Boyd Gaming Corp., the operator of casinos in eight states, fell the most in more than a decade after reporting an unexpected third-quarter loss and projecting lower profit this period than analysts estimate.
Boyd Gaming Corp., the regional casino operator, agreed to buy Peninsula Gaming LLC for $1.45 billion, adding five properties in three states outside of its base in Nevada. The shares rose in extended trading.
Brookfield Asset Management Inc. hired Keith Smith as senior vice president in the private funds group from GE Asset Management Canada where he was president, according to Vlaad and Co., a Toronto-based financial services recruiting firm.
Boyd Gaming Corp., owner of 22 casinos and racetracks across the U.S., rose the most in more than three months as an improving market for off-Strip Las Vegas betting helped the company report a surprise quarterly profit.
MBIA Inc. hid potential losses of as much as $950 million on commercial real estate debt as it sought New York regulators’ approval to restructure its insurance business in 2008, banks including Bank of America Corp. and UBS AG claimed in court papers.
SK C&C USA, a unit of South Korea’s SK C&C, will work with InComm to introduce a technology that helps shoppers get coupons and pay for items on their phones, a bid to take on Google Inc . in the mobile-pay market.