was expected to open slightly lower on Friday but United Technologies Corp. (UTX.N: Quote , Profile , Research ) may climb after its chief executive gave an upbeat outlook. Key economic data may also affect stocks. Producer prices and the University of Michigan consumer sentiment index are both scheduled for release. "Today is all about PPI and Michigan Consumer Confidence...(there is) nothing much in the way of corporate results to ru...Sitemap HTML || Sitemap XML