MGM Resorts International (NYSE:MGM) urged a Nevada federal judge on 2 February 2015, to deny class certification in a suit brought by institutional investors alleging the hotel and gaming giant misled them about the financial health of its $9 billion CityCenter development in Las Vegas, saying they don’t have enough evidence for class status. On Wednesday shares of MGM Resorts International (NYSE:MGM) closed at $20.75. Company’s sales growth for last 5 years was 6.40% and EPS growth for next 5 years is recorded as 12.50%.
Comcast Business announced that Alliance, Inc., a nonprofit organization that provides community-based services to people living with mental illness and developmental disabilities, is using Ethernet and voice services from Comcast Business to connect six locations across the Baltimore metropolitan area. On Wednesday shares of Comcast Corporation (NASDAQ:CMCSA) closed at $57.78. Company’s sales growth for last 5 years was 13.40% and EPS growth for next 5 years is recorded as 16.43%.
Retailer Urban Outfitters Inc. (NASDAQ:URBN) is under fire again for selling merchandise that the Anti-Defamation League claims is “eerily reminiscent” to the uniforms concentration camp prisoners were forced to wear by the Nazis during the Holocaust. On last trading day Urban Outfitters Inc. (NASDAQ:URBN) decreased -0.54% to close at $37.05. Its volatility for the week is 2.66% while volatility for the month is 2.85%. URBN’s sales growth for past 5 years was 11.00% and its EPS growth for past 5 years was 10.10%. Urban Outfitters Inc. (NASDAQ:URBN) monthly performance is 1.73%.
Chinese photovoltaics (PV) maker Yingli Green Energy Holding Co (NYSE:YGE) has supplied 1-MW of its panels for a solar array in the state of Sabah on Borneo island, East Malaysia. On Wednesday shares of Yingli Green Energy Holding Co. Ltd. (NYSE:YGE) closed at $2.09. Company’s sales growth for last 5 years was 12.20%.
Sony Corporation (ADR) (NYSE:SNE) has introduced a new smartphone known as Xperia E4, a low-cost Android device that comes with rounded edges. With Xperia E4, Sony is not hiding its main agenda – penetrating the emerging markets where budget phones are preferred. Of course, the launch of the new smartphone comes just when the company recently disclosed plans to become more aggressive in the Middle East and African markets. On Wednesday shares of Sony Corp (ADR) (NYSE:SNE) closed at $26.10. Company’s sales growth for last 5 years was 0.10%.