MGM Resorts Requests Licensing Review and 3 Hot Stocks Garnering Investor Attention
Dish Network Corp’s (NASDAQ:DISH): Current Price $37.18
A jury trial for Dish Network Corp’s (NASDAQ:DISH) lawsuit, an action seeking $150 million from Walt Disney (NYSE:DIS)-owned ESPN for breach of contract, will begin today. Dish has charged that ESPN offered rivals such as Comcast Corp (NASDAQ:CMCSA) superior licensing terms in breach of the most-favored-nation clause.
MGM Resorts International (NYSE:MGM): Current Price $13.39
MGM Resorts International (NYSE:MGM) has applied to the New Jersey Casino Control Commission requesting a review process whereby it could return to the New Jersey market as a fully qualified casino licencee. In its application MGM said, “MGM Resorts International is, and always has been, committed to the highest standards of operation and regulatory compliance. If our petition is successful we would welcome the opportunity to once again be an active, contributing member of the New Jersey gaming marketplace through our 50% ownership of Borgata. Our company is appreciative of the NJDGE’s willingness to consider our application.”
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Diamond Foods Inc (NASDAQ:DMND): Current Price $16.04
JAKKS Pacific Inc (NASDAQ:JAKK): Current Price $13.09
US toymaker JAKKS Pacific Inc (NASDAQ:JAKK) inks a deal with Lucasfilm (NYSE:DIS) to create and bring to market a 31 inch Darth Vader figure made famous by the Star Wars franchise. Apart from this iconic character, the deal also includes additional products such as flashlights, play games and arcade games. Said John Blaney, Executive Vice President, Marketing, JAKKS Pacific, Inc., “We will apply our extensive expertise in the development and marketing of large scale and collectible figures based on blockbuster action entertainment to create these larger than life figures that Star Wars fans of all ages will be excited about.”
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