Pinnacle Entertainment Inc (PNK.N)
21 Nov 2014
|Market Cap (Mil.):||$1,425.12|
|Shares Outstanding (Mil.):||59.98|
NEW YORK/DALLAS - Johnson & Johnson was found not liable by a Texas jury on Thursday in the first case to go to trial over whether Pinnacle hip implants made by the company's DePuy Orthopedics unit were defective.
(Rewrites throughout, adds trial background and plaintiffs' lawyer quote, adds Dallas dateline)
Oct 21 - A lawyer for a Montana woman on Tuesday urged jurors in a U.S. court to find Johnson & Johnson's DePuy Orthopaedics unit liable for failing to warn patients that metal-on-metal Pinnacle hip implants were defective at the close of the first trial over the device.
(The following statement was released by the rating agency) NEW YORK, July 24 (Fitch) Fitch Ratings has published updated recovery analyses for the following U.S. gaming operators: --Caesars Entertainment Operating Co. (including Chester Downs and Marina LLC) --Caesars Entertainment Resort Properties, LLC --Caesars Growth Properties Holdings, LLC --MGM Resorts International --Boyd Gaming Corporation --Marina District Finance Company, Inc. (Borgata) --Peninsula Gaming, LLC --Pinnacle Entertainme
(The following statement was released by the rating agency) NEW YORK, July 15 (Fitch) Fitch Ratings has affirmed Pinnacle Entertainment, Inc.'s (PNK; Pinnacle) Issuer Default Rating (IDR) at 'B+'. Fitch also affirmed all of Pinnacle's issue ratings including the senior secured credit facility at 'BB+/RR1', senior unsecured notes at 'BB-/RR3' and subordinated notes at 'B-/RR6'. The Rating Outlook is Stable. KEY RATING DRIVERS The affirmation of Pinnacle's IDR at 'B+' and the Stable Outlook re