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Pinnacle Entertainment Received Necessary Regulatory Approval To Complete Its Transaction With Gaming & Leisure Properties
Tuesday, April 19, 2016 - 8:27am | 355Pinnacle Entertainment, Inc (NASDAQ: PNK) announced after Monday's market close that it has received the necessary regulatory approval to proceed with a previously announced transaction with Gaming and Leisure Properties Inc (NASDAQ: GLPI). Related Link: Trade Idea: Watch Pinnacle, Gaming...
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Pinnacle Entertainment Offers Q1 Sales At High End Of Estimate Range
Monday, April 11, 2016 - 9:36am | 156Pinnacle Entertainment, Inc (NASDAQ: PNK), an owner and operator of casinos and related hospitality and entertainment facilities, reported on Monday preliminary first-quarter results. Pinnacle Entertainment said that it expects its first-quarter revenue to be in a range of $577 million to $583...
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Who Benefits From The Bankruptcy Of Trump Entertainment Resorts?
Monday, September 15, 2014 - 12:15pm | 931Atlantic 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...
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Barron's Recap: The Bull Is In Charge
Saturday, August 31, 2013 - 10:59am | 855This weekend in Barron's online: the outlook for the market is bullish according to 10 market strategists, and the prospects for Allstate, SolarCity, Pinnacle Entertainment and Carmike Cinemas. Cover Story "Fall Market Forecast Looks Sunny" by Vito J. Racanelli. The Standard & Poor's 500 has...
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Eight Stocks Insiders Are Buying
Friday, August 19, 2011 - 9:54am | 796There is really only one reason insiders buy shares of a company -- they believe the stock price is going to move higher and they want to profit from it. Market-driven sell-offs provide a perfect opportunity to snap up shares for investors who have faith in a company. Here are some stocks that have...
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Citi Preview PNK 1Q11
Monday, April 25, 2011 - 7:22am | 118Citi reports that it expects Pinnacle Entertainment Inc.'s (NYSE: PNK) 1Q11 casino revenues to total about $264.4 million, “incorporating a 12.3% gain over last year.” “We are currently projecting net revenues of $299.7 million for the quarter, which represents growth of about 12.1% over the prior...
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JP Morgan Raises PT On Pinnacle Entertainment
Monday, January 24, 2011 - 8:42am | 27JP Morgan has raised the price target on Pinnacle Entertainment (NYSE: PNK) from $16 to $19 and maintains its Overweight rating.
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JP Morgan Raises PT On Pinnacle Entertainment
Monday, January 24, 2011 - 8:42am | 27JP Morgan has raised the price target on Pinnacle Entertainment (NYSE: PNK) from $16 to $19 and maintains its Overweight rating.
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Wells Fargo Upgrades Pinnacle Entertainment To Outperform
Thursday, January 13, 2011 - 9:49am | 245Wells Fargo has published a research report on Pinnacle Entertainment (NYSE: PNK) and has upgraded the company to Outperform from Market Perform. In the report, Wells Fargo writes "We are upgrading shares of PNK to Outperform from Market Perform and we are modestly raising our Q4 2010E and 2012E...
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Pinnacle Entertainment Acquires River Downs Racetrack
Monday, November 29, 2010 - 10:05am | 105Pinnacle Entertainment (NYSE: PNK) has announced its acquisition of River Downs Racetrack in Cincinnati, Ohio for $45 million. In a report sent to clients, Jefferies writes, "The acquisition comes with the anticipation that video lottery terminals (VLTs) at racetracks will be legalized, thereby...
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Casino Earnings Preview From Jefferies
Tuesday, October 19, 2010 - 7:34am | 253Jefferies & Co. has published a research report on Casinos and their earnings preview for 3Q2010. In the report, Jefferies writes "We believe that 3Q10 should reflect declines in most domestic markets and dramatic increases in Asia. Casino revenue results for July, August and September were...
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Casino Earnings Preview From Jefferies
Tuesday, October 19, 2010 - 7:33am | 253Jefferies & Co. has published a research report on Casinos and their earnings preview for 3Q2010. In the report, Jefferies writes "We believe that 3Q10 should reflect declines in most domestic markets and dramatic increases in Asia. Casino revenue results for July, August and September were...
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Gov. Christie’s Strange Takeover of Atlantic City
Tuesday, August 3, 2010 - 6:18pm | 906It’s been a couple of weeks since New Jersey Republican Governor Christie called for a state takeover of Atlantic City. The news came as a shock. Take that Tea Party! Was this the same guy who campaigned for lower taxes and less government, just a few months ago? Takeover, the word used in the...