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Caesars, Quintain to Build Wembley Casino

LONDON (Reuters) - U.S. casino firm Caesars Entertainment Inc. and Quintain Estates have formed a joint venture to turn the area around London's Wembley Stadium into a $600 million leisure and gambling resort. The 50-50 joint venture, Caesars' first foray into the European casino market, would include a 400-room luxury hotel, conference facilities, a casino, shops, restaurants and bars, Britain's Quintain Estates & Development Plc said Tuesday....

Vegas Comes to Wembley with Casino Plan

By Ben Harding LONDON (Reuters) - Rundown land surrounding London's Wembley Stadium will be transformed into a glitzy $600 million gambling resort in a joint venture between U.S. group Caesars Entertainment and Britain's Quintain Estates. "Caesars Wembley" will sit 200 yards from the reborn home of English football -- the new 90,000-seater National Stadium -- and w...

Summer concerts: croak to croon?

Summer concerts: From croak to croon? After a lousy 2004, concert promoters have reason to think this year will be different. April 7, 2005: 3:22 PM EDT By Krysten Crawford, CNN/Money staff writer NEW YORK (CNN/Money) - After striking a low note last year, the concert business is poised to sing. For the live-music industry, "last year was the perfect storm of things that could go wrong," said Ray Waddell,...

Ahold, Ex-Execs Settle with Regulators

WASHINGTON (Reuters) - Ahold NV (AHLN.AS: Quote , Profile , Research ) , the Dutch grocery operator, and three former top executives have agreed to settle U.S. securities fraud charges related to massive overbooking of profits, the company and U.S. regulators said on Wednesday. The U.S. Securities and Exchange Commission declined to fine Ahold, saying the company cooperated fully with its investigation and has taken extensive remedial action, said Larry Byrne, a partner with White & C...

Las Vegas Sands Looks for a Jackpot

By Kavitha Shastry NEW YORK (Reuters) - Rolling the dice at a craps table or wagering a paycheck playing poker may not be the most rational use of money, but one casino operator is hoping investors will find its stock a better bet. The highly anticipated initial public offering from Las Vegas Sands Corp. (LVS.N: Quote , Profile , Research ) is expected to price on Tuesday and could benefit from rec...

Woman fired for not wearing lipstick

Woman fired for not wearing lipstick A court will hear the discrimination lawsuit of an employee who says lack of makeup cost her a job. May 17, 2005: 11:19 AM EDT SAN FRANCISCO (Reuters) - A federal appeals court agreed on Friday to reconsider the case of a bartender who was fired from her job at a Nevada casino for refusing to wear lipstick, blush and other make-up. Alleging sex discrimination, Darlene Jespersen sued her employ...

Breast implant sold for $16,766

Breast implant fetches $16,766 Casino adds stripper's huge silicone implant to 'collection' including Virgin Mary grilled cheese. March 7, 2005: 2:28 PM EST MIAMI (Reuters) - A former stripper once accused of battering a customer with her enormous breasts sold one of her silicone implants on ...

U.S. Stocks Seen Higher; Pixar Eyed

NEW YORK (Reuters) - U.S. stock futures pointed to a higher market open on Thursday as oil prices stayed below $55 a barrel and as investors lapped up beaten-down shares after recent declines in the market. Shares of Pixar Animation Studios Inc. (PIXR.O: Quote , Profile , Research ) stand to gain a day after its board approved a 2-for-1 split ...

Kerkorian to bid for big stake in GM

DETROIT (Reuters) - Billionaire Kirk Kerkorian's investment company on Wednesday offered to buy a large minority stake in General Motors Corp. (GM.N: Quote , Profile , Research ) at a premium to the struggling automaker's depressed stock price. The announcement from Tracinda Corp., which said it would spend up to $868 million to buy as many as 28 million GM shares, boosted GM's stock more than 9 percent and helped turn the broader market ...

Stocks Seen Flat as Bush Rally Fades

By Michael Flaherty NEW YORK (Reuters) - U.S. stock futures trimmed losses on Thursday after weekly jobless claims data, but stocks still were seen opening flat as the rally fueled by President Bush's re-election wore off. Technology stocks were under pressure after Qualcomm Inc. (QCOM.O: Quote , Profile , Research ) shares fell 3.6 percent before the bell. The wireless technology company late on Wed...

Stocks Seen Lower, Weighed by TI Outlook

NEW YORK (Reuters) - U.S. stock futures pointed to a slightly lower open on Tuesday with technology stocks set to face pressure after Texas Instruments Inc. (TXN.N: Quote , Profile , Research ) trimmed its quarterly earnings target. The update on Monday from Texas Instruments, the world's largest maker of chips for cell phones, dampened some investors' mood after the regular session. Its shares slid more than 3 percent in overseas trading. ...

Wall Street Seen Mixed Ahead of CPI

By Marie Maitre PARIS (Reuters) - Wall Street is seen opening unchanged at best on Wednesday ahead of inflation figures and with oil prices still firmly above $50 a barrel. On the corporate front, technology stocks will be in focus with earnings from telecoms equipment maker Ciena (CIEN.O: Quote , Profile , Research ) , and possible comments from personal computer giant Dell (DELL.O: Quote , Profile , Research ) , Internet equipment maker Cisco (CSCO.O: Quote , Pro...

Kerkorian launches offer for 28 mln GM shares

WASHINGTON (Reuters) - Billionaire investor Kirk Kerkorian on Monday launched an offer to buy up to 28 million shares of General Motors Corp. common stock for $31 each. Kerkorian, who shook up the former Chrysler Corp. with a hostile takeover bid about a decade ago, had said last week that he would seek to more than double his ...

Wall St. Expected to Open Slightly Lower

LONDON (Reuters) - Wall Street was expected to open slightly lower on Friday but United Technologies Corp. (UTX.N: Quote , Profile , Research ) may climb after its chief executive gave an upbeat outlook. Key economic data may also affect stocks. Producer prices and the University of Michigan consumer sentiment i...

Faulty towers?

Faulty towers? Nope. Companies that lease antenna space to wireless carriers might be the best bets in telecom. March 8, 2005: 12:15 PM EST By Paul R. La Monica, CNN/Money senior writer NEW YORK (CNN/Money) – Investors often can profit handsomely from a misunderstanding on Wall Street. Take what happened at the beginning of last year to four stocks: American Tower (Research), Crown Castle International (Research), SpectraSite (Research) and SBA C...  
 
 
 
 
 
 
 
 
 
 
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