The last week saw gambling industry players Penn National Gaming Inc. (PENN – Free Report) and Boyd Gaming Corporation (BYD – Free Report) announcing buyouts. Melco Resorts & Entertainment Limited (MLCO – Free Report) announced the launch of a luxury hotel brand, NUWA. Weeks Most Important Stories in Detail Penn National agreed to buy Pinnacle…
ITT Inc.ITT has managed to impress investors with its recent winstreak, as earnings have trumped estimates in the four trailing quarters. The company expects to continue earnings momentum on the back of strong productivity, business streamlining and cost containment measures. ITT’s performance has reflected well on share price, exhibiting investor optimism. The company’s shares have…
More than 8,600 employers nationwide spent part of November and December looking for a new workers compensation insurer. The need for replacement coverage came after the Florida Department of Financial Services declared insolvent and subsequently took over Fort Lauderdale, Florida-based Guarantee Insurance Co. An article about the proceedings was the ninth most read Workers Compensation…
In this interview with CalvinAyre.coms Becky Liggero, Conny Dorrestijn of Holland Fintech points out what the gambling industry needs to do to improve its reputation. Business reputation is a by-product of what people think and feel about a business. It is based on what theyve heard, the facts they have gathered, and most importantly, their…
AdvertisementBankruptcyDatas detailed analysis and summary of Performance Sports Groups First Amended Joint Chapter 11 Plan of Liquidation, dated November 2, 2017, is now available. The U.S. Bankruptcy Court confirmed the Plan on December 20, 2017; and the Plan became effective on December 21, 2017. Advertisement BankruptcyData notes, The Plan is… Read…
Companies Wednesday, December 27, 2017 11:42 By MUGAMBI MUTEGI Deacons chief executive officer Muchiri Wahome. FILE PHOTO | NMG Fashion retailer Deacons #ticker:DCON has issued a profit warning indicating that its net profit for the full-year to December 2017 will drop by at least a quarter due to lower sales. The profit warning announcement means…
As Eddie Obeid languishes behind bars for a second Christmas and New Year, the family of the corrupt former Labor MP is being pursued in court for hundreds of thousands of dollars in cash they received from the Circular Quay cafes at the centre of his trial. Fairfax Media can reveal the liquidator appointed to Circular Quay Restaurants, the…
SALT LAKE CITY A group of law students at Brigham Young University is working to help Utah residents with their debt collection lawsuits. There are about 70,000 debt cases a year in Utah, many of which are for $100 to $200, KUER-FM radio reported. But people often end up spending more than that because they…
Goldman Sachs-backed ReNew Power Ventures Pvt. Ltd is looking to acquire the solar power assets of Mumbai-based Waaree Energies Ltd, Mint reported, citing people aware of the matter. Waaree Energies has about 100 megawatt of solar power assets across Andhra Pradesh and Madhya Pradesh. Last week, Waaree Energies had raised Rs 100 crore ($15.6 million)…
IT seemed luxury Aussie handbag retailer Oroton was doomed last month after it went into voluntary administration. Today, it has risen from the ashes following a takeover bid from a major shareholder. Caledonia Funds Management chief investment officer Will Vicars, who owns 18 per cent of the 79-year-old companys ASX-listed shares, will buy the brand…