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Stock Market & Financial Investment News

News Breaks
November 20, 2012
08:48 EDTCHDNChurchill Downs raises annual dividend 20%, to 70c per share from 60c per share
Churchill Downs announced an annual dividend of 72c per share on CDI's common stock, payable December 21, to shareholders of record on November 28. The board also approved accelerating the typical January annual payment to December 21, to take advantage of the existing 2012 tax rates, due to the uncertainty over the tax rates that will be in effect in 2013. CDI Chairman and CEO Robert L. Evans said, "The board elected to increase this year's annual dividend payment to 72c per share of common stock, from the 60c per share based on the company's year-to-date performance."
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December 17, 2014
14:52 EDTCHDNEmpire Resorts among three selected for New York casino projects
New York selected three casino projects to advance in its upstate region: Montreign, which was proposed by Empire Resorts (NYNY), Rivers Casino, which was proposed by an affiliate of Rush Street Gaming, and Lago Resort, which was proposed by Wilmorite. Churchill Downs (CHDN), which proposed The Casino at East Greenbush, and Caesar's (CZR), which proposed Caesars New York in Woodbury, were not selected by the board. Shares of Empire Resorts were volatile in afternoon trading after the New York State Gaming Commission made its announcements during a gaming facility location board meeting.

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