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Stock Market & Financial Investment News

News Breaks
February 6, 2014
07:19 EDTPENN, GLPIPenn National sees Massachusetts Gaming Commission decision later this monthGaming and Leisure Properties
Penn National (PENN) said, ďLater this month, we expect a decision from the Massachusetts Gaming Commission regarding our application for the stateís sole Category 2 gaming license...We look forward to the Massachusetts Gaming Commissionís decision later this month and believe we are the best suited among the three competitors for the license to maximize revenue to the state on a near- and long-term basis. In this regard, if selected, and at the Gaming Commissionís discretion, Penn National Gaming is prepared to open a temporary facility as early as the third quarter of this year with the permanent facility opening planned for the first half of 2015...in Pennsylvania, we have a proposal being considered by the Pennsylvania Gaming Control Board for a new gaming and entertainment destination in Philadelphia, where we are one of five applicants. We are also working on the development of an integrated racing and gaming facility in Lawrence County, near Pittsburgh, the last of the Category 1 sites in Pennsylvania. A decision on the Philadelphia proposal is expected in the second quarter of 2014. If selected, GLPI is committed to provide funding for certain parts of both of these projects."
News For PENN;GLPI From The Last 14 Days
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May 20, 2015
08:37 EDTPENNMorgan Stanley to hold a conference
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May 18, 2015
15:31 EDTPENNPenn National management to meet with JPMorgan
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10:01 EDTPENNOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: A10 Networks (ATEN) upgraded to Overweight from Sector Weight at Pacific Crest... Cal-Maine Foods (CALM) upgraded to Overweight from Equal Weight at Stephens... ChemoCentryx (CCXI) upgraded to Overweight from Neutral at JPMorgan... Cheniere Energy Partners LP (CQP) upgraded to Buy from Neutral at Goldman... Chicago Bridge & Iron (CBI) upgraded to Neutral from Sell at Goldman... Continental Resources (CLR) upgraded to Buy from Neutral at Goldman... Ctrip.com (CTRP) upgraded to Overweight from Neutral at JPMorgan... Emerge Energy (EMES) upgraded to Buy from Neutral at Goldman... FEMSA (FMX) upgraded to Overweight from Equal Weight at Morgan Stanley... GoPro (GPRO) upgraded to Perform from Underperform at Oppenheimer... Holly Energy (HEP) upgraded to Buy from Neutral at Goldman... JP Energy (JPEP) upgraded on better visibility on volumes at RBC Capital... Laredo Petroleum (LPI) upgraded to Neutral from Sell at Goldman... Malvern Bancorp (MLVF) upgraded to Outperform from Market Perform at Keefe Bruyette... Newfield Exploration (NFX) upgraded to Buy from Neutral at Goldman... Norsk Hydro (NHYDY) upgraded to Overweight from Neutral at JPMorgan... Owens-Illinois (OI) upgraded to Neutral from Underperform at BofA/Merrill... Penn National (PENN) upgraded to Buy from Neutral at Goldman... Roche (RHHBY) upgraded to Buy from Neutral at UBS... Schnitzer Steel (SCHN) upgraded on stabilizing headwinds at KeyBanc... Seventy Seven Energy (SSE) upgraded to Buy from Hold at Jefferies... Toll Brothers (TOL) upgraded to Neutral from Underperform at Sterne Agee CRT... United Therapeutics (UTHR) upgraded to Buy from Neutral at BTIG... Volvo (VOLVY) upgraded to Neutral from Underweight at JPMorgan... Zayo Group (ZAYO) upgraded to Buy from Neutral at Goldman.
07:39 EDTPENNPenn National upgraded to Buy from Neutral at Goldman
Goldman upgraded Penn National to Buy and raised its price target to $21 from $16. The firm expects new capacity, the Plainridge and Jamul projects, and the recently purchased Tropicana to drive EBITDA growth and multiple expansion.
May 13, 2015
14:32 EDTGLPIISS recommends Pinnacle shareholders vote for six proposals protecting rights
UNITE HERE announced that proxy advisory firm Institutional Shareholder Services recommends shareholders of Pinnacle Entertainment (PNK) support six shareholder proposals aiming to protect shareholder rights in the event of a spin-off. The proposals address shareholder rights at any spin-off company, including managementís proposal to spin-off real estate assets into a new REIT, or Gaming and Leisure Propertiesí (GLPI) alternative plan to spin-off an operating company and then acquire the remaining real estate assets. UNITE HERE submitted the package of corporate governance proposals for the May 19 Annual Meeting.
May 12, 2015
08:09 EDTPENNDeutsche positive on Penn National after management meetings
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07:50 EDTGLPI, PENNWells Fargo to hold a conference
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May 11, 2015
08:36 EDTGLPIPinnacle deal a significant catalyst for Gaming and Leisure, says Susquehanna
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