News: International Game Technology (IGT)

IGT on New York Consolidated

13.89USD
17 Apr 2014
Price Change (% chg)

$-0.07 (-0.50%)
Prev Close
$13.96
Open
$13.94
Day's High
$14.03
Day's Low
$13.80
Volume
2,153,871
Avg. Vol
5,448,117
52-wk High
$21.20
52-wk Low
$13.31

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Tue, Mar 25 2014

IGT cuts 7 percent of jobs, lowers 2014 profit forecast

- Slot-machine maker International Game Technology said it would cut 7 percent of its workforce and lowered its adjusted earnings forecast for the year, citing a steeper-than-expected fall in gaming revenue in North America.

UPDATE 1-IGT cuts 7 pct of jobs, lowers 2014 profit forecast

* Shares fall as much as 11 pct after market (Adds CEO comment, details, background; updates shares)

Disney faces latest investor proposal to nominate directors

- Walt Disney Co shareholders are expected to vote at its March 18 annual meeting on a resolution that asks the company to allow large shareholders to nominate board members, the latest bid by investor groups to win "proxy access" rights.

Disney faces latest investor proposal to nominate directors

March 13 - Walt Disney Co shareholders are expected to vote at its March 18 annual meeting on a resolution that asks the company to allow large shareholders to nominate board members, the latest bid by investor groups to win "proxy access" rights.

Slot-machine maker IGT warns on profit as North America gaming falls

- Slot-machine maker International Game Technology warned that its full-year profit would more likely be towards the lower end of its previous forecast due to continued weakness in the North American gaming market.

REFILE-Slot-machine maker IGT warns on profit as N. America gaming falls

Jan 23 - Slot-machine maker International Game Technology warned that its full-year profit would more likely be towards the lower end of its previous forecast due to continued weakness in the North American gaming market.

Investor Ader turns to full-time activism with new firm

NEW YORK, Oct 23 - Former Wall Street gaming analyst Jason Ader tried his hand at activism this year, going to battle with a U.S slot-maker International Game Technology in a successful campaign to win a board seat for his firm. Now he appears to be making a deeper commitment to activist investing.

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