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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, design... : Vegas Comes to Wembley with Casino Plan
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 luxury hotel, conference ... : Caesars, Quintain to Build Wembley Casino
Kerkorian to bid for big stake in GM
DETROIT (Reuters) - Billionaire Kirk Kerkorian's investment company on Wednesday offered to buy a large minority stake in General Motors Corp. (GM.N: Quote , Profile , Research ) at a premium to the struggling automaker's depressed stock price. The announcement from Tracinda Corp., which said it would spend up to $868 million to buy as many as 28 million GM shares, boosted GM's stock more than 9 pe... : Kerkorian to bid for big stake in GM
Faulty towers?
Faulty towers? Nope. Companies that lease antenna space to wireless carriers might be the best bets in telecom. March 8, 2005: 12:15 PM EST By Paul R. La Monica, CNN/Money senior writer NEW YORK (CNN/Money) – Investors often can profit handsomely from a misunderstanding on Wall Street. Take what happened at the begi... : Faulty towers?
Kerkorian bids for stake in embattled GM
DETROIT (Reuters) - Financier Kirk Kerkorian made a bold bet on General Motors Corp. (GM.N: Quote , Profile , Research ) on Wednesday, offering to more than double his stake to 8.8 percent in a move that raised investor confidence in America's industrial backbone and drove U.S. stocks broadly higher. The unexpected announcement by Kerkorian's Tr... : Kerkorian bids for stake in embattled GM
In jail, Martha became a billionaire
Martha debuts on Forbes billionaire list Bill Gates, Warren Buffett remain on top. Oprah, Donald Trump also make the super-rich list. March 11, 2005: 5:32 PM EST NEW YORK (CNN/Money) - The new Martha Stewart is richer than ever, according to Forbes. After getting out of prison last week, the homemaking maven has landed herself a spot on the magazine's annual billionaire list for the first time. According to the issue, due for... : In jail, Martha became a billionaire
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... : Pope's old VW sells for $244,000
Woman fired for not wearing lipstick
Woman fired for not wearing lipstick A court will hear the discrimination lawsuit of an employee who says lack of makeup cost her a job. May 17, 2005: 11:19 AM EDT SAN FRANCISCO (Reuters) - A federal appeals court agreed on Friday to reconsider the case of a bartender who was fired from her job at a Nevada casino for refusing to wear lipstick, blush and other make-up. Allegi... : Woman fired for not wearing lipstick
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 source similar to going to th... : As Gambling Goes Mainstream, Deals Mount
Ahold, Ex-Execs Settle with Regulators
WASHINGTON (Reuters) - Ahold NV (AHLN.AS: Quote , Profile , Research ) , the Dutch grocery operator, and three former top executives have agreed to settle U.S. securities fraud charges related to massive overbooking of profits, the company and U.S. regulators said on Wednesday. The U.S. Securities and Exchange Commission de... : Ahold, Ex-Execs Settle with Regulators
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 5 percent after the closing bell, as its lower profit came after racking up... : Stocks Seen Down; Amazon Dims Early Mood
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&... : Stocks Seen Higher at Open; Amex on Tap
Stocks Seen Flat to Slightly Off at Open
NEW YORK (Reuters) - Stock futures pointed to a flat to slightly lower open on Wednesday, with investors bracing for a key inflation figure and with oil prices still firmly above $50 a barrel. Merger activity may give markets a shot in the arm, as Medco Health Solutions Inc. (MHS.N: Quote , Profile , Research ) said it would buy specialty pharmacy services provider Accredo Health Inc. (ACDO.O: Quote , Profile , Research ) for about $2.2 bil... : Stocks Seen Flat to Slightly Off at Open
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 Thursda... : Britney Spears' pregnancy test sells
Breast implant sold for $16,766
Breast implant fetches $16,766 Casino adds stripper's huge silicone implant to 'collection' including Virgin Mary grilled cheese. March 7, 2005: 2:28 PM EST MIAMI (Reuters) - A former stripper once accused of battering a customer with her enormous breasts sold one of her silicone implants... : Breast implant sold for $16,766
Las Vegas Sands Looks for a Jackpot
By Kavitha Shastry NEW YORK (Reuters) - Rolling the dice at a craps table or wagering a paycheck playing poker may not be the most rational use of money, but one casino operator is hoping investors will find its stock a better bet. The highly anticipated initial public offering from Las Vegas Sands Corp. (LVS.N: Quote , Profile , Research ) is expected to price on Tuesday an... : Las Vegas Sands Looks for a Jackpot
The great investment guru poker showdown
The great investment guru poker showdown Four money managers, two pro gamblers, a table in Vegas and a challenge to the laws of investing. April 29, 2005: 12:07 PM EDT By Stephen Gandel, MONEY Magazine NEW YORK (MONEY Magazine) - Until Bill Miller did it, nobody ever called 76-year-old Walter Clyde "Puggy" Pearson a giant of the investing world. Pearson's formal education stopped in fifth grade. He's a professional gambler. And his only run-in with the market ... : The great investment guru poker showdown
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 with the U.S. Securit... : Kerkorian launches offer for 28 mln GM shares
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, but near-term growth will likely come from its hometown of Las Vegas... : Harrah's closes merger with rival Caesars
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 ... : Tentative Deal in Atlantic City Strike
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 due to cha... : U.S. stocks seen flat; caution before Fed
Summer concerts: croak to croon?
Summer concerts: From croak to croon? After a lousy 2004, concert promoters have reason to think this year will be different. April 7, 2005: 3:22 PM EDT By Krysten Crawford, CNN/Money staff writer NEW YORK (CNN/Money) - After striking a low note last year, the concert business is poised to sing. For the live-music industry, "last year was th... : Summer concerts: croak to croon?
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 p... : Stocks Seen Flat as Bush Rally Fades
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 comm... : Wall Street Seen Mixed Ahead of CPI best casino site
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