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Stock Market & Financial Investment News

News Breaks
January 9, 2014
09:08 EDTPENNPenn National names Snowden to COO, Fair to Chief Development Officer
Penn National announced that Jay Snowden, who has served as senior vice president, regional operations since October 2011, has been named senior vice president, COO, effective immediately. The role of COO was previously held by Timothy Wilmott, who was named CEO in November 2013 concurrent with the spin-off of Gaming and Leisure Properties from the company. Penn also announced that effective January 6, William Fair was appointed senior vice president, Chief Development Officer, a position previously held by Steven Snyder who assumed the role of senior vice president, corporate development at GLPI at the time of the spin-off.
News For PENN From The Last 14 Days
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February 27, 2015
09:35 EDTPENNNevada reports January statewide gaming win up 7.75% to $952.7M
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February 24, 2015
07:30 EDTPENNJPMorgan to hold a conference
Global High Yield & Leveraged Finance Conference is being held in Miami Beach, FL on February 23-25 with webcasted company presentations to begin on February 24 at 7:40 am; not all company presentations may be webcasted. Webcast Link
February 23, 2015
09:59 EDTPENNOn The Fly: Analyst Upgrade Summary
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07:08 EDTPENNPenn National upgraded at BofA/Merrill
As previously reported, BofA/Merrill upgraded Penn National to Buy from Neutral. The firm views Penn National as the regional stock to own for a segment recovery and notes January 2015 gross gaming revenues had the biggest increase since 2006 and February is tracking strong. This, and improving low end consumer commentary at other operators and easy comps, makes risk-reward more favorable. Price target raised to $20 from $17.
06:22 EDTPENNPenn National upgraded to Buy from Neutral at BofA/Merrill
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