Welcome!

News Feed Item

Financial Information, Share Sales, and Prestigious Ranking - Analyst Notes on Boyd Gaming, Carnival, Pinnacle Entertainment, Caesars Entertainment, and CAC

Editor Note: For more information about this release, please scroll to bottom.

NEW YORK, March 14, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding Boyd Gaming Corporation (NYSE: BYD), Carnival Corporation (NYSE: CCL), Pinnacle Entertainment, Inc. (NYSE: PNK), Caesars Entertainment Corporation (NASDAQ: CZR), and Caesars Acquisition Company (NASDAQ: CACQ). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register

--

Boyd Gaming Corporation Analyst Notes

On March 5, 2014, Boyd Gaming Corporation (Boyd Gaming) reported Q4 2013 and full-year 2013 financial results. For Q4 2013, the Company reported net revenues of $681.5 million, up 9.1% YoY, while full-year 2013 net revenues were $2.9 billion, up 16.6% YoY. Q4 2013 net loss attributable to Boyd Gaming was $47.3 million, or $0.43 loss per diluted common share, compared to a net loss of $899.9 million, or $10.24 loss per diluted common share, in Q4 2012. Full-year 2013 net loss attributable to the Company was $80.3 million, or $0.83 loss per diluted common share, compared to a net loss of $908.9 million, or $10.37 loss per diluted common share, in full-year 2012. "We made great progress executing on our strategic plan in 2013, despite some external headwinds that we faced over the course of the year," said Keith Smith, President and CEO of Boyd Gaming. The full analyst notes on Boyd Gaming Corporation are available to download free of charge at:

http://www.AnalystsReview.com/03142014/BYD/report.pdf

--

Carnival Corporation Analyst Notes

On February 28, 2014, Carnival Corporation (Carnival) announced that its Chairman of the Board, Micky Arison, has advised the Company that trusts organized for his benefit plan to sell up to 10.0 million shares of the Company's common stock in market sales. Arison noted that he is selling for tax planning, estate planning, and diversification purposes. Carnival informed that 5.0 million shares out of the 10.0 million shares were sold on February 28, 2014 at a price of $39.50 per share. Further, the Company noted that the remaining 5.0 million shares will be sold pursuant to sales plans under Rule 10b5-1 over the next 15 months. The full analyst notes on Carnival Corporation are available to download free of charge at:

http://www.AnalystsReview.com/03142014/CCL/report.pdf

--

Pinnacle Entertainment, Inc. Analyst Notes

On March 5, 2014, Pinnacle Entertainment, Inc. (Pinnacle Entertainment) announced that L'Auberge Casino & Hotel Baton Rouge (L'Auberge), a Pinnacle-operated hotel, has been awarded the AAA Four Diamond hotel rating. The recognition also ranked it among the elite lodging facilities with the highest standards of service and amenities, in the US. Including L'Auberge, Pinnacle Entertainment noted that it now operates four hotel properties that have earned the AAA Four Diamond rating. The full analyst notes on Pinnacle Entertainment, Inc. are available to download free of charge at:

http://www.AnalystsReview.com/03142014/PNK/report.pdf

--

Caesars Entertainment Corporation Analyst Notes

On March 11, 2014, Caesars Entertainment Corporation (Caesars Entertainment) reported Q4 2013 and full-year 2013 financial results. In Q4 2013, the Company reported net revenues of $2.1 billion, up 3.2% YoY, while full-year 2013 revenues of $8.6 billion were down 0.2% YoY. Q4 2013 net loss attributable to Caesars Entertainment was $1.8 billion, or $12.83 per diluted share, compared to a net loss of $480.3 million, or $3.84 per diluted share, in Q4 2012. Full-year 2013 net loss attributable to the Company was $2.9 billion, or $22.93 per diluted share, compared to a net loss of $1.5 billion, or $12.04 per diluted share, in full year 2012. "While the operating environment remained challenging in the fourth quarter, we are encouraged by volume and visitation trends in our core market of Las Vegas. We are excited about our prospects here fueled by organic growth and continued investments in hospitality assets, most notably the LINQ and the High Roller. Looking ahead, our efforts to improve the company's capital structure remain a key priority as we build on our recent actions and leverage our operating and financial toolbox to create value," said Gary Loveman, CEO and President of Caesars Entertainment. The full analyst notes on Caesars Entertainment Corporation are available to download free of charge at:

http://www.AnalystsReview.com/03142014/CZR/report.pdf

--

Caesars Acquisition Company Analyst Notes

On March 3, 2014, Caesars Acquisition Company (CAC) announced that Caesars Growth Partners, LLC (Caesars Growth Partners), a joint venture between CAC and Caesars Entertainment, has entered into a definitive agreement to acquire Bally's Las Vegas, The Cromwell, The Quad Resort & Casino, and Harrah's New Orleans from Caesars Entertainment for $2.2 billion, including assumed debt of $185 million and committed project capital expenditures of $223 million, resulting in cash consideration of approximately $1.8 billion. The transaction is expected to close in Q2 2014. CAC noted that the transaction will facilitate new investment in the said properties, with Caesars Growth Partners retaining a 50% interest in the management fee revenues to be received by certain subsidiaries of Caesars Entertainment Operating Company, Inc., a subsidiary of Caesars Entertainment. "These four properties will strongly complement our existing portfolio, particularly Planet Hollywood and our interest in Horseshoe Baltimore, which will open later this year," said Mitch Garber, CEO of CAC. The full analyst notes on Caesars Acquisition Company are available to download free of charge at:

http://www.AnalystsReview.com/03142014/CACQ/report.pdf

--


About Analysts Review
We provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Analysts Review comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities.

--

=============

EDITOR NOTES:

  • This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  • Information in this release is fact checked and produced on a best efforts basis and reviewed by Nidhi Vatsal, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
  • This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
  • If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] AnalystsReview.com.
  • For any urgent concerns or inquiries, please contact us at compliance [at] AnalystsReview.com.
  • Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] AnalystsReview.com for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Analysts Review. An outsourced research services provider represented by Nidhi Vatsal, CFA, has only reviewed the information provided by Analysts Review in this article or report according to the Procedures outlined by Analysts Review. Analysts Review is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Analysts Review makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Analysts Review is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Analysts Review whatsoever for any direct, indirect or consequential loss arising from the use of this document. Analysts Review expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Analysts Review does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.


AnalystsReview.com

SOURCE Analysts Review

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm. In his general session at 20th Cloud Expo, Chris Brown, a Solutions Marketing Manager at Nutanix, will explore...
In his session at @ThingsExpo, Steve Wilkes, CTO and founder of Striim, will delve into four enterprise-scale, business-critical case studies where streaming analytics serves as the key to enabling real-time data integration and right-time insights in hybrid cloud, IoT, and fog computing environments. As part of this discussion, he will also present a demo based on its partnership with Fujitsu, highlighting their technologies in a healthcare IoT use-case. The demo showcases the tracking of patie...
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy.
In his general session at 18th Cloud Expo, Lee Atchison, Principal Cloud Architect and Advocate at New Relic, discussed cloud as a ‘better data center’ and how it adds new capacity (faster) and improves application availability (redundancy). The cloud is a ‘Dynamic Tool for Dynamic Apps’ and resource allocation is an integral part of your application architecture, so use only the resources you need and allocate /de-allocate resources on the fly.
Some people worry that OpenStack is more flash then substance; however, for many customers this could not be farther from the truth. No other technology equalizes the playing field between vendors while giving your internal teams better access than ever to infrastructure when they need it. In his session at 20th Cloud Expo, Chris Brown, a Solutions Marketing Manager at Nutanix, will talk through some real-world OpenStack deployments and look into the ways this can benefit customers of all sizes....
In his keynote at 19th Cloud Expo, Sheng Liang, co-founder and CEO of Rancher Labs, discussed the technological advances and new business opportunities created by the rapid adoption of containers. With the success of Amazon Web Services (AWS) and various open source technologies used to build private clouds, cloud computing has become an essential component of IT strategy. However, users continue to face challenges in implementing clouds, as older technologies evolve and newer ones like Docker c...
Have you ever noticed how some IT people seem to lead successful, rewarding, and satisfying lives and careers, while others struggle? IT author and speaker Don Crawley uncovered the five principles that successful IT people use to build satisfying lives and careers and he shares them in this fast-paced, thought-provoking webinar. You'll learn the importance of striking a balance with technical skills and people skills, challenge your pre-existing ideas about IT customer service, and gain new in...
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend @CloudExpo | @ThingsExpo, June 6-8, 2017, at the Javits Center in New York City, NY and October 31 - November 2, 2017, Santa Clara Convention Center, CA. Learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
@DevOpsSummit at Cloud taking place June 6-8, 2017, at Javits Center, New York City, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long developm...
Bert Loomis was a visionary. This general session will highlight how Bert Loomis and people like him inspire us to build great things with small inventions. In their general session at 19th Cloud Expo, Harold Hannon, Architect at IBM Bluemix, and Michael O'Neill, Strategic Business Development at Nvidia, discussed the accelerating pace of AI development and how IBM Cloud and NVIDIA are partnering to bring AI capabilities to "every day," on-demand. They also reviewed two "free infrastructure" pr...
Cloud Expo, Inc. has announced today that Aruna Ravichandran, vice president of DevOps Product and Solutions Marketing at CA Technologies, has been named co-conference chair of DevOps at Cloud Expo 2017. The @DevOpsSummit at Cloud Expo New York will take place on June 6-8, 2017, at the Javits Center in New York City, New York, and @DevOpsSummit at Cloud Expo Silicon Valley will take place Oct. 31-Nov. 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Buzzword alert: Microservices and IoT at a DevOps conference? What could possibly go wrong? In this Power Panel at DevOps Summit, moderated by Jason Bloomberg, the leading expert on architecting agility for the enterprise and president of Intellyx, panelists peeled away the buzz and discuss the important architectural principles behind implementing IoT solutions for the enterprise. As remote IoT devices and sensors become increasingly intelligent, they become part of our distributed cloud enviro...
In recent years, containers have taken the world by storm. Companies of all sizes and industries have realized the massive benefits of containers, such as unprecedented mobility, higher hardware utilization, and increased flexibility and agility; however, many containers today are non-persistent. Containers without persistence miss out on many benefits, and in many cases simply pass the responsibility of persistence onto other infrastructure, adding additional complexity.
Almost two-thirds of companies either have or soon will have IoT as the backbone of their business. Though, IoT is far more complex than most firms expected with a majority of IoT projects having failed. How can you not get trapped in the pitfalls? In his session at @ThingsExpo, Tony Shan, Chief IoTologist at Wipro, will introduce a holistic method of IoTification, which is the process of IoTifying the existing technology portfolios and business models to adopt and leverage IoT. He will delve in...
In his session at 20th Cloud Expo, Chris Carter, CEO of Approyo, will discuss the basic set up and solution for an SAP solution in the cloud and what it means to the viability of your company. Chris Carter is CEO of Approyo. He works with business around the globe, to assist them in their journey to the usage of Big Data in the forms of Hadoop (Cloudera and Hortonwork's) and SAP HANA. At Approyo, we support firms who are looking for knowledge to grow through current business process, where even...