-
Video: Why Benzinga's Founder Bought Call Options In Penn National Gaming
Tuesday, April 6, 2021 - 7:19pm | 204Read More...On the "Power Hour" show Tuesday afternoon, Benzinga Founder and CEO Jason Raznick took a new position in Penn National Gaming Inc (NASDAQ: PENN) live on air. Options Trading: Raznick said he bought call options in Penn National Gaming. When the stock was trading around $100, he was...
-
Fintech Focus Roundup For November 28, 2020
Friday, November 27, 2020 - 7:21pm | 1747Read More...Metromile To Go Public Via SPAC, Expand Licensing What Happened: In partnership with INSU Acquisition Corp. II, a SPAC sponsored by the insurance-focused Cohen & Company Inc., insurtech Metromile announced it will become a publicly listed company that would trade on the Nasdaq exchange under...
-
Morningstar Analyst Says Pershing Square Has Track Record Of Pushing Retailers To Seek REITs
Tuesday, December 16, 2014 - 5:18pm | 183Read More...When asked about a rumor that Pershing Square Capital Management CEO Bill Ackman is seeking a REIT spinoff for McDonald’s Corporation (NYSE: MCD), Morningstar Analyst RJ Hottovy said that Pershing Square has a track record of pushing retailers with real estate assets to look at one of these...
-
Who Benefits From The Bankruptcy Of Trump Entertainment Resorts?
Monday, September 15, 2014 - 12:15pm | 931Read More...Atlantic City certainly does not benefit from the planned closure Trump Plaza and threatened closure of Trump Taj Mahal, the only remaining properties of Trump Entertainment Resorts, which filed for bankruptcy last week. The struggling city has seen a number of casino closures, for which many...
-
UPDATE: Morgan Stanley Lowers PT on Penn Gaming Following Recent Earnings Report
Monday, February 10, 2014 - 8:51am | 196Read More...In a report published Friday, Morgan Stanley analyst Thomas Allen lowered the price target on Penn National Gaming (NASDAQ: PENN) from $13 to $12 following last week's earnings report. Allen lowered 2Q14 estimates by 7% and flexed the bull/bear cases to highlight the high risk-reward of the stock....
-
Barron's Recap: Navigating the Bond Market
Sunday, October 6, 2013 - 9:54am | 959Read More...This weekend in Barron's online: Barron's Mutual Fund Quarterly, as well as the prospects for Amazon.com, Penn National Gaming, Latam Airlines, PICO Holdings and more. Cover Story "How to Navigate the Bond Market" by Michael Aneiro. Given that interest rates will rise, Barron's asks in this...
-
Credit Suisse Maintains Outperform on Penn National Gaming
Monday, June 27, 2011 - 9:41am | 106Read More...Credit Suisse is out with its report today on Penn National Gaming (NASDAQ: PENN), maintaining Outperform. In a note to clients, Credit Suisse writes, "We believe PENN is amongst the best positioned gaming operators to benefit from a regional consumer recovery and the largest domestic growth...
-
Morgan Stanley Provides Color on Penn National Gaming, Overweight
Monday, June 20, 2011 - 7:22am | 145Read More...Morgan Stanley provided color on Penn National Gaming (NASDAQ: PENN). In a research report published today, Morgan Stanley commented on the company's agreement with the state of Ohio. In the report, Morgan Stanley states, "PENN's agreement with the state of Ohio is better than investors feared,...
-
Morgan Stanley Maintains Overweight on Penn National Gaming
Thursday, June 16, 2011 - 9:49am | 138Read More...Morgan Stanley is out with its report today on Penn National Gaming (NASDAQ: PENN), maintaining Overweight. In a note to clients, Morgan Stanley writes, "We believe the revised casino-development agreement between PENN's lone competitor and the state of Ohio has largely positive implications for...
-
Morgan Stanley Provides Color on Penn National Gaming, Overweight
Thursday, June 2, 2011 - 8:11am | 132Read More...Morgan Stanley provided color on Penn National Gaming (NASDAQ: PENN). In a research report published today, Morgan Stanley states, "PENN remains our preferred way to play the recovery in domestic gaming revenues. We believe there is upside to current 2011 and 2012 consensus estimates, as same...
-
JP Morgan raises PT On Penn National
Thursday, December 9, 2010 - 8:25am | 23Read More...JP Morgan has raised the price target on Penn National Gaming (NASDAQ: PENN) from $37 to $38.
-
Penn National Gaming Upgraded To Buy
Friday, October 22, 2010 - 9:03am | 92Read More...Jefferies has published a research report on Penn National Gaming (NASDAQ: PENN) following 3Q results and has upgraded the company from Hold to Buy. In the report, Jefferies writes "Strong 3Q10 results coupled with a more positive comparison landscape suggest that estimates should continue to move...
-
PENN Still A Buy
Monday, October 11, 2010 - 11:30am | 31Read More...Brean Murray Carret & Co. has raised the price target for Penn National Gaming, Inc. (NASDAQ: PENN) from $36 to $39 and reiterates its Buy rating.
-
Carl Icahn Wins Casino Project Bid
Wednesday, January 20, 2010 - 1:27pm | 170Read More...The Wall Street Journal has reported on its Web site that billionaire financier Carl Icahn won the bid for the stalled Fontainebleau Las Vegas casino project after two competing bids were ruled unqualified by the examiner appointed by a bankruptcy court. Penn National Gaming (Nasdaq: PENN), a...
