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Stock Market & Financial Investment News

News Breaks
March 14, 2014
05:39 EDTPNKPinnacle Entertainment downgraded to Hold from Buy at Deutsche Bank
Deutsche Bank downgraded Pinnacle Entertainment citing valuation and its belief 2014 and 2015 consensus estimates are too high. The firm keeps a $28 price target for shares.
News For PNK 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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