Despite reporting strong earnings growth, many of International Game Technology's investors headed for the exits Thursday. At 70 cents per share, IGT's net income for the quarter ending Dec. 31 was 6 cents ahead of analyst …
Jason Ader is the founder of hedge fund Ader Investments, a former Wall Street casino stock analyst, and a board …
Chief Executive T.J. Matthews, speaking on a conference call, said IGT still expects net income of about 30 cents a share in each quarter of its current fiscal year, excluding employee stock options expense and acquisition-related costs. "If …
Last Friday, MTR Gaming stockholders approved the all-stock offer of $6.05 per share, giving Reno's Carano family 55 percent ownership of the combined company, expected to be final this fall with regulatory approvals. A news release …
International Game Technology, the largest maker of slot machines, agreed Monday to buy rival Anchor Gaming for $1.37 billion in stock and assumed debt, further reducing the ranks of independent gaming-machine makers. Reno-based IGT …
IGT stock is publicly traded on the New York Stock Exchange and calls itself the global leader in gaming.
Ader's group, which controls about 3 percent of IGT's stock, is looking to nominate three directors to the company's board, including former Chief Executive Charles Mathewson. In a letter to IGT shareholders on Monday, the group criticized the …
Shares closed on Monday at $11.35. This stock has been hit over the past month and is offering a nice entry point for investors. International Game Technology PLC (NYSE: IGT) is the global leader in gaming. The company enables …
International Game Technology (NYSE:IGT), dropped down -0.73% and closed at $19.01. So far in three months, the …
depriving the Italian stock market of one of its 40 blue chips. IGT and GTECH will combine under a newly formed holding company, which will be based in the United Kingdom. GTECH, which had said last month it was in talks with IGT, said …