30.09.2013 14:00:00
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Upcoming Resorts, Management Appointments, Completed Public Offerings, and Expansions - Research Report on MGM Resorts, Royal Caribbean, Caesars Entertainment, Pinnacle, and Baltic Trading
NEW YORK, September 30, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Investors' Reports announced new research reports highlighting MGM Resorts International (NYSE: MGM, Royal Caribbean Cruises Ltd. (NYSE: RCL), Caesars Entertainment Corporation (NASDAQ: CZR), Pinnacle Entertainment Inc. (NYSE: PNK), and Baltic Trading Limited (NYSE: BALT). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
MGM Resorts International Research Report
On September 25, 2013, MGM Resorts International (MGM Resorts) announced that its subsidiary, MGM National Harbor, has unveiled detailed video animation and architect's renderings of the Company's vision for the destination resort it plans to build in Prince George's County, Maryland. MGM Resorts Chairman and CEO Jim Murren stated, "MGM National Harbor offers a sophisticated architectural approach that addresses the area's significant geographical and cultural history." Murren continued, "Knowing our resort will be the first representation of Maryland many visitors see crossing the Woodrow Wilson Bridge, we designed something striking and beautiful, respectful of the opportunity to create an iconic gateway to Maryland." The Full Research Report on MGM Resorts International - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-26/MGM]
Royal Caribbean Cruises Ltd. Research Report
On September 18, 2013, Royal Caribbean Cruises Ltd. (Royal Caribbean) announced that Nick Weir has been appointed as the Company's Vice President of Entertainment. Royal Caribbean reported that his responsibilities will include overseeing the cruise line's onboard entertainment and guest activities programming, as well as Royal Caribbean Productions, the industry's only in-house department that creates, produces and manages the largest entertainment operation at sea. Lisa Lutoff-Perlo, Executive Vice President of Operations, Royal Caribbean said, "With his stellar and diverse background, Nick will help lead Royal Caribbean's award-winning entertainment program to the next level - not just for our existing fleet of the world's largest and most innovative cruise ships, but also for the three Quantum-class and a third Oasis-class ship that will be launching starting in late-2014." The Full Research Report on Royal Caribbean Cruises Ltd. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-26/RCL]
Caesars Entertainment Corporation Research Report
On September 25, 2013, Caesars Entertainment Corp. (Caesars Entertainment) announced the commencement of an underwritten public offering of 10 million shares of its common stock. The Company anticipates to grant the underwriter of the offering an option to purchase up to 1.5 million additional shares of its common stock. Caesars and its financial sponsors, affiliates of TPG Capital LP and Apollo Global Management, LLC, have agreed to a lock-up for a period of 60 days after the date of the prospectus supplement for the offering. Caesars Entertainment reported that Credit Suisse Securities (USA) LLC is acting as the sole underwriter for the offering. The Full Research Report on Caesars Entertainment Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-26/CZR]
Pinnacle Entertainment Inc. Research Report
On September 16, 2013, Pinnacle Entertainment Inc. (Pinnacle Entertainment) announced that River City Casino & Hotel completed its $82 million expansion with a grand opening ceremony for the new hotel. The unveiling of the new hotel completes an extensive two-year investment commitment to St. Louis County and the state of Missouri. The Company reported that the hotel also includes 1,600-space parking garage and a 14,000 square foot Event Center. "The addition of this beautiful 200-room hotel, coupled with our Event Center and parking garage, has transformed River City Casino & Hotel into a true regional destination with world class gaming, dining and entertainment," said Neil Walkoff, Executive Vice President of Operations, Pinnacle Entertainment. "We are confident our outstanding amenities and entertainment offerings will elevate our guests' experience while significantly growing our customer base in the market." The Full Research Report on Pinnacle Entertainment Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-26/PNK]
Baltic Trading Limited Research Report
On September 25, 2013, Baltic Trading Limited (Baltic Trading) announced the successful completion of its previously announced public offering, issuing 13.8 million new shares of common stock. The offering included the exercise in full of the underwriters' option to purchase up to 1.8 million shares of common stock. Gross proceeds of the offering were approximately $63.5 million. The Company informed that it intends to use the net proceeds from the offering for future vessel acquisitions or, to the extent it does not so use them, for working capital and general corporate purposes. The Full Research Report on Baltic Trading Limited - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-26/BALT]
EDITOR NOTES:
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SOURCE Investors' Reports
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