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United States

Boyd Gaming Corp (BYD.N)

BYD.N on New York Stock Exchange

25.56USD
18 Aug 2017
Change (% chg)

$-0.27 (-1.05%)
Prev Close
$25.83
Open
$25.68
Day's High
$25.84
Day's Low
$25.47
Volume
284,205
Avg. Vol
339,982
52-wk High
$26.86
52-wk Low
$16.77

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Fri, Aug 4 2017

Fitch Affirms Boyd Gaming's IDR at 'B+'; Outlook to Positive

(The following statement was released by the rating agency) NEW YORK, August 04 (Fitch) Fitch Ratings has affirmed Boyd Gaming Corp.'s (Boyd, BYD) Issuer Default Rating (IDR) at 'B+'. In addition, Fitch has affirmed Boyd's senior secured credit facility at 'BB+/RR1' and senior unsecured notes at 'B+/RR4'. The Rating Outlook was revised to Positive from Stable due to Fitch's expectation Boyd will de-lever below 5.0x gross leverage in the next one-two years through a combination of EBITDA growth a

BRIEF-Boyd Gaming Q2 earnings per share $0.24 from continuing operations

* Q2 revenue $599.9 million versus I/B/E/S view $602.2 million

BRIEF-OLG and Pollard Banknote sign 5-year contract extension

* OLG says five-year extension of its contract with Pollard Banknote Limited to print lottery instant tickets

BRIEF-Boyd Gaming Q1 earnings per share $0.31 from continuing operations

* Boyd Gaming reports first-quarter 2017 results; company reinstates dividend, reaffirms share repurchase program

BRIEF-Boyd Gaming CEO Keith Smith's FY 2016 total compensation $7.4 mln vs $8.4 mln

* CEO Keith Smith's FY 2016 total compensation $7.4 million versus $8.4 million in FY 2015 - SEC filing

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