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Stock Market & Financial Investment News

News Breaks
January 8, 2013
08:06 EDTASCA, PNKPinnacle Entertainment price target raised to $22 from $16 at Brean Capital
Brean Capital raised its price target on Pinnacle Entertainment (PNK) following its announcement to acquire Ameristar Casino (ASCA). The firm believes the deal is immediately accretive and will add to cash flow. Brean Capital also expects revenue growth to be driven by targeted marketing and its strong pipeline and financial footing. Shares are Buy rated.
News For PNK;ASCA From The Last 14 Days
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May 13, 2015
14:32 EDTPNKISS recommends Pinnacle shareholders vote for six proposals protecting rights
UNITE HERE announced that proxy advisory firm Institutional Shareholder Services recommends shareholders of Pinnacle Entertainment (PNK) support six shareholder proposals aiming to protect shareholder rights in the event of a spin-off. The proposals address shareholder rights at any spin-off company, including managementís proposal to spin-off real estate assets into a new REIT, or Gaming and Leisure Propertiesí (GLPI) alternative plan to spin-off an operating company and then acquire the remaining real estate assets. UNITE HERE submitted the package of corporate governance proposals for the May 19 Annual Meeting.

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