MGM, USO, DIS, RIG, MS – Volume Spikes at NYSE on Thursday
MGM Resorts International. (NYSE:MGM) percentage change dropped -0.32%, currently trading at $15.42 and its overall traded volume was 2.49M shares while reporting at 09:00 AM, against its average volume of 27.16M. MGM opened the day at $15.53, it made an intraday low of $15.36 and an intraday high of $15.53. The stock has a 52 week low of $8.92 and 52 week high of $16.66. MGM’s market capitalization is 7.44B and it has 482.37M outstanding shares. MGM Resorts International, formerly MGM MIRAGE, is a holding company engaged in gaming, hospitality and entertainment. The Company owns and operates casino resorts, which includes offering gaming, hotel, dining, entertainment, retail and other resort amenities. At its wholly owned resorts, the Company’s primary casino and hotel operations are owned and managed by it. Other resort amenities may be owned and operated by the Company but managed by third parties for a fee, or leased to third parties. It also operates many managed outlets, utilizing third-party management for specific expertise in areas, such as restaurants and nightclubs, as well as for branding opportunities. The Company has holdings in gaming, hospitality and entertainment, owns and operates 15 properties located in Nevada, Mississippi and Michigan, and has 50% investments in four other properties in Nevada, Illinois and Macau. In March 2009, it sold the Treasure Island casino resort (TI) in Las Vegas, Nevada.
United States Oil Fund LP (ETF) (NYSE:USO) percentage change dropped -1.38%, currently trading at $37.99 and its overall traded volume was 2.45M shares while reporting at 09:00 AM, against its average volume of 6.97M. USO opened the day at $38.31, it made an intraday low of $37.80 and an intraday high of $38.32. The stock has a 52 week low of $30.93 and 52 week high of $42.19. USO’s market capitalization is 1.80B and it has 47.50M outstanding shares. United States Oil Fund, LP (USOF) is a limited partnership. USOF is a commodity pool that issues limited partnership interests (units) traded on the NYSE Arca, Inc. (the NYSE Arca). The Company’s general partner is United States Commodity Funds LLC (the General Partner) and is responsible for the management of USOF. The investment objective of USOF is for the changes in percentage terms of its units’ net asset value (NAV) to reflect the changes in percentage terms of the spot price of light, sweet crude oil delivered to Cushing, Oklahoma, as measured by the changes in the price of the futures contract on light, sweet crude oil traded on the New York Mercantile Exchange (the NYMEX).
The Walt Disney Company (NYSE:DIS) percentage change dropped -0.75%, currently trading at $39.66 and its overall traded volume was 2.47M shares while reporting at 09:00 AM, against its average volume of 8.65M. DIS opened the day at $39.69, it made an intraday low of $39.51 and an intraday high of $39.89. The stock has a 52 week low of $28.71 and 52 week high of $40.00. DIS’s market capitalization is 75.10B and it has 1.89B outstanding shares. The Walt Disney Company, together with its subsidiaries, is a diversified worldwide entertainment company. The Company operates in five segments: Media Networks, Parks and Resorts, Studio Entertainment, Consumer Products and Interactive Media. The Company has a 51% effective ownership interest in Disneyland Paris, a 5,510-acre development located in Marne-la-Vallee, approximately 20 miles east of Paris, France. The Company manages and has a 40% equity interest in Euro Disney S.C.A. The Company holds an 18% equity interest in The Active Network, Inc. The Company owns a 47% interest in Hong Kong Disneyland Resort through Hong kong International Theme Parks Limited. On December 31, 2009, the Company completed an acquisition of Marvel Entertainment, Inc. (Marvel). On March 31, 2010, the Company acquired Retail Networks Company Limited. On August 27, 2010, the Company completed the acquisition of Playdom, Inc.
Transocean LTD (NYSE:RIG) percentage change reported gain of 0.97%, currently trading at $73.96 and its overall traded volume was 2.44M shares while reporting at 09:00 AM, against its average volume of 6.04M. RIG opened the day at $73.73, it made an intraday low of $73.51 and an intraday high of $74.69. The stock has a 52 week low of $41.88 and 52 week high of $94.88. RIG’s market capitalization is 23.59B and it has 319.02M outstanding shares. Transocean Ltd. (Transocean) is an international provider of offshore contract drilling services for oil and gas wells. As of February 2, 2010, the Company owned, had partial ownership interests in, or operated 138 mobile offshore drilling units. As of February 2, 2010, its fleet of 138 rigs consisted of 44 High-Specification Floaters (Ultra-Deepwater, Deepwater and Harsh Environment semisubmersibles and drillships), 26 Midwater Floaters, 10 High-Specification Jackups, 55 Standard Jackups and three Other Rigs. In addition, it had five Ultra-Deepwater Floaters under construction. The Company operates in two segments: contract drilling services and other operations. Contract drilling services, the Company’s primary business, involves contracting Transocean’s mobile offshore drilling fleet, related equipment and work crews primarily on a day rate basis to drill oil and gas wells. The other operations segment includes drilling management services, and oil and gas properties.
Morgan Stanley (NYSE:MS) percentage change reported gain of 0.17%, currently trading at $28.88 and its overall traded volume was 2.40M shares while reporting at 09:00 AM, against its average volume of 11.59M. MS opened the day at $28.85, it made an intraday low of $28.78 and an intraday high of $28.98. The stock has a 52 week low of $22.40 and 52 week high of $33.27. MS’s market capitalization is 43.69B and it has 1.51B outstanding shares. Morgan Stanley is a financial holding company. Through its subsidiaries and affiliates, the Company operates as a global financial services company that provides its products and services to a diversified group of clients and customers, including corporations, governments, financial institutions and individuals. It operates through three business segments: Institutional Securities, Global Wealth Management Group and Asset Management. In May 2010, Invesco Ltd. acquired the Company’s retail asset management business. During the year ended December 31, 2009, it disposed its former real estate subsidiary, Crescent Real Estate Equities Limited Partnership. On May 31, 2009, the Company and Citigroup Inc. (Citi) consummated the combination of the Company’s Global Wealth Management Group and the businesses of Citi’s Smith Barney in the United States, Quilter in the United Kingdom and Smith Barney Australia. The combined businesses operate as Morgan Stanley Smith Barney Holdings LLC.





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