Friday May 17 | Business Journal
Pinnacle wins Nevada approval for Ameristar buy
The Nevada Gaming Commission has approved Pinnacle Entertainment Inc.'s planned $2.8 billion acquisition of Ameristar Casinos, Pinnacle officials announced today.
L'Auberge Casino Resort Lake Charles, a Pinnacle Entertainment...
L'Auberge Casino Resort Lake Charles, a Pinnacle Entertainment Property in Louisiana, Completes its More than $20 Million 754-room Renovation Project -- L'Auberge Casino Resort in Lake Charles, La., a Pinnacle Entertainment, Inc.
Photo Release -- L'Auberge Casino Resort Lake Charles Unveils 754...
Lake Charles Mayor Randy Roach and SWLA Alliance President George Swift join L'Auberge Casino Resort Senior VP/General Manager Keith W. Henson and Pinnacle Entertainment Executive VP of Regional Operations Geno M. Iafrate along with members of the Chamber's Ribbon Cutting Committee in unveiling the resort's 754 newly renovated hotel rooms.
Revenue at all St. Louis casinos dropped in April
Every one of the six casinos in the St. Louis metro area reported decreased revenue last month compared with April 2012.
Mid Rivers Newsmagazine Front Page
BUSINESS: Happy anniversary, Callier's
Callier's Catering and Callier's Home Plate Deli is celebrating 30 years in business.
Ameristar Casino sees profits, revenues decline
Regional gaming operator Ameristar Casinos, Inc. said a decline in revenues and profits in the first quarter was due to economic factors and new competition in several markets.
Pinnacle Entertainment, Rating Lowered to Hold at Craig Hallum
They currently have a $20.00 price target on the stock, up from their previous price target of $19.00. A number of other analysts have also recently weighed in on PNK.
Pinnacle Entertainment, Price Target Raised to $23.00 at Sterne Agee
Other equities research analysts have also recently issued reports about the stock.
Pinnacle Entertainment, PT Raised to $19.00 at Susquehanna
The firm currently has a "neutral" rating on the stock. Other equities research analysts have also recently issued reports about the stock.
River Palms in Laughlin sold to M1 Gaming of Reno
Tropicana Entertainment LLC announced Wednesday it sold the River Palms Resort Casino in Laughlin to Reno-based M1 Gaming for $7 million.
Gaming Control recommends approving Pinnacle acquisition of rival Ameristar
The issue : The board considered licensing Australia-based Aristocrat Technologies as an interactive gaming equipment manufacturer.
Sale of Ameristar moves a step closer
The stockholders of Las Vegas-based Ameristar Casinos Inc. last week approved the company's planned acquisition by Pinnacle Entertainment.
Revenue at Pinnacle's St. Louis operations drops 4 percent in Q1
Revenue at Pinnacle Entertainment's operations in St. Louis decreased by 4 percent to $96.3 million in the first quarter compared with a year ago.
Plans for Reno truck stop to return by Boomtown
A 24-hour truck stop with a casino may be returning to a spot along Interstate 80 just west of Reno near the Boomtown Casino and Hotel.
Pinnacle Entertainment, (PNK) Announces Quarterly Earnings Results, Beats Expectations By $0.05 EPS
Pinnacle Entertainment, issued its quarterly earnings data on Wednesday. The company reported $0.25 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.20 by $0.05, ARN reports.
Share prices up double digits for Boyd, Pinnacle
Regional casino operators Boyd Gaming Corp. and Pinnacle Entertainment experienced double-digit increases in their average daily share price during April.
Archaeology dig near casino to get public showing
An archaeological dig just yards away from L'Auberge Casino is unearthing a 19th century "sugar house" on the historic Chatsworth Plantation.
ISI Group Downgrades Pinnacle Entertainment to Neutral on Mixed Factors
In a report published Monday, ISI Group analyst Ian Weissman downgraded the rating on Pinnacle Entertainment from Buy to Neutral, but raised the price target from $17.00 to $20.00. In the report, Weissman noted, "Although nothing in the fundamental story has dramatically changed, our rationale for today's downgrade includes: a high bar for positive ... (more)
Pinnacle Entertainment, Price Target Raised to $21.00 at JP Morgan Cazenove
The firm currently has an "overweight" rating on the stock. Pinnacle Entertainment, traded down 0.62% on Tuesday, hitting $19.38. Pinnacle Entertainment, has a 1-year low of $8.89 and a 1-year high of $19.71. The stock's 50-day moving average is currently $16.04. The company's market cap is $1.131 billion.
Pinnacle Entertainment, Price Target Raised to $23.00 at Nomura
The firm currently has a "buy" rating on the stock. PNK has been the subject of a number of other recent research reports.