On Tuesday, Shares of MGM Resorts International (NYSE:MGM), lost -0.73% to $19.09.
MGM Resorts International, honors the memory of Kirk (Kirkor) Kerkorian, the company’s founder, who passed away last evening. On June 6, he had turned 98.
Mr. Kerkorian was a quiet but powerful force behind the transformation of the Las Vegas Strip into one of the world’s most popular tourist destinations, through the development of the International, MGM and MGM Grand. He was also a generous humanitarian who donated hundreds of millions of dollars to charities worldwide.
“MGM Resorts and our family of 62,000 employees are honoring the memory of a great man, a great business leader, a great community leader, an innovator, and one of our country’s greatest generation, said Jim Murren, Chairman & CEO of MGM Resorts International. “Mr. Kerkorian combined brilliant business insight with steadfast integrity to become one of the most reputable and influential financiers of our time,” Murren said.
MGM Resorts International, through its auxiliaries, owns and/or operates casino resorts. It operates through two segments, Wholly Owned Domestic Resorts and MGM China. The company’s casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. Its casino operations comprise slots, table games, and race and sports book wagering.
Shares of American Express Company (NYSE:AXP), inclined 0.14% to $79.36, during its last trading session.
American Express Company, will give Card Members and golf fans access at the 2015 U.S. Open at Chambers Bay Golf Course in University Place, Washington, and provide fans with interactive experiences onsite and online designed to give them an edge on the course.
“American Express once again serves unique benefits to fans during one of golf’s most anticipated and mentally-challenging events,” said Deborah Curtis, vice president, Global Sponsorships and Experiential Marketing at American Express. “Golf is a game of both competence and confidence, and we want to provide our Card Members and golf fans throughout the U.S. with a wealth of insider knowledge and useful tools to develop their own ‘mind game’ and learn what it takes to compete at a championship level.”
American Express Company, together with its auxiliaries, provides charge and credit payment card products and travel-related services to consumers and businesses worldwide. The company operates through four segments: U.S. Card Services, International Card Services, Global Commercial Services, and Global Network & Merchant Services.
Finally, Johnson Controls Inc. (NYSE:JCI), ended its last trade with 0.21% gain, and closed at $51.69.
Johnson Controls, declared it has designated Greg Guyett executive vice president, Corporate Development, effective Aug. 10. In this role, Guyett will have responsibility for maintaining and developing relationships with external financial advisory firms, leading merger and acquisition activities, and working with the businesses on growth initiatives for the multi industrial company.
Guyett will report to Bruce McDonald, executive vice president and vice chairman. “Greg is a strong-planned thinker and he will bring valuable global investment banking experience to assist guide us on our journey to become a leading multi-industrial company,” said McDonald.
Guyett most recently served as head of investment banking, Asia Pacific for J.P. Morgan. Preceding to that, Guyett served in a number of assignments with J.P. Morgan across the globe. Earlier in his career he was a senior banker advising many of the largest industrial and automotive companies on a broad range of planned issues.
Johnson Controls, Inc. operates as a diversified technology and industrial company worldwide. Its Building Efficiency segment designs, produces, markets, and installs integrated heating, ventilating, and air conditioning systems, in addition to building administration systems, controls, and security and mechanical equipment. This segment also provides technical services, energy administration consulting, and operations of real estate portfolios for the non-residential buildings market.
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