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5 Stocks to Sell for 2011

Fri, 12/24/2010 - 11:39 by Anand Chokkavelu

It's almost time to sell! December is normally the month famous for its tax selling -- i.e., selling stocks that have fallen in value to get tax deductions.

MGM files for Chapter 11

Thu, 11/04/2010 - 12:27 by harsheeb

Los Angeles -- Metro-Goldwyn-Mayer says it and about 160 of its affiliates have filed Chapter 11 cases in U.S. Bankruptcy Court in New York.

Wednesday's move is part of the financially strapped film studio's reorganization plan.

MGM Might Be Cheaper Than You Think

Wed, 09/08/2010 - 07:09 by Ilan Moscovitz

Here's why MGM (NYSE: MGM) might be cheaper than you think.

Release of 007 flick delayed indefinitely

Wed, 04/21/2010 - 09:01 by harsheeb

London -- England's Eon Productions says it has suspended development on the next James Bond film, previously scheduled for release in 2011-12.

Producers Michael G. Wilson and Barbara Broccoli made the announcement Tuesday.
"Due to the continuing uncertainty surrounding the future of MGM and the failure to close a sale of the studio, we have suspended development on 'Bond 23' indefinitely. We do not know when development will resume and do not have a date for the release of 'Bond 23,'" Wilson and Broccoli said in joint statement.

Eon Productions has produced 22 James Bond films since 1962, including the most recent movies "Casino Royale" and "Quantum of Solace," both of which starred Daniel Craig as British secret agent 007.

Jamie Jungers not apologetic to Tigers’ wife

Sat, 12/12/2009 - 13:20 by Ishita Sood

New York, December 12 -- Tiger Woods’ alleged mistress Jamie Jungers admitted that she still loved the No. 1 golfer, saying that their relationship was that of a “boyfriend-girlfriend".

MGM Mirage puts casino up for sale

Mon, 03/16/2009 - 16:57 by Jamie Anderson

Las Vegas, March 16: MGM Mirage’s (NYSE: MGM) ambitious CityCenter project has run into rough weather as the economic downturn has softened the demand for hotel rooms. The Las Vegas-based casino company is, in fact, struggling to retire its debt as gambling activity is also shrinking.