On Friday, Shares of General Electric Company (NYSE:GE), gained 0.74% to $27.24.
General Electric Company, has posted its 2015 second-quarter financial results on its investor relations website at www.ge.com/investor. The investor website will also host a webcast for investors at 8:30 a.m. ET with Chairman and CEO Jeff Immelt and CFO Jeff Bornstein.
General Electric Company (GE) operates as an infrastructure and financial services company worldwide. The company’s Power and Water segment offers gas, steam and aeroderivative turbines, nuclear reactors, generators, combined cycle systems, controls, and related services; wind turbines; and water treatment services and equipment.
Shares of MGM Resorts International (NYSE:MGM), declined -1.28% to $18.45, during its last trading session.
MGM Resorts International, declared plans for an about 5,000-seat theater at Monte Carlo Resort and Casino. The new concert venue will amplify the vibrant entertainment district taking shape on the west side of the Las Vegas Strip with a robust calendar featuring special engagements by many of the music industry’s most-celebrated performers.
With more than 7 million entertainment tickets sold in 2014 alone, MGM Resorts’ offerings are unrivaled. The Company owns and operates two arenas; two Las Vegas Strip festival lots (62 acres); seven theaters housing Cirque du Soleil production shows; 14 theaters for concerts, headliners and comedy performances; and more than two dozen lounges and nightclubs. Additionally, it is presently developing a new world-class Las Vegas arena in addition to integrated resort projects in Macau and National Harbor, Maryland, each of which will feature entertainment venues as central amenities.
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.
Finally, The Blackstone Group L.P. (NYSE:BX), ended its last trade with -0.86% loss, and closed at $41.60.
Zeta Interactive (Zeta), a big data and analytics company, which assists brands acquire, grow and retain customers, declared that it has closed a $125 million round of financing from FS Investment Corporation (FSIC), FS Investment Corporation II (FSIC II) and FS Investment Corporation III (FSIC III), business development companies (BDCs) advised by associates of Franklin Square Capital Partners (Franklin Square) and sub-advised by an associate of GSO Capital Partners LP (GSO), the credit platform of Blackstone (BX). Under the terms of the investment, these BDCs will provide up to $125 million in a mix of debt and equity.
Zeta will use the financing to enhance and expand its Gartner Magic-Quadrant-rated platform; grow its market penetration in the US and UK markets; and accelerate the company’s planned acquisition strategy. Zeta has been an active acquirer in the Data, Analytics and SaaS-based technology sectors. In the past two years, the company has attained the marketing automation platform pioneer, ClickSquared, and the Actions division of Adchemy Inc., together with its patented machine learning platform.
The Blackstone Group L.P. is a publicly owned investment manager. The firm also provides financial advisory services to its clients. It provides its services to public and corporate pension funds, academic, cultural, and charitable organizations.
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