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Stock Market & Financial Investment News

News Breaks
November 25, 2013
07:02 EDTPENN, GLPIPenn National names Saul V. Reibstein as CFO
Penn National Gaming (PENN) announced the appointment of Saul V. Reibstein, as Senior Vice President and CFO, effective December 4, subject to customary regulatory approvals. Reibstein, who served as a member of the companyís Board of Directors since June 2011 and as Chairman of the Boardís Audit Committee, succeeds William J. Clifford, who assumed the role of CFO of Gaming and Leisure Properties (GLPI) following the spin-off of GLPI from Penn on November 1. Reibstein will report directly to Pennís CEO, Timothy J. Wilmott.
News For PENN;GLPI From The Last 14 Days
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April 24, 2014
13:38 EDTPENNPenn National guidance may prove conservative, says Brean Capital
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10:50 EDTPENNPenn National says April visitation trends 'very concerning'
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07:11 EDTPENNPenn National sees Q2 EPS 6c, consensus 15c
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07:10 EDTPENNPenn National lowers FY14 EPS view to 12c from 24c, consensus 26c
Lowers FY14 revenue view to $2.51B from $2.63B, consensus $2.64B. Sees Horseshoe Baltimore opens in early September 2014, impacting Hollywood Casino at Charles Town Races; Belterra Park in Cincinnati opens in early May 2014, impacting Hollywood Casino Lawrenceburg; Hollywood Gaming at Dayton Raceway opens in the fall of 2014, impacting Hollywood Casino Columbus; Hollywood Gaming at Mahoning Valley Race Track opens in the fall of 2014; and Operations from the Companyís Argosy Casino Sioux City facility cease as of July 1.
07:07 EDTPENNPenn National reports Q1 EPS 5c, consensus 5c
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April 16, 2014
11:02 EDTPENNPenn National in partnership with Cordish to pursue NY opportunity
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April 14, 2014
14:06 EDTPENNNew Jersey reports March Atlantic City gaming win down 2.2% to $233.4M
New Jersey reported total gaming win from the casino hotels and Internet gaming operations was $233.4M in March, a 2.2% decline compared to the casino win for the same month of last year, including Atlantic Club. Casino win from the eleven casino hotels open in both March 2013 and 2014 decreased by 1.9%. Internet gaming win increased 15.2% for the month, from $10.3M in February to $11.9M for March. 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).

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