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Always Dreaming Of Another Triple Crown: A Preview Of The 2017 Kentucky Derby
Saturday, May 6, 2017 - 9:10am | 835As the 143rd Kentucky Derby approaches, many horse racing fans are evaluating the field to determine not only the winner of the Run For The Roses, but whether there is a strong candidate for what would be the thirteenth winner of the elusive Triple Crown. In 2015, American Pharoah ended the 37-year...
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Big Fish Games And The Kentucky Derby Should Drive Positive Results For Churchill Downs
Friday, October 14, 2016 - 3:42pm | 241Imperial Capital analysts are expecting some strong Q3 results from famed Churchill Downs, Inc. (NASDAQ: CHDN). Analysts are expecting strong results from Churchill Downs gaming and online businesses and seeing some improvement from its mobile gaming division, Big Fish Games. As a result, Imperial...
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Which Colt Is New York Tough?
Saturday, June 11, 2016 - 3:37pm | 640One year ago, the horse racing world was abuzz with the prospect of the first Triple Crown winner since Affirmed in 1978, and American Pharoah delivered triumphantly in the Belmont Stakes. No Triple Crown This Year, But It'll Be Quite A Race This year's hope to produce back-to-back winners of the...
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Triple Crown Sandwich Has Thin Slice Of Meat
Saturday, May 21, 2016 - 4:27pm | 567As has always been the thrilling scenario, the two weeks between the Kentucky Derby and Preakness fuel fans' fervor for a Triple Crown winner. In 2012, I'll Have Another never made it to the gate for the Belmont, and in 2014, California Chrome could not muster a rally in the stretch for the sweep....
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Recent Downside In Churchill Downs Is 'Overdone,' Hilliard Lyons Upgrades To Buy
Friday, May 6, 2016 - 12:37pm | 282The 11.8 percent sell-off in Churchill Downs, Inc. (NASDAQ: CHDN) in the past month could be a buying opportunity for patient investors. Hilliard Lyons analyst Jeffrey Thomison has upgraded the stock from Neutral to Buy and sees potential for strong cash flow and revenue growth ahead for...
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The Kentucky Derby And Doubtful Destiny
Friday, May 6, 2016 - 9:53am | 901How likely is a Triple Crown awarded in consecutive years? American Pharoah, the most recent Triple Crown winner, was only the twelfth horse in 141 attempts to accomplish the amazing feat of winning all three racing "jewels" from the Kentucky Derby, Preakness Stakes and Belmont Stakes...
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2015 Kentucky Derby Sets Attendance, Betting Records
Monday, May 4, 2015 - 8:32pm | 234Churchill Downs, Inc. (NASDAQ: CHDN) said Saturday's Kentucky Derby posted a new attendance record of 170,513 people, beating the previous high three years ago by 3 percent. The 141st Derby race also set a record for total amount bet on the card. According to the press release, "...
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Who Will Win The 141st Kentucky Derby?
Friday, May 1, 2015 - 2:47pm | 585As the 2015 Kentucky Derby approaches, 21 horses will be making an attempt to win the 141st edition of the race. The winner, as always, has a chance at wining the elusive Triple Crown, a feat that has only been accomplished 11 times in 141 attempts. A Brief History Interestingly, three of...
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The Top Kentucky Derby Stocks
Thursday, April 30, 2015 - 11:40am | 323Only a couple more days until the Kentucky Derby, which will be held on Saturday, May 2, in Louisville, Kentucky. This is one of the most watched horse races in America. The Kentucky Derby is the first race of the Triple Crown of Thoroughbred Racing. The second race is the Preakness Stakes and...
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What's Better: Earnings Season Or Derby Prep Season?
Thursday, April 9, 2015 - 10:43am | 1779Earnings season officially kicked off yesterday with Alcoa Inc (NYSE: AA). Ahhh, earnings season. Aside from Derby Prep Season… earnings season is my favorite season. The thing about earnings season is that decisions are obviously a little more pressing. It’s not unlike the home...
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Defending The Indefensible: Flash Trading Helped Save the Stock Market
Tuesday, April 1, 2014 - 4:01pm | 1077In his latest book, Flash Boys, Michael Lewis contends the stock market is "rigged" in favor of institutional investors who buy and sell securities rapidly with computer programs, booking loads of tiny profits. This is at the expense of the individual investor, Lewis claims. Actually, it is the...
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Another Secretariat and 1973 Market in the Making?
Thursday, May 17, 2012 - 11:34am | 756For investor’s sake, let’s hope not. In 1973, when Secetariat accomplished his unprecedented feat of winning a Triple Crown, the market was down 14.7%. With the market up roughly 7% (and shrinking) year to date, that would be quite a reversal of fortune. But for fans of the horse racing industry...
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Triple Crown Winners and the Markets
Friday, May 4, 2012 - 12:47pm | 680One would think with NBC and its parent networks providing coverage of the Kentucky Derby and Triple Crown races that CNBC commentators would be a little better informed. Or at the least not make comments that are inaccurate. For instance, Joe Kernen discussed the poor market performance in...
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Churchill Downs Goes Up
Thursday, May 12, 2011 - 3:56pm | 268The run for the roses took place last Saturday in front of a record-breaking crowd of more than 163,000 people. With a clear weather report and booked hotels for miles around, it was clear to some investors that it would be a big day for Churchill Downs (NASDAQ: CHDN). Trading before the Kentucky...
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And They're Off! Churchill Downs Buys Harlow's Casino (CHDN)
Monday, September 13, 2010 - 9:44am | 137Down the stretch they come!!!! Churchill Downs Inc. (NASDAQ: CHDN), operator of the Kentucky Derby, announced this morning it'll pay $138 million in cash to buy Harlow's Casino Resort & Hotel in Greenville, Miss. This is done to expand the company's business from traditional horse racing,...