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Stock Market & Financial Investment News

News Breaks
December 14, 2012
12:57 EDTPENNPenn National Gaming submits applications to city, state in MA
Penn National Gaming announced that the company has transmitted non-refundable application fees of $250,000 to the city of Springfield and $400,000 to the Commonwealth of Massachusetts. Penn National has submitted to the city of Springfield and the Springfield Redevelopment Authority a proposal to develop an approximately $807M, comprehensive economic development project which includes a Hollywood-branded destination casino resort.
News For PENN From The Last 14 Days
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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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January 14, 2015
14:02 EDTPENNNew Jersey reports Atlantic City gaming win down 11.2% to $190.5M in December
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January 13, 2015
08:52 EDTPENNPenn National price target raised to $17 from $14.50 at FBR Capital
FBR raised its estimates and price target for Penn National Gaming after its analysis of monthly regional data points indicated potential upside in Q4. The firm says it remains it remains a buyer of the stock with an Outperform rating.

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