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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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September 29, 2014
07:23 EDTPENNUBS & Deutsche Bank to co-host a forum
Gaming Investment Forum to be held in Las Vegas on September 29-30 with webcasted company presentations to begin on September 29 at 12 pm; not all company presentations may be webcasted. Webcast Link
September 26, 2014
09:33 EDTPENNNevada reports August statewide gaming win down 3.66% to $920.29M
Nevada reports August Las Vegas Strip gaming win down 6.08% to $553.19M. 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).
September 25, 2014
06:41 EDTPENNBarclays remains positive on Penn National
Barclays said gaming repeal efforts are subsiding in Massachusetts and upcoming catalysts for Penn National are not being reflected in shares. The analyst remains positive on Penn National's outlook and expects the opening of 1250 slots at Plainridge Park in June 2015 could add $3 per share in valuation and potential permitting and construction delays for Wynn (WYNN) could give Penn a head start. Lastly, Barclays believes the Hollywood Jamui project expected in 2016 could add $2 per share in valuation. Shares are Overweight rated.
September 19, 2014
07:03 EDTPENNPenn National names CEO Timothy Wilmott to board of directors
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