MGM Resorts International ( MGM ) shares are rising in extended trading Wednesday after the company reported better-than-expected financial results for the fourth quarter. Q4 Revenue: $4.35 billion, versus estimates of $4.27 billion Q4 Adjusted EPS: 45 cents, versus estimates of 30 cents Total revenue was down 1% on a year-over-year basis. Las Vegas Strip revenue came in at $2.2...

Feb 12 (Reuters) - Equinix ( EQIX ) forecast first-quarter and annual revenue below estimates on Wednesday, hurt by a strong dollar amid rising concerns about hefty spending on data center expansion as businesses double down on generative AI adoption. Shares of the company fell more than 2% in extended trading. Massive spending on AI and infrastructure investments has come...

MEXICO CITY, Feb 12 (Reuters) - Mexican breadmaker Grupo Bimbo on Wednesday announced a bond issuance on the local market for 15 billion pesos ($730 million), in two series maturing in three and seven years. Bimbo said it would use the proceeds from the debt offering, which was met with a demand of some 22 billion pesos, for regular operations...

PANAMA CITY (Reuters) - Panama has made progress stripping vessels from its registry that do not meet its flag's standards, the Central American nation's Maritime Authority said on Wednesday, responding to U.S. criticism that it allowed sanctioned countries to move ships with the Panamanian flag. U.S. officials and congressmen have accused Panama of not taking action to help enforce sanctions...