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Stock Market & Financial Investment News

News Breaks
January 24, 2014
10:22 EDTIGTInternational Game falls sharply after results disappoint
The stock is down 11.3% to $15.65 after the company last night reported earnings of 25 cents per share for its Q1 versus consensus of 30 cents. At that price, next support is at $14.93, the 52-week low. Resistance is at $16.63. Sterne Agee downgraded the name to Neutral.
News For IGT From The Last 14 Days
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April 15, 2015
17:07 EDTIGTInternational Game subsidiary awarded $75M-$80M Minnesota Lottery contract
International Game subsidiary GTECH Corporation has entered into a contract with the Minnesota State Lottery to provide new lottery technology, an IP-communications network, multimedia displays, self-service products, and ongoing support services, following a competitive procurement. The 7.5 year integrated services contract with the Lottery contains three renewal options of one year each, or up to one renewal of three years, or any variation thereof. The company expects to receive approximately $75M-$80M in revenues over the base 7.5 year contract period, which runs through August 9, 2023.

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