Churchill Downs Inc.

Churchill Downs is a racing, online wagering and gaming entertainment company. The company manages its operations through three reportable segments: Churchill Downs, Online Wagering, and Gaming. Churchill Downs includes live and historical pari-mutuel racing at Churchill Downs Racetrack and Derby City Gaming. Online Wagering includes the company's TwinSpires business and its online sports betting and iGaming business. Gaming includes casino properties and associated racetrack or jai alai facilities which support the casino license as applicable.
  • TickerCHDN
  • ISINUS1714841087
  • ExchangeNASDAQ Stock Market
  • SectorTravel & Leisure
  • CountryUnited States

Moody's announces completion of a periodic review of ratings of Churchill Downs Incorporated

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Churchill Downs Incorporated. Global Credit Research- 08 Apr 2021. New York, April 08, 2021-- Moody's Investors Service has completed a periodic review of the ratings of Churchill Downs Incorporated and other ratings that are associated with the same analytical unit.

Dave Nicoski ...
  • Ross LaDuke

Vermilion Compass: Weekly Equity Strategy

Still Bullish, But With Reservations And just like that, the S&P 500, Nasdaq, and the Dow have reclaimed new highs despite ongoing coronavirus concerns, as a buy the dip strategy has paid off. Primarily responsible for new highs in these indexes is Technology (esp. software and semis/semi suppliers) and FAANG stocks. While these areas all remain bullish, we still have some reservations due to the massive disparity in performance between them and the Materials (XLB, XME) and Energy (RYE) Sectors, and also small-caps (IWM) which continue to hit new RS lows. Still, the Materials and Energy Secto...

Dave Nicoski ...
  • Ross LaDuke

Vital Signs: Actionable charts

In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.

Dave Nicoski ...
  • Ross LaDuke

Vermilion Compass: Weekly Equity Strategy

Waiting on Small-Caps This market continues to be dominated by signals that suggest we are in the early stages of a new bull phase, which we discuss below. At the same time, small-caps continue to be one area of the market that gives us some reason for pause as neither the Russell 2000 or S&P Small Cap 600 indexes have been able to make bullish price or RS inflections. • Small-Caps Still Below Resistance. The major US large- and mid-cap indexes have all decisively broken out to either all-time highs or 52-week highs, leaving small-caps behind. This situation can only happen for so long bec...

Dave Nicoski ...
  • Ross LaDuke

Vital Signs: Actionable charts

Key Points: • Homebuilders and related stocks continue to indicate a bull market. (ex. BLD, MDC, MTH, MHO, IBP, PHM, CVCO, WLH, DHI, MAS, and GFF) • The Technology Sector continues to have a number of technically attractive names that are pulling back to support levels or remain in uptrends. (ex. SEDG, FORM, KLAC, TER, AMAT, AEIS, SYNA, OLED, QRVO, CRUS, FISV, EVTC, KN, JBL, CDW, and AAPL) • Insurance and Exchange related names remain leadership in the Financial Sector (ex. CME, ICE, CB, CINF, ALL, JRVR, and RNR)

Dave Nicoski ...
  • Ross LaDuke

Vital Signs: Actionable charts

Key Points: • A few Consumer Discretionary names continue to act well. The list is thinning of attractive names though. (ex. FOXF, UEIC, DECK, CHDN, WING, YUM, BOOT, RCI, POOL, DLTR, and AAN) • A number of Health Care Sector names are attractive. (ex. MASI, TFX, CNMD, STE, CRVL, LNTH, HAE, COO, WST, RGEN, ANIK, NEO, and TECH) • Attractive Technology and Services names include: MANH, CDNS, ANSS, AGYS, TTEC, CLGX, MMS, and KBR

Dave Nicoski ...
  • Ross LaDuke

Vermilion Compass: Weekly Equity Strategy

Large-Cap Growth Playing Catch-Up Our outlook remains bullish and we continue to view any weakness as a buying opportunity. Our bullish outlook is supported by continued positive market dynamics and the fact that the S&P 500 and Nasdaq 100 are holding above key support levels. · S&P 500, Nasdaq 100. Key support levels we are watching on the S&P 500 remain unchanged; immediate short-term support is in the 3630-3645 zone, with the next important support levels coming in at 3588 and 3550. As long as 3550 holds, we believe a bullish intermediate-term outlook is appropriate. As for the Nasd...

MarketLine Department

Caesars Entertainment Corporation - Strategy, SWOT and Corporate Finance Report

Summary Caesars Entertainment Corporation - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights Caesars Entertainment Corporation (Caesars or 'the company') is a provider of hospitality and entertainment services. The company also offers non-gaming entertainment options, beverage and food outlets, hotel and convention space, gaming offerings. Caesars provides table ga...

MarketLine Department

Great Canadian Gaming Corporation - Mergers & Acquisitions (M&A), Partnerships & Alliances And Investments

Summary Marketline's Great Canadian Gaming Corporation Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Great Canadian Gaming Corporation since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustai...

Dave Nicoski ...
  • Ross LaDuke

Vermilion Compass: Weekly Equity Strategy

Correction Over? Important price support levels previously highlighted have held strong, including the 3200-3230 level on the S&P 500, 10,855 on the Nasdaq 100, and $145/the 200-day MA on the Russell 2000 (IWM). Additionally, both the S&P 500 and Nasdaq 100 are breaking out from their bullish falling wedge patterns that have been taking shape since the early-September highs. These bullish inflections are encouraging and, combined with market dynamics which remain mostly healthy, lead us to believe the lows of this recent correction are likely in. · Key Levels. Support levels highligh...

Dave Nicoski ...
  • Ross LaDuke

Vital Signs: Actionable charts

In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.

Moody's announces completion of a periodic review of ratings of Churchill Downs Incorporated

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Churchill Downs Incorporated. Global Credit Research- 08 Apr 2021. New York, April 08, 2021-- Moody's Investors Service has completed a periodic review of the ratings of Churchill Downs Incorporated and other ratings that are associated with the same analytical unit.

Churchill Downs Incorporated - December 2020 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Moody's assigns B1 rating to Churchill's proposed senior unsecured add-on

Rating Action: Moody's assigns B1 rating to Churchill's proposed senior unsecured add-on. Global Credit Research- 10 Mar 2021. New York, March 10, 2021-- Moody's Investors Service today assigned a B1 rating to Churchill Downs Incorporated's proposed $200 million add-on to the company's existing $500 million 4.75% senior unsecured notes due 2028. CHDN's other ratings are not affected including the Ba3 Corporate Family Rating, Ba3-PD Probability of Default Rating, Ba1 senior...

Moody's assigns Ba1 to Churchill's proposed $200 mil. term loan

Rating Action: Moody's assigns Ba1 to Churchill's proposed $200 mil. term loan. Global Credit Research- 04 Mar 2021. New York, March 04, 2021-- Moody's Investors Service, today assigned a Ba1 to Churchill Downs Incorporated's proposed $200 million 1st lien term B loan due 2028. Proceeds from the proposed term loan, will go towards repaying a portion of CHDN's $361 million of outstanding borrowings under the company's $700 million revolver and increasing the company's balance...

Churchill Downs Incorporated: Update following rating affirmation; outlook change to stable

Our credit view of Churchill Downs, reflecting the highly discretionary nature of consumer spending on gaming and horse betting activities.

CHURCHILL DOWNS sees a downgrade to Negative on account of less fundamental stars

The independent financial analyst theScreener just lowered the general evaluation of CHURCHILL DOWNS (US), active in the Gambling industry. As regards its fundamental valuation, the title now shows 1 out of 4 stars while market behaviour can be considered risky. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Negative. As of the analysis date October 23, 2020, the closing price was USD 173.21 and its target price was estimated at USD 108.69.

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