Business

Via Disobedient Media

On Tuesday, September 5th, 2017,  the board of MGM Resorts International decided to approve a $1 billion share repurchase program. At a net worth of $17.7 billion today, the program represented a significant portion of its current market cap. By the end of the week, MGM's CEO, James Murren, had coolly divested himself of 80% of the shares he owned in his company. The divestment came just days before the ex-dividend date on September 8th, 2017.

Authored by Sven Henrich via NorthmanTrader.com,

Submitted by Shant Movsesian and Rajan Dhall MSTA of fxdailyterminal.com

Authored by Nick Cunningham via OilPrice.com,

The pressure on shale drillers to throttle back on their aggressive drilling continues to crop up in new places, and there are growing signs that the Permian is slowing down.

Shale companies spent just $5 billion on land deals in West Texas in the last six months, a fraction of the $35 billion spent in the prior nine-month period, according to the Houston Chronicle, citing Wood Mackenzie data.

Bitcoin continues to march back towards its record highs, breaking back above $4600 for the first time since September 8th.

So what will it take for the digital currency to get back to record highs above $5000 and beyond?

Forbes' Panos Mourdoukoutas offers several possible catalysts...