TSXV:NYX.DB - Post by User
Comment by
JimTorontoon Aug 06, 2016 3:59pm
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Post# 25116932
RE:RE:RE:An article from Seeking Alpha
RE:RE:RE:An article from Seeking Alpha"Scientific Games Corp. named former Norwegian Cruise Line Holdings Ltd. Chief Executive Officer Kevin Sheehan to replace gaming-industry veteran Gavin Isaacs as its CEO, a move that sent shares down 16 percent."
"his lack of experience in gaming may lead some investors to question his appointment"
"The gaming-equipment maker controlled by billionaire Ronald Perelman earlier Friday posted revenue of $729.2 million for the quarter, beating analysts’ average projection of $709.4 million. Operating income increased to $46.7 million from a loss of $800,000 in the year-ago period."
https://www.bloomberg.com/news/articles/2016-08-05/scientific-games-replaces-ceo-with-cult-status-shares-plunge