Comcast Corporation (CMCSA), Wynn Resorts, Limited (WYNN), and Investment Technology Group (ITG) are just some stocks making headlines
Facebook Inc (NASDAQ:FB) and Procter & Gamble Co (NYSE:PG) aren't the only companies making headlines today. So too are media mogul Comcast Corporation (NASDAQ:CMCSA), casino concern Wynn Resorts, Limited (NASDAQ:WYNN), and brokerage operation Investment Technology Group (NYSE:ITG).
CMCSA's NBCUniversal unit is apparently about to infuse popular website BuzzFeed with a cool $250 million. CMCSA is also reportedly set to invest in Re/code parent Vox Media. CMCSA was last seen 0.1% higher at $62.56. Meanwhile, Walt Disney Co. (NYSE:DIS) -- a one-time BuzzFeed buyout candidate -- just hit a record best $120.33. Are traders hoping for a live-action Star Wars show on Netflix, Inc. (NASDAQ:NFLX)?
Elsewhere in M&A Land, buyout buzz surrounding Starwood Hotels & Resorts Worldwide Inc (NYSE:HOT) and Intercontinental Exchange Inc (NYSE:ICE) was just squashed, while Penn Virginia Corporation (NYSE:PVA) said it has yet to receive a "credible bid."
Casino stocks are on fire this afternoon, and WYNN is no exception. The shares were last seen flirting with a 7.6% lead at $103.27, after the company reported quarterly earnings and said Wynn Palace -- its $4 billion resort in Cotai, Macau -- will open on March 25. (Meanwhile, Steve Wynn had a few words for on the Chinese government's market interference.)
Finally, ITG has plunged 23.3% to $18.40, after the firm said it's prepared to pay $20.3 million for a "dark pool" settlement with regulators. The stock has been relegated to the short-sale restricted list, along with Stratasys, Ltd. (NASDAQ:SSYS).