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Stock Market & Financial Investment News

News Breaks
April 25, 2014
07:37 EDTCZR, PENN, NYNY, PNKCaesar's, Penn National among 22 to submit NY casino proposals, NYT says
22 companies, including big names such as Caesar's (CZR), Penn National (PENN), Empire Resorts (NYNY) and Pinnacle Entertainment (PNK), submitted proposals in the first step of what is expected to be an intense bidding process to be selected to develop the four new casinos approved to be built in New York State, reported The New York Times. Formal bids on the casinos are due June 30, with the board expected to make final decisions by early fall, the report noted. Reference Link
News For CZR;PENN;NYNY;PNK From The Last 14 Days
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October 1, 2014
07:20 EDTPENNDeutsche Bank to hold a conference
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September 30, 2014
08:43 EDTCZRApollo wins approval for transfer of Caesar's loyalty program, NY Post says
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September 29, 2014
07:23 EDTPNK, PENNUBS & Deutsche Bank to co-host a forum
Gaming Investment Forum to be held in Las Vegas on September 29-30 with webcasted company presentations to begin on September 29 at 12 pm; not all company presentations may be webcasted. Webcast Link
September 26, 2014
09:33 EDTCZR, PENNNevada reports August statewide gaming win down 3.66% to $920.29M
Nevada reports August Las Vegas Strip gaming win down 6.08% to $553.19M. Publicly traded companies in the space include Boyd Gaming (BYD), Caesar's (CZR), Las Vegas Sands (LVS), MGM Resorts (MGM), Penn National (PENN) and Wynn Resorts (WYNN).
September 25, 2014
06:41 EDTPENNBarclays remains positive on Penn National
Barclays said gaming repeal efforts are subsiding in Massachusetts and upcoming catalysts for Penn National are not being reflected in shares. The analyst remains positive on Penn National's outlook and expects the opening of 1250 slots at Plainridge Park in June 2015 could add $3 per share in valuation and potential permitting and construction delays for Wynn (WYNN) could give Penn a head start. Lastly, Barclays believes the Hollywood Jamui project expected in 2016 could add $2 per share in valuation. Shares are Overweight rated.
September 19, 2014
07:03 EDTPENNPenn National names CEO Timothy Wilmott to board of directors
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September 17, 2014
15:36 EDTCZRCaesar's senior lenders drawn into debt restructuring talks, Bloomberg says
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15:00 EDTNYNYEmpire Resorts volatility increases on sharp rally
Empire Resorts October call option implied volatility is at 138, December is at 129, March is at 116; compared to its 26-week average of 88 according to Track Data suggesting large price movement.
10:48 EDTNYNYHigh option volume stocks
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