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12/2/13(IGT) International Game Technology – Value Alert (Stock Blog Hub)

Texas (October 9, 2013) Wax Ink has issued a No Investment Interest opinion for International Game Technology (NYSE: IGT) based on a recent baseline equity review that placed fair value between $21-$26. No investment interest means that the current risk reward ratio is neither favorable nor unfavorable for investment consideration at this time. The recent close [...]

4/18/13(IGT) International Game Technology Offers Mobile Games to Mr. Green (Stock Blog Hub)

International Game Technology (IGT) is set to expand its mobile game offerings to Mr. Green, a Swedish online casino operator. Mr. Green will have access to IGT’s wide array of free-to-play and real-money casino style games through IGT’s remote gaming server (IGT rgs). IGT will offer popular game titles like Cleopatra, Da Vinci Diamonds, Cats, Kitty [...]

3/28/13(IGT) International Game Technology to Showcase New Games (Stock Blog Hub)

International Game Technology (IGT) will showcase its upcoming games and systems at the Indian Gaming 2013 Tradeshow and Convention from Mar 26-27 in Phoenix, Ariz. IGT will display its full product portfolio that not only includes traditional video slots but also mobile and interactive games. IGT will exhibit a number of new games that include MegaJackpots [...]

2/27/12High Demanded Stock Picks International Game Technology (NYSE:IGT) (Penny Stock DD)

Introduction: International Game Technology (NYSE:IGT) was incorporated in 1980 and is engaged in designing, manufacturing and marketing of electronic gaming equipment and systems around the globe. Based in Reno, Nevada, the company offers casino-style slot machines, central determination system machines, video lottery terminals and electronic and video bingo machines. The company also offers systems products such [...]

4/25/11(IGT) International Game Technology Signs New Credit Facility (Stock Blog Hub)

A leading global designer, developer and manufacturer of gaming machines and systems products, International Game Technology (IGT) signed a new five-year credit facility with a syndicate of banks worth $750.0 million. The credit facility replaces IGT’s existing facility of $1.24 billion. It also carries a lower interest rate than the existing one. As of April 14, [...]

1/6/11Stocks at NYSE moving on Insider Selling: (AXL, GIS, IGT, RAX, VG) (Penny Stock DD)

American Axle & Manufact. Holdings, Inc. (NYSE:AXL) went up by 1.85% to close at $14.35 with overall traded volume of 2.44 million shares in the last trading day. The company maintains strong short term liquidity position with current ratio of 1.11 times. The company stands in profit with the profit margin of 5.95%. General Mills, [...]

12/31/10NYSE Technology Sector Bears of the Day: (YGE, IGT, A, S, NOK) (Penny Stock DD)

Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) went down by 0.40% to close at $9.98 with overall traded volume of 2.08 million shares in the last trading day. The company maintains strong short term liquidity position with current ratio of 10.41%. The company stands in profit with the profit margin of 8.78%. International Game [...]

11/25/10(IGT) International Game Technology Misses Fourth Quarter Forecast – Revenue Slips (Stock Blog Hub)

International Game Technology (IGT) announced fourth quarter 2010 earnings of 18 cents excluding one-time items, missing the Zacks Consensus Estimate by a penny, primarily attributable to sluggish revenue growth from gaming operations. On a GAAP basis, earnings were 7 cents in the fourth quarter of 2010. Earnings increased 11.8% year over year to 85 cents in fiscal [...]

9/21/10International Game Technology Amends Its Joint Venture (Benzinga)

International Game Technology (NYSE: IGT) announced today that it, and its subsidiary IGT, and China LotSynergy Holdings Limited will continue their strategic alliance but have agreed, among other things, to release the lock up provision that prevented IGT from selling its shares in CLS and the convertible note and to reduce outstanding amounts owed to IGT under the convertible note in exchange for an acceleration of payments from CLS. The outstanding convertible note had an accreted value...

9/17/10Benzinga's Top Downgrades (IGT, MEE, ARNA, NBL) (Benzinga)

Janney Montgomery downgraded International Game Technology (NYSE: IGT) from "buy" to "neutral." IGT's shares closed at $15.10 yesterday. International Game Technology's earnings are likely to fall by 54.15% this year. Macquarie downgraded Massey Energy Company (NYSE: MEE) from "outperform" to "neutral." MEE's stock closed at $32.36 yesterday. Massey Energy's quarterly earnings dipped 471.37% y/y. Arena Pharmaceuticals Inc (NASDAQ: ARNA) was downgraded by Davenport from “buy” to...

9/16/10Jefferies Says IGT Behind The Curve, Initiates With Hold (IGT) (Benzinga)

Jefferies & Co. is initiating coverage on Int'l Game Tech. (NYSE: IGT) with a Hold and $16 price target, as it believes the company is behind its curve in technology. In the research note, Jefferies writes, "While we believe the company is plotting a valid strategy for recovery, the currently weak demand environment should limit the progress of the company's turnaround for the next several quarters. As such, we believe IGT's turnaround story will coincide with that of the market." Shares...

8/23/10(IGT) International Game Technology Offers New Games (Stock Blog Hub)

A leader in designing, manufacturing and marketing games, International Game Technology (IGT) announced to launch new games and network system products at the 2010 Oklahoma Indian Gaming Association Tradeshow (OIGA) that will be held on August 23and 24 in Tulsa. The company’s part of the total revenue is generated from direct product sales to casino operators [...]

8/11/10(IGT) International Game Technology Partners with Scientific Games Corporation Subsidiary Global ... (Stock Blog Hub)

A wholly owned subsidiary of International Game Technology (IGT), Barcrest Group recently signed an agreement with United Kingdom based Global Draw, a wholly owned subsidiary of Scientific Games Corporation (SGMS). The agreement forms a strategic partnership between the two companies. Under the terms of the agreement, gaming machines manufactured by Global Draw will use Barcrest’s content. [...]

4/23/10Slot Machine Stocks Catching Up With Casinos (IGT, WMS, BYI, ISLE, PNK, MGM) (

Stocks in the gambling sector have been on fire lately, and International Game Technology (IGT) extended gains after reporting $35.9 million in fiscal second-quarter earnings. EPS for the quarter came in at 12 cents, a penny higher than Q2 2009, and after adjustments the performance matched analyst expectations, according to the Associated Press. [...]

4/1/10(IGT) International Game Technology Maintains Neutral Rating (Stock Blog Hub)

International Game Technology (IGT) holds a leadership position in slot machines. In January, the company reported adjusted earnings of 23 cents per share in the first quarter of 2010, beating the Zacks Consensus Estimate of 20 cents a share. This was due to increased cost cutting and higher sales of replacement slots. The quarter benefited from increased [...]

2/14/10(IGT) International Game Technology Exits Japanese Market (Stock Blog Hub)

The leader in slot machine development and manufacturing, International Game Technology, Inc. (IGT), announced the closure of its operations in Japan due to ongoing difficult market conditions and lack of a strategic fit with its core business. The closure is expected to be completed by the third quarter of fiscal 2010. IGT expects to record approximately [...]

1/23/10(IGT) International Game Technology Beats Expectations – Reaffirms Guidance (Stock Blog Hub)

Earnings International Game Technology (IGT), a leading slot machine developer, reported adjusted earnings of 24 cents per share in the first quarter of 2010, beating the Zacks Consensus Estimate of 20 cents a share by 4 cents. Quarterly earnings of 21 cents per share increased from the year-ago period due to increased cost cutting and higher [...]

1/21/10(IGT) International Game Technology First Quarter Earnings Preview (Stock Blog Hub)

International Game Technology (IGT) will release its first-quarter (December quarter) of fiscal 2010 earnings today after market close. IGT is a leading manufacturer, designer, producer and marketer of computerized casino gaming equipment, systems and devices worldwide. The key goal for IGT in 2010 is to manage costs. Given the economic downturn and reduced demand for game [...]

12/23/09(IGT) International Game Technology Upped to Neutral (Stock Blog Hub)

We have a Neutral rating on International Game Technology (IGT), indicating that it would perform in line with the market. Our target price of $21.00 is based on a P/E multiple of 23.6X our 2010 EPS estimate, a discount to the peer group. While spending appears to be rebounding, the recovery in the leisure and gaming [...]

11/7/09(IGT) International Game Technology Beats Expectations – Earnings Down (Stock Blog Hub)

International Game Technology (IGT) reported adjusted earnings of 19 cents per share during fiscal 2009 fourth quarter, compared to a net income of 28 cents in the year-ago quarter. The result topped the Zacks Consensus Estimate by 3 cents. In the quarter, the company recorded non-cash charges of approximately $77.2 million, or 26 cents per share to give effect to a [...]

10/16/09(IGT) International Game Technology: $78 Million in Non-Cash Charges (Stock Blog Hub)

International Game Technology (IGT) today announced that it would record a non-cash charge of approximately $78 million, or 26 cents per share in the fourth quarter to give effect to a reduction in the carrying value of its investment in Walker Digital Gaming Inc. In August, the company reconsidered its partnership with Walker Digital Gaming. The [...]

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