Casinos & Gaming

Market Roundup (SPWRA, UBS, MGM, TWX, LGF)

Posted on 03/19/10 at 2:51pm
SunPower (NASDAQ: SPWRA) announced that it intends to restate its earnings for 2008-2010, following the completion of an internal investigation into accounting issues, resulting in $33.2 million of additional expenses and a $16.9 million reduction in income. SPWRA has also reported a 70% downturn in its Q4 profit on margin contraction.
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Uptrend Spotted in Shares of Pinnacle Entertainment (PNK)

Posted on 03/19/10 at 11:24am
SmarTrend identified an Uptrend for Pinnacle Entertainment (NYSE: PNK) on March 05, 2010 at $8.39. In approximately 2 weeks, Pinnacle Entertainment has returned 9.8% as of today's recent price of $9.21.
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International Game Technology Downward Momentum Looks to Continue (IGT)

Posted on 03/19/10 at 5:15am
SmarTrend identified a Downtrend for International Game Technology (NYSE: IGT) on February 05, 2010 at $17.41. In approximately 1 month, International Game Technology has returned 2.9% as of today's recent price of $16.90.
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Top Services Stocks Surge in Morning Session (G, NWSA, EBAY, HD, LVS, BBY, BBI, VIA-B, ROST, KSS, EXPD, MAR)

Posted on 03/19/10 at 3:00am
(EMAILWIRE.COM, March 19, 2010 ) Dallas, Tx - News Corporation (NASDAQ:NWSA) rallied 0.43% to $14.08. The stock has a 52-week range of $6.02-$14.50. So far in the last six months trade the stock went up over 15%.
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Casino Stocks Falls in Late Session (LVS, MGM, WYNN, MPEL)

Posted on 03/19/10 at 3:00am
(EMAILWIRE.COM, March 19, 2010 ) Dallas, Tx - Following were among the Casinos companies whose shares were actively traded in Thursday's session. Las Vegas Sands Corp. (NYSE:LVS) is down 2.82% to $19.28 on 22.97 million shares. So far the stock is up over 727% in the last one year of trading sessions.
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MTR Gaming Group Enters into $20 Million Credit Agreement

Posted on 03/18/10 at 5:27pm
CHESTER, W. Va.--(BUSINESS WIRE)-- MTR Gaming Group, Inc. (NasdaqGS: MNTG) (the “Company”) announced today that it has entered into a new credit agreement with Aladdin Credit Advisors, L.P., as administrative agent.
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Top 5 NASDAQ Stocks In the Services Sector With The Highest 5-Y Earnings Estimates (CTCM, MPEL, RENT, KTOS, UAUA)

Posted on 03/18/10 at 11:00am
Below are the top services stocks on the NASDAQ in terms of 5-Y earnings estimates. CTC Media Inc (NASDAQ: CTCM) is likely to achieve 60.8% earnings growth over the next five years. CTCM’s trailing-twelve-month operating margins stand at 39.48%. Read more about this company here.
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Analyst Upgrades for March 18th

Posted on 03/18/10 at 9:00am
Analyst Upgrades for 3/18/2010... Actuant (NYSE: ATU) reiterated Buy, price target raised to $23 from $21.50, at KeyBanc... Advanced Micro (NYSE: AMD) upgraded to Sell from Conviction Sell at Goldman...
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PNK Initiated With Buy

Posted on 03/18/10 at 8:27am
Analysts at Deutsche Bank initiate coverage of Pinnacle Entertainment (NYSE: PNK) with a "buy" rating. The target price for PNK is set to $13. PNK’s shares closed at $9.23 yesterday. More Analyst Ratings here
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