Aeropostale, Inc (NYSE:ARO) shares closed at $14.55, MGM Resorts International (NYSE:MGM)

Posted by Steve Raasch May 29, 2013 0 Comment 1046 views


Aeropostale, Inc (NYSE:ARO): Tuesday’s trading session saw Aeropostale, Inc (NYSE:ARO) dipped 1.08%. The opening price of $14.90 climbed to an intraday high of $15.03 before settling down to close at $14.55 per share. Around 2.15 million shares were traded in the last trading session, which stood below the average volume of 2.53 million that was measured over 30 days.

ARO is a specialized, mall-based retailer of casual apparel and accessories. Aeropostale, Inc (NYSE:ARO) primarily target group are 14-17 year-old boys and girls. It conducts this business via its Aeropostale stores. The 4-12 year-old kids’ niche is targeted via the P.S. from Aeropostale stores. All P.S. from Aeropostale products can are available at select Aeropostale stores, P.S. from Aeropostale and also online via www.ps4u.com. As of January 28 2012, Aeropostale, Inc (NYSE:ARO) operated 986 Aeropostale stores.

These included 918 stores in 50 states and also in Puerto Rico, 68 stores are located in Canada and 71 P.S. from Aeropostale stores are located in 20 states. Apart from this, it operated Aeropostale stores and 14, P.S. from Aeropostale in South East Asia and in the Middle East.

MGM Resorts International (NYSE:MGM): Tuesday’s trading session saw MGM Resorts International (NYSE:MGM) rising by 2.28%. The opening price of $15.25 climbed to an intraday high of $15.49 before settling down to close at $15.23 per share. Around 8.61 million shares were traded in the last trading session, which stood below the average volume of 11.56 million that was measured over 30 days.

MGM is a hospitality holding company. Its main business is the ownership and operation of casino resorts. These include offering gaming, retail entertainment, convention, dining, hotel, as well as other resort amenities. MGM Resorts International (NYSE:MGM) operates in two different segments: One is the wholly-owned domestic resorts and the other is MGM China. The company operates 15, 100% owned resorts in the United States. MGM China operations cover the MGM Macau resort and casino.

All of the company’s casino resorts run 24-hours a day, every day of the year. Grand Victoria is the only exception.  It operates only 22-hours every day, all 365 days every year. The company’s main hotel and casino operations at the domestic resorts that are wholly-owned by MGM are owned and managed by the company.


About Steve Raasch

Steve Raasch is a breaking news reporter for GDP insider. During his nearly two decades of editorial experience, Steve has covered a variety of topics including small business, health, personal finance, advertising, workplace issues and consumer behavior. Steve is very passionate about his work. Steve earned a master of arts degree in international relations from the Johns Hopkins University School of Advanced International Studies in Washington.

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