MGM Mirage (MGM)

MGM Mirage said it has a third-quarter net loss of 750.4 million, or $1.70 a share, compared with a profit of $61.3 million, or 22 cents, a year earlier. The loss included a write-down of its CityCenter development, which is set to open in December. Revenue fell 13% to $1.71 billion from $1.95 billion last year.
The revenue number did beat analysts' forecasts.

Nov 5 · 10:53:00 AM · Source: Company News
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by Larry Etter