U.S. Stocks Are Little Changed; MGM, Hoteliers Gain as Staples Declines

(Bloomberg) -- Speculation of acquisitions in the
casino industry boosted hotel stocks, while lower-than-expected
results from retailers left the U.S. stock market little changed.

MGM Mirage surged the most since 1989 after billionaire Kirk
Kerkorian said he wants to buy the Bellagio Hotel & Casino from
the world's second-largest casino company. Retailers declined for
a second day after Staples Inc. tempered its earnings forecast
and AutoZone Inc. reported sales missed analysts' estimates.


Read more at Bloomberg Stocks News