(Reuters) - U.S. stocks were little changed on Tuesday as falling retail stocks offset gains in shares of casino operators after investor Kirk Kerkorian expressed interest in buying two Las Vegas properties from MGM Mirage Inc.
Kerkorian's Tracinda Corp. also said on Monday it would explore options for its majority stake in MGM. The company said it planned to enter talks to purchase MGM's Bellagio Hotel and City Centre properties. For details see ID:nN21358342. The announcement sent shares of several hotel and casino chains higher.
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Kerkorian's Tracinda Corp. also said on Monday it would explore options for its majority stake in MGM. The company said it planned to enter talks to purchase MGM's Bellagio Hotel and City Centre properties. For details see ID:nN21358342. The announcement sent shares of several hotel and casino chains higher.
Read more at Reuters Africa
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