The owner of the Houston Rockets got into the blank-check game more than two years ago. He’s finally scored a deal.
A special purpose acquisition company run by Texas businessman Tilman Fertitta has agreed to buy food delivery startup Waitr Inc. for $300 million, according to a statement Wednesday.
Landcadia Holdings Inc. is paying Waitr’s backers at least $50 million in cash and the rest in stock in a deal that will bring the food-delivery company public.
Landcadia, which raised $300 million in its IPO in 2016, will change its name to Waitr Inc. and trade on the Nasdaq after the deal closes later this year. Waitr’s management will remain in place and Fertitta will join its board.
Fertitta is familiar with the restaurant and hospitality industries. He owns and runs casino operator Golden Nugget Inc. and steakhouse chain Landry’s Inc. The Houston native paid $2.2 billion last year for the Houston Rockets, the highest price ever paid for a National Basketball Association team.
Top 5 Casino Stocks To Invest In 2019: Neuberger Berman MLP Income Fund Inc.(NML)
Advisors' Opinion:- [By Ethan Ryder]
New Millennium Iron Corp (TSE:NML)’s share price reached a new 52-week low during trading on Monday . The stock traded as low as C$0.07 and last traded at C$0.07, with a volume of 21500 shares traded. The stock had previously closed at C$0.07.
- [By Logan Wallace]
Neuberger Berman MLP Income Fund Inc (NYSEAMERICAN:NML) declared a monthly dividend on Monday, October 1st, Wall Street Journal reports. Investors of record on Monday, December 17th will be given a dividend of 0.055 per share by the investment management company on Monday, December 31st. This represents a $0.66 dividend on an annualized basis and a dividend yield of 7.42%. The ex-dividend date is Friday, December 14th.
Top 5 Casino Stocks To Invest In 2019: The Herzfeld Caribbean Basin Fund, Inc.(CUBA)
Advisors' Opinion:- [By Stephan Byrd]
Media headlines about Herzfeld Caribbean Basin Fund, Inc. common stock (NASDAQ:CUBA) have been trending somewhat positive on Saturday, according to Accern Sentiment Analysis. The research firm rates the sentiment of news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Herzfeld Caribbean Basin Fund, Inc. common stock earned a news sentiment score of 0.00 on Accern’s scale. Accern also gave news stories about the investment management company an impact score of 48.5554072096128 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Top 5 Casino Stocks To Invest In 2019: Nuveen North Carolina Premium Income Municipal Fund(NNC)
Advisors' Opinion:- [By Ethan Ryder]
Wells Fargo & Company MN increased its holdings in Nuveen North Carol Premium Incom Mun Fd (NYSE:NNC) by 29.8% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 289,655 shares of the financial services provider’s stock after purchasing an additional 66,507 shares during the quarter. Wells Fargo & Company MN’s holdings in Nuveen North Carol Premium Incom Mun Fd were worth $3,554,000 at the end of the most recent reporting period.
Top 5 Casino Stocks To Invest In 2019: Royal Gold Inc.(RGLD)
Advisors' Opinion:- [By Joseph Griffin]
Royal Gold (NASDAQ:RGLD) (TSE:RGL) – Equities research analysts at B. Riley increased their Q2 2019 earnings per share (EPS) estimates for Royal Gold in a research note issued on Tuesday, April 17th. B. Riley analyst L. Pipes now forecasts that the basic materials company will post earnings of $0.46 per share for the quarter, up from their previous estimate of $0.45. B. Riley also issued estimates for Royal Gold’s Q3 2019 earnings at $0.45 EPS, Q4 2019 earnings at $0.44 EPS and FY2020 earnings at $1.78 EPS.
- [By Max Byerly]
Shares of Royal Gold, Inc (NASDAQ:RGLD) (TSE:RGL) have been assigned a consensus rating of “Buy” from the twelve ratings firms that are covering the stock, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $94.39.
- [By Jon C. Ogg]
Royal Gold Inc. (NASDAQ: RGLD) recently traded at $77.50, with a market cap of $5 billion. Its 52-week range is $76.02 to $98.53. The consensus target price of $96.42 may be $1.00 lower than a month earlier, but it’s actually right where the analyst community was 90 days ago. The analysts are still hoping for 24% upside here.
- [By Reuben Gregg Brewer, Travis Hoium, and Chuck Saletta]
Penny stocks are exciting in a get-rich-quick kind of way. But the risks of something going wrong are huge. The penny stock space is replete with scam artists and small, financially weak companies. So we asked three Motley Fool investors to recommend stocks that are established, yet still quite exciting. If you're considering penny stocks, you might want to step back instead and take a look at Immersion Corporation (NASDAQ:IMMR), Melco Resorts & Entertainment Ltd. (NASDAQ:MLCO), and Royal Gold Inc. (NASDAQ:RGLD). Each of them opens up a huge opportunity, if you take the time to dig in just a little bit, without the risks that often show up with penny stocks.
- [By Shane Hupp]
Royal Gold, Inc (NASDAQ:RGLD) (TSE:RGL)’s share price reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $71.91 and last traded at $72.84, with a volume of 11408 shares. The stock had previously closed at $72.94.
- [By Tyler Crowe, Matthew Frankel, CFP, and Neha Chamaria]
So we asked three Motley Fool contributors to tell us about one of their favorite mid-cap stocks out there today. Here's why they picked real estate investment trust (REIT) Physicians Realty Trust (NYSE:DOC), precious metal streaming company Royal Gold (NASDAQ:RGLD), and solar power component supplier SolarEdge Technologies (NASDAQ:SEDG).
Top 5 Casino Stocks To Invest In 2019: The Rubicon Project, Inc.(RUBI)
Advisors' Opinion:- [By Motley Fool Transcription]
The Rubicon Project, Inc. (NYSE:RUBI)Q4 2018 Earnings Conference CallFeb. 27, 2019, 4:30 p.m. ET
Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:Operator
- [By Ethan Ryder]
Rubicon Project (NYSE: RUBI) is one of 44 publicly-traded companies in the “Computer programming, data processing, & other computer related” industry, but how does it weigh in compared to its competitors? We will compare Rubicon Project to related companies based on the strength of its analyst recommendations, valuation, institutional ownership, dividends, profitability, earnings and risk.
- [By Ethan Ryder]
The Rubicon Project Inc (NYSE:RUBI) saw unusually-high trading volume on Wednesday . Approximately 1,541,600 shares traded hands during trading, an increase of 150% from the previous session’s volume of 615,518 shares.The stock last traded at $3.22 and had previously closed at $2.90.
- [By Max Byerly]
Rubicon Project (NYSE:RUBI) was upgraded by stock analysts at ValuEngine from a “strong sell” rating to a “sell” rating in a research report issued on Wednesday.
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