News

Penn Entertainment Inc. PENN, -2.56% said Monday it’s planning to relocate riverboat casinos in Aurora and Joliet, Illinois, to land-based facilities and to build a new hotel at Hollywood Columbus in Ohio, and a second hotel tower at the M Resort in Henderson, Nevada. Chief Executive Jay Snowden said he expects the properties to generate […]

Churchill Asset Management LLC said Monday it drew in more than $12 billion in third-party commitments for its private capital senior lending programs. The fresh capital includes Churchill’s flagship levered and unlevered senior loan funds, publicly-registered vehicles and separately managed accounts, with money from about 150 institutional and high net worth investors globally. Churchill CEO […]

A new report shows that 65% of the 1,450 Web3 organizations are based on native blockchain technology, while 35% are based on non-native technology. Source: Cointelegraph

The stock of paint company PPG Industries Inc . PPG, -4.80% slid 7% in premarket trade Monday, after it warned that third-quarter earnings would lag estimates due to softer demand in Europe and China. The Pittsburgh, Pa.-based company is now expecting adjusted per-share earnings for the quarter to be 5% to 7% below the guidance […]

Shares of Toast Inc. TOST, -6.24% rose 1.2% in premarket trading Monday, after the provider of consumer payment systems for restaurants was upgraded at Mizuho, with analyst Dan Dolev saying a restaurant survey showed a “delicious path to profitability.” Dolev raised his rating to buy from neutral and lifted his stock price target to $24 […]

Turmeric Acquisition Corp. TMPM, +0.10% said Monday it will redeem its public shares, after the special purpose acquisition corporation, or SPAC, failed to find a business target in time. The blank-check company said shares would cease trading as of the start of trade Oct. 20 and will be deemed canceled at the close of trade […]