Click here to close now.

SYS-CON MEDIA Authors: David Sprott, Liz McMillan, Pat Romanski, Elizabeth White, tru welu

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
The true value of the Internet of Things (IoT) lies not just in the data, but through the services that protect the data, perform the analysis and present findings in a usable way. With many IoT elements rooted in traditional IT components, Big Data and IoT isn’t just a play for enterprise. In fact, the IoT presents SMBs with the prospect of launching entirely new activities and exploring innovative areas. CompTIA research identifies several areas where IoT is expected to have the greatest impac...
SYS-CON Events announced today that BMC will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. BMC delivers software solutions that help IT transform digital enterprises for the ultimate competitive business advantage. BMC has worked with thousands of leading companies to create and deliver powerful IT management services. From mainframe to cloud to mobile, BMC pairs high-speed digital innovation with robust...
2015 predictions circa 1970: houses anticipate our needs and adapt, city infrastructure is citizen and situation aware, office buildings identify and preprocess you. Today smart buildings have no such collective conscience, no shared set of fundamental services to identify, predict and synchronize around us. LiveSpace and M2Mi are changing that. LiveSpace Smart Environment devices deliver over the M2Mi IoT Platform real time presence, awareness and intent analytics as a service to local connecte...
High-performing enterprise Software Quality Assurance (SQA) teams validate systems that are ready for use - getting most actively involved as components integrate and form complete systems. These teams catch and report on defects, making sure the customer gets the best software possible. SQA teams have leveraged automation and virtualization to execute more thorough testing in less time - bringing Dev and Ops together, ensuring production readiness. Does the emergence of DevOps mean the end of E...
Amazon and Google have built software-defined data centers (SDDCs) that deliver massively scalable services with great efficiency. Yet, building SDDCs has proven to be a near impossibility for companies without hyper-scale resources. In his session at 15th Cloud Expo, David Cauthron, CTO and Founder of NIMBOXX, highlighted how a mid-sized manufacturer of global industrial equipment bridged the gap from virtualization to software-defined services, streamlining operations and costs while connect...
Container technology is sending shock waves through the world of cloud computing. Heralded as the 'next big thing,' containers provide software owners a consistent way to package their software and dependencies while infrastructure operators benefit from a standard way to deploy and run them. Containers present new challenges for tracking usage due to their dynamic nature. They can also be deployed to bare metal, virtual machines and various cloud platforms. How do software owners track the usag...
The Industrial Internet revolution is now underway, enabled by connected machines and billions of devices that communicate and collaborate. The massive amounts of Big Data requiring real-time analysis is flooding legacy IT systems and giving way to cloud environments that can handle the unpredictable workloads. Yet many barriers remain until we can fully realize the opportunities and benefits from the convergence of machines and devices with Big Data and the cloud, including interoperability, ...
paradigm shifts in networking, to cloud and licensure, and all the Internet of Things in between. In 2014 automation was the name of the game. In his session at DevOps Summit, Matthew Joyce, a Sales Engineer at Big Switch, will discuss why in 2015 it’s complexity reduction. Matthew Joyce, a sales engineer at Big Switch, is helping push networking into the 21st century. He is also a hacker at NYC Resistor. Previously he worked at NASA Ames Research Center with the Nebula Project (where OpenSta...
The term culture has had a polarizing effect among DevOps supporters. Some propose that culture change is critical for success with DevOps, but are remiss to define culture. Some talk about a DevOps culture but then reference activities that could lead to culture change and there are those that talk about culture change as a set of behaviors that need to be adopted by those in IT. There is no question that businesses successful in adopting a DevOps mindset have seen departmental culture change, ...
Discussions about cloud computing are evolving into discussions about enterprise IT in general. As enterprises increasingly migrate toward their own unique clouds, new issues such as the use of containers and microservices emerge to keep things interesting. In this Power Panel at 16th Cloud Expo, moderated by Conference Chair Roger Strukhoff, panelists will address the state of cloud computing today, and what enterprise IT professionals need to know about how the latest topics and trends affec...
Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an Internet of Things implementation? In this session, James Kirkland, Red Hat's Chief Architect for the ...
While there are hundreds of public and private cloud hosting providers to choose from, not all clouds are created equal. If you’re seeking to host enterprise-level mission-critical applications, where Cloud Security is a primary concern, WHOA.com is setting new standards for cloud hosting, and has established itself as a major contender in the marketplace. We are constantly seeking ways to innovate and leverage state-of-the-art technologies. In his session at 16th Cloud Expo, Mike Rivera, Seni...
The Internet of Things is tied together with a thin strand that is known as time. Coincidentally, at the core of nearly all data analytics is a timestamp. When working with time series data there are a few core principles that everyone should consider, especially across datasets where time is the common boundary. In his session at Internet of @ThingsExpo, Jim Scott, Director of Enterprise Strategy & Architecture at MapR Technologies, discussed single-value, geo-spatial, and log time series dat...
We’re entering a new era of computing technology that many are calling the Internet of Things (IoT). Machine to machine, machine to infrastructure, machine to environment, the Internet of Everything, the Internet of Intelligent Things, intelligent systems – call it what you want, but it’s happening, and its potential is huge. IoT is comprised of smart machines interacting and communicating with other machines, objects, environments and infrastructures. As a result, huge volumes of data are bein...
Cloud Expo, Inc. has announced today that Andi Mann returns to DevOps Summit 2015 as Conference Chair. The 4th International DevOps Summit will take place on June 9-11, 2015, at the Javits Center in New York City. "DevOps is set to be one of the most profound disruptions to hit IT in decades," said Andi Mann. "It is a natural extension of cloud computing, and I have seen both firsthand and in independent research the fantastic results DevOps delivers. So I am excited to help the great team at ...