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Stock Market & Financial Investment News

News Breaks
November 4, 2012
10:54 EDTPENNPenn National closes on $1B expansion of senior secured credit facilities
Penn National Gaming announced that it expanded its existing secured $2.15B of senior secured credit facilities by $1B. Under the original terms of the senior secured credit facilities entered into in July 2011, Penn National had the option to increase the amounts of the facilities at prevailing market rates, subject to obtaining commitments from lenders, pro forma compliance with financial covenants and other customary conditions.
News For PENN From The Last 14 Days
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January 29, 2015
07:17 EDTPENNPenn National sees 2015 EPS 46c, consensus 42c
Sees 2015 revenue $2.74B, consensus $2.72B.
07:17 EDTPENNPenn National sees Q1 EPS 10c, consensus 9c
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07:16 EDTPENNPenn National reports Q4 EPS with charges ($3.18)
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January 26, 2015
08:41 EDTPENNRegional gaming outlook has improved, says Wells Fargo
Wells Fargo is more upbeat on regional gaming stocks, citing improving same-store trends within the sector, significantly lower gas prices which the firm thinks could boost regional gaming companies, and a slowdown in supply growth within the sector. The firm also cited improving casual dining trends, which it says are highly correlated with regional gaming trends, as a reason for its increased optimism. It keeps Outperform ratings on Churchill Downs (CHDN), Gaming and Leisure (GLPI), and Penn National (PENN).
January 21, 2015
07:19 EDTPENNPenn National long trade in 'early innings,' says Deutsche Bank
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