International Business News - Penn http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif PVG GP LLC, the general partner of Penn Virginia GP Holdings LP, on Thursday declared a second-quarter distribution for the partnership of 36 cents per unit, an increase of 2 cents, or 5.9 percent, from the previous quarter. http://www.ibtimes.com/articles/20080724/penn-virginia-gp-raises-quarterly-dividend.htm Thu, 24 Jul 2008 14:34:03 EDT Racetrack and casino operator Penn National Gaming says its second-quarter earnings fell 3.4 percent on weak economic conditions, narrowly missing Wall Street estimates. http://www.ibtimes.com/articles/20080724/penn-national-gaming-2q-profit-falls-3-4-percent.htm Thu, 24 Jul 2008 09:28:00 EDT Harrah's proposal for a casino in Sumner County would generate more revenue than two other plans from companies vying to run a state-owned facility there, according to consultants for Kansas' casino review board. http://www.ibtimes.com/articles/20080722/consultants-harrahs-plan-is-biggest-money-maker.htm Tue, 22 Jul 2008 16:03:01 EDT The troubled credit markets that are creating problems for home buyers and other borrowers also are disrupting the capital-intensive casino industry--driving up construction costs and delaying and even jeopardizing whole projects. http://www.ibtimes.com/articles/20080709/stingy-credit-markets-test-us-casino-projects.htm Wed, 09 Jul 2008 17:38:21 EDT The troubled credit markets that are creating problems for homebuyers, cities and other borrowers are also disrupting the capital-intensive casino industry--driving up construction costs and delaying, if not completely scuttling, projects. http://www.ibtimes.com/articles/20080709/cash-strapped-casinos-seek-pa-regulators-help.htm Wed, 09 Jul 2008 17:04:21 EDT Shares of casino operator Ameristar Casinos Inc. seesawed Monday after JPMorgan Securities boosted its rating on the stock, saying that it could trade up as investors predict a possible takeover. http://www.ibtimes.com/articles/20080707/ameristar-casinos-shares-gain-after-upgrade.htm Mon, 07 Jul 2008 19:20:07 EDT Shares of Penn National Gaming Inc. rose Monday, following last week's news that two investment firms ended their planned $5.82 billion takeover of the casino and racetrack operator. http://www.ibtimes.com/articles/20080707/out-of-the-gate-penn-national-rises.htm Mon, 07 Jul 2008 10:22:07 EDT A leading casino operator could become a player in Maryland's slot machine gambling debate. Penn National Gaming said it is considering buying a site in Cecil County that could become one of the state's five authorized slots venues. The entry of Penn National, one of the country's largest gaming companies, could boost efforts to pass a November referendum that would authorize slots gambling. http://www.ibtimes.com/articles/20080703/casino-operator-may-bid-for-cecil-slots-site.htm Thu, 03 Jul 2008 16:41:20 EDT Credit-ratings agency Moody's Investors Service on Thursday said it will keep Penn National Gaming Inc.'s ratings on review for a possible downgrade since its $5.8 billion buyout was terminated. http://www.ibtimes.com/articles/20080703/moodys-keeps-penn-national-ratings-on-review.htm Thu, 03 Jul 2008 14:40:16 EDT Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market: NYSE http://www.ibtimes.com/articles/20080703/nvidia-amr-lehman-brothers-among-big-movers.htm Thu, 03 Jul 2008 14:21:12 EDT Shares of Penn National Gaming Inc. fell to a new low Thursday after the racetrack and casino operator said its planned $5.82 billion takeover by Centerbridge Partners and Fortress Investment Group has been terminated. http://www.ibtimes.com/articles/20080703/out-of-the-gate-penn-national-gaming-shares-fall.htm Thu, 03 Jul 2008 09:58:26 EDT Two investment firms pulled the plug Thursday on their $5.82 billion acquisition of Penn National Gaming Inc. after the racetrack and casino operator's stock price tumbled. http://www.ibtimes.com/articles/20080703/penn-nationals-takeover-terminated.htm Thu, 03 Jul 2008 18:43:02 EDT Showgirls and Hollywood look-alikes greeted the first visitors Tuesday as Penn National Gaming Inc.'s $132 million Hollywood Slots opened its doors to the public. http://www.ibtimes.com/articles/20080701/hollywood-slots-opens-to-public-in-bangor-maine.htm Tue, 01 Jul 2008 16:23:37 EDT The founder of women's shoe company Nine West has given $50 million to the University of Pennsylvania, one of the largest donations in school history. http://www.ibtimes.com/articles/20080604/university-of-pennsylvania-receives-50m-gift.htm Wed, 04 Jun 2008 00:40:38 EDT The founder of women's shoe company Nine West has given $50 million to the University of Pennsylvania, one of the largest donations in school history, to help build a biomedical research facility. http://www.ibtimes.com/articles/20080603/penn-receives-50m-gift-from-shoe-company-founder.htm Tue, 03 Jun 2008 15:35:44 EDT Shares of natural gas producer Penn Virginia Corp. soared nearly 19 percent after an East Texas well showed the ability to produce as much as 15 million cubic feet per day. http://www.ibtimes.com/articles/20080530/penn-virginia-natural-gas-well-hits-big.htm Fri, 30 May 2008 16:22:06 EDT Casino operator Penn National Gaming Inc. said it is unlikely to receive all the necessary state regulatory approvals for its proposed acquisition by the required deadline. http://www.ibtimes.com/articles/20080530/penn-still-waiting-for-some-acquisition-approvals.htm Fri, 30 May 2008 07:11:12 EDT The president and chief executive of oil and natural gas company Penn Virginia Corp. exercised options for 23,800 shares of common stock, according to a filing with the Securities and Exchange Commission. http://www.ibtimes.com/articles/20080522/penn-virginia-president-and-ceo-exercises-options.htm Thu, 22 May 2008 15:58:44 EDT After two days of listening to 11 developers pitch their competing casino projects, the Kansas Lottery Commission postponed voting until next week on the which contracts to endorse because signed agreements haven't been reached. http://www.ibtimes.com/articles/20080521/kansas-lottery-commission-delays-casino-vote.htm Wed, 21 May 2008 11:32:45 EDT As the Kansas Lottery Commission began two days of hearings Monday on proposals from those wanting to operate three state-owned and state-operated casinos, not everybody who showed up was in favor of the idea for Sumner County. http://www.ibtimes.com/articles/20080520/kan-lottery-commission-weighs-casino-applications.htm Tue, 20 May 2008 13:42:08 EDT