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International Game Tech IGT

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    1. Cramer's Lightning Round: Isis Is Still Good (10/29/14)

      Headlines

      Thu, 30 Oct 2014

      Cramer's Lightning Round: Isis Is Still Good (10/29/14)

    2. GTECH reduces bridge loan credit facility for IGT deal

      Headlines

      Thu, 30 Oct 2014

      MILAN, Oct 30 (Reuters) - Italian gaming group GTECH said on Thursday it had reduced a bridge loan credit facility it used to back its buyout of U.S. slot machine maker International Game Technology...

    3. International Game Tech : Arbitrage Opportunity With An Upside Of A 9.2% Annualized Return

      Headlines

      Sat, 11 Oct 2014

      International Gaming Technology (NYSE: IGT ). Gtech will pay an uncertain sum approximating ..... 25 for each share for Las Vegas-based IGT . The sum will consist of $13.69 in cash ..... mechanics behind the compensation for an IGT share are a little bit complicated and described

    4. Italy's GTECH calls extraordinary meeting to approve IGT buyout

      Headlines

      Sat, 4 Oct 2014

      MILAN, Oct 4 (Reuters) - Italian gaming group GTECH said on Saturday it will hold an extraordinary shareholders' meeting on Nov. 4 to approve steps needed for the completion of its $4.7 billion buyout of U.S. slot machine maker International Game Technology.

    5. IGT wins contract with City of Dreams Manila

      Headlines

      Fri, 26 Sep 2014

      International Game Technology (NYSE: IGT ) says it will supply gaming equipment for the City of Dreams casino in Manila. Financial terms of the contract weren't disclosed. Post your comment!

    6. IGT Has Another Tough Quarter, but Is on Track to Be Acquired

      Commentary

      Wed, 30 Jul 2014

      remains on track to be acquired by peer GTECH in early 2015. IGT shareholders will receive a portion of the buyout proceeds as shares ..... estimate. If the deal is not completed, we still estimate that IGT is worth roughly $14 per share on a standalone basis, as the

    7. GTECH Makes Offer for International Game Technology ( IGT ); Raising Our Fair Value to $18.25

      Commentary

      Wed, 16 Jul 2014

      GTECH announced a proposal to acquire IGT for $18.25 per share, or $6.4 billion ..... assumption of $1.7 billion in net debt. IGT shareholders will receive $13.69 in cash ..... near the transaction date. The deal values IGT at 8.8 times 2013 adjusted EBITDA and

    8. IGT's Sales Decline Significantly in 2Q; Shares Fairly Valued and a Potential Value Trap

      Commentary

      Wed, 23 Apr 2014

      second quarter is a result of an erosion in IGT 's economic moat, but rather is due to weakness ..... equipment business and a lack of innovation by IGT relative to competitors the past several years. While IGT trades at what appears to be an attractive

    9. IGT Under Review Following Reduced Guidance; Fair Value Estimate Will Decrease

      Commentary

      Wed, 26 Mar 2014

      its reduced outlook. We previously viewed growth prospects for IGT 's core gaming machine operations as limited, given the saturation ..... have a negative bias toward our stable moat trend rating. While IGT trades at a 15% discount to our expected new fair value estimate

    10. IGT Reports Weak 1Q Results; Shares Moderately Undervalued

      Commentary

      Fri, 24 Jan 2014

      equipment business, due to maturation of the North American gaming equipment market. Revenue increased 2% to $541 million, with IGT 's core gaming operations and product sales segment revenue, in aggregate, declining 2%. EBITDA declined 12% to $120 million

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