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Stock Market & Financial Investment News

News Breaks
March 11, 2014
13:10 EDTPENN, BYDBoyd shares could be worth $18-$25 in REIT deal, says FBR Capital
FBR Capital estimates Boyd Gaming (BYD) shares could be worth between $18-$25 should the company spin off its real estate assets into a REIT structure. FBR believes the timeline for such a deal should be much shorter than it was for Penn National (PENN). Shares of Boyd after trading higher today after activist Elliott Associates disclosed a stake. FBR has an Outperform rating on the stock with a $13 price target.
News For BYD;PENN From The Last 14 Days
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July 25, 2014
09:32 EDTBYD, PENNNevada reports June statewide gaming win up 14.4% to $906.9M
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July 24, 2014
14:07 EDTPENNPenn National sell-off a buying opportunity, says Brean Capital
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09:09 EDTBYDBoyd Gaming announces senior executive appointments
Boyd Gaming announced several senior executive appointments. Chris Gibase has been appointed to the newly created position of CMO. Gibase previously served as Senior VP, Operations, for 10 years. Boyd Gaming also has named two executives Steve Schutte and Vince Schwartz to the position of Senior VP, Operations. Additionally, Boyd Gaming has expanded the responsibilities of Ted Bogich, Senior VP, Operations of Midwest properties. In his new role, Bogich will be responsible for Blue Chip, Par-A-Dice, Kansas Star, Delta Downs and Evangeline Downs. Gibase, Bogich, Schwartz and Schutte will report directly to Paul Chakmak, Executive VP and COO.
07:16 EDTPENNPenn National cuts FY14 EPS view to 2c from 12c, consensus 14c
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07:15 EDTPENNPenn National sees Q3 EPS 6c, consensus 3c
Sees Q3 revenue $633.5M, consensus $627.42M.
07:08 EDTPENNPenn National reports Q2 EPS 3c, consensus 7c
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July 14, 2014
14:04 EDTBYD, PENNNJ reports Atlantic City June gaming win $236M
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