|August 5, 2014|
|16:57 EDT||SGMS||Scientific Games reports Q2 EPS (86c), may not compare to consensus (26c)|
Reports Q2 revenue $416.9M, consensus $413.2M. The company incurred a net loss of $72.4M, or 86c per share, inclusive of a 31c per share loss on the early extinguishment of debt, 9c per share related to the company's share of an estimated net shortfall accrual recorded by its Northstar Illinois joint venture, and 6c per share in employee termination and restructuring expense.
News For SGMS From The Last 14 Days
|November 26, 2014|
|10:12 EDT||SGMS||Options with decreasing implied volatility|
Options with decreasing implied volatility: VNET GME ARWR GMCR SGMS DSW DANG ARUN JMEI MBLY
|November 21, 2014|
|12:46 EDT||SGMS||Scientific Games completes merger with Bally Technologies |
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|November 20, 2014|
|16:05 EDT||SGMS||Scientific Games receives NGC approval for merger with Bally Technologies |
Scientific Games (SGMS) announced that the Nevada Gaming Commission, or NGC, unanimously approved the company's pending acquisition of Bally Technologies (BYI). The Commission's approval was the final regulatory approval required to complete the merger. The company expects to complete the Bally merger on November 21, subject to the satisfaction of the remaining customary closing conditions.
|November 19, 2014|
|08:12 EDT||SGMS||Bally Technologies investors approve merger agreement with Scientific Games |
Bally Technologies (BYI) announced that at a special stockholders’ meeting held yesterday, Bally stockholders approved the previously announced Agreement and Plan of Merger, dated as of August 1, by and among the Company, Scientific Games Corporation (SGMS), Scientific Games Nevada, Inc., a Nevada corporation and a wholly owned subsidiary of Scientific Games, and Scientific Games International, Delaware corporation and a wholly owned subsidiary of Scientific Games, providing for the merger of Merger Sub with and into the company, with the company surviving the Merger as a wholly owned subsidiary of Scientific Games. More than 99.61% of the votes represented and cast at the meeting, or approximately 76.97% of the total outstanding common stock eligible to vote as of the October 20 record date, were voted in favor of the approval of the Merger Agreement. Stockholders also approved the non-binding advisory proposal regarding Merger-related compensation with a vote of more than 65.83% of the votes represented and cast at the meeting. Approval of the Merger Agreement by Bally’s stockholders satisfies one of the conditions required to close the Merger. The transaction is still subject to obtaining certain required regulatory approvals and certain other customary closing conditions.
|November 18, 2014|
|09:06 EDT||SGMS||Bally Technologies to host special shareholder meeting|
Special shareholder meeting to vote to approve the merger agreement between Bally and Scientific Games with Bally becoming a wholly-owned subsidiary of Scientific Games will be held at Bally's Las Vegas offices on November 18 at 6 pm.
|07:29 EDT||SGMS||Deutsche Bank to hold a conference|
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|November 14, 2014|
|13:13 EDT||SGMS||Scientific Games volatility increases on wide price movement |
Scientific Games November call option implied volatility is at 99, December is at 96, January is at 92, April is at 77; compared to its 26-week average of 81 according to Track Data, suggesting large near term price movement.