Isle of Capri Casinos (NASDAQ:ISLE)
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The Company is a developer, owner and operator of gaming facilities and related lodging and entertainment facilities in regional markets in the United States and Internationally.
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June 25th shares rose 15% last week riding on the coat tails of Penn National Gaming’s agreeing to an acquisition by Fortress Investment Group. However with negative profit margins, this company performance is below that of the sector. Downgraded to sell. In other words this company is no Penn National.