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Stock Market & Financial Investment News

News Breaks
November 15, 2012
17:38 EDTPENNPenn National intends to separate real estate, operating assets
Penn National Gaming announced that it intends to pursue a plan to separate its gaming operating assets and real property assets into two publicly traded companies including an operating entity, Penn National Gaming, and, through a tax-free spin-off of its real estate assets to holders of PENN common stock, a newly formed, publicly traded real estate investment trust, subject to required gaming regulatory body approvals.
News For PENN From The Last 14 Days
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January 30, 2015
09:33 EDTPENNNevada reports December Statewide gaming win down 8.1% to $950.69M
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08:10 EDTPENNPenn National price target raised to $19 from $15 at Stifel
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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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