MGM

On CNBC's Mad Money Lightning Round OT, Jim Cramer said that he is a buyer of Cypress Semiconductor Corporation (NASDAQ: CY). Cypress (CY) is going to post earnings tomorrow, but Cramer doesn't care much about that, because he sees CY as a great long term story. Cramer liked NVIDIA Corporation (...

The demand for content is growing worldwide but the entertainment industry should consider new economic models and accommodate new business partners to deliver content to consumers in a changing marketplace, Lionsgate (NYSE: LGF) Co-Chairman and Chief Executive Officer Jon Feltheimer told...

Hudson Securities reports on Las Vegas weekly room rates, saying "[Our] current three-week room rate survey — which covers the week-ending October 16, 2010 shows strong increases in weekday asking rates and decreases in weekend asking rates. Overall asking rates were +8% with weekday rates +26% and...

Room rates on the Las Vegas strip have increased, in some cases even by double digits as witnessed by monitoring and comparing rates from September '09 to September '10, Hudson Securities reports. The Aria has seen rates rebound, with a 17% increase in September alone. On 9/18, rooms were selling...

Yesterday Carl Icahn offered a lower bid on Lions Gate Entertainment Corp. (NYSE: LGF) which could possibly see more involvement with MGM, due to its close relationship with JP Morgan (its lead bank). JP Morgan possesses intimate knowledge of MGM from the Kirk Kerkorian days, and the partnership...

Although Metro-Goldwyn-Mayer has received takeover bids from several investors, the company may have to arrange a "prepackaged" bankruptcy in order to appease its creditors. MGM is currently owned by a group of investors including Sony (NYSE: SNE), Comcast and Providence Equity Partners. The film...