A Wal-Mart store in Ohio is collecting food for its workers.
NEW YORK (CNNMoney) One Wal-Mart store in Ohio is collecting canned food to help its workers feed their families a Thanksgiving dinner."Please donate food items here so associates in need can enjoy Thanksgiving dinner," a sign above two bins located near the store's backroom reads, according to photos circulated by the union-backed group OUR Walmart. The group has been organizing Wal-Mart (WMT, Fortune 500)worker protests since last year.
Wal-Mart spokesman Kory Lundberg said that particular store has held similar food donation drives for several years. The food supports workers who are facing "an unforeseen hardship," such as a spouse losing a job. Some of the food collected last year went to a mother whose child support benefits had stopped, so it helped provide her children a holiday meal, he said.
Hot Telecom Stocks To Invest In Right Now: iRobot Corp (IRBT)
iRobot Corporation (iRobot), incorporated in August 1990, designs and builds robots. The Company�� home care robots perform time-consuming domestic chores while its government and industrial robots perform tasks, such as battlefield reconnaissance and bomb disposal, multi-purpose tasks for local police and first responders, and long-endurance oceanic missions. It sells its robots to consumers through a range of distribution channels, including chain stores and other national retailers, and through its on-line store, and to the United States military and other government agencies globally. It designs and builds robots for the consumer and government and industrial markets. It sells its products through distinct sales channels to the consumer and government and industrial markets. In the United States and Canada, it sells its consumer products through a network of national retailers. As of December 31, 2011, this network consisted of more than 30 retailers, which often sell either one or some combination of its products. Its smaller domestic retail operations are supported by distributors to whom it sells product directly. It sells its government and industrial products directly to end users and indirectly through prime contractors and distributors. During the year ended December 31, 2011, sales to non-the United States customers accounted for 45.5% of total revenue.
Consumer Products
The Company sells various products, which are designed for use in and around the home. Its consumer products are focused on both indoor and outdoor cleaning applications. It offers multiple Roomba floor vacuuming robots and Scooba floor washing robots. Its Roomba robot�� compact disc shape allows it to clean under beds and other furniture, resulting in cleaner floors. In addition, it cleans automatically upon the push of a button. Its Scooba robot�� cleaning process allows the robot to simultaneously sweep, wash, scrub and dry hard floors, all at the touch of a button. Its Verro Pool Cleani! ng Robot is used to clean a residential pool and removes debris as small as two microns from the pool floor, walls and stairs. Verro is brought to market under the iRobot brand through a relationship with the Aqua Products Group companies, including AquaJet LLC and Aquatron, Inc., which developed the pool cleaning robots.
The Company�� Looj Gutter Cleaning Robot cleans an entire stretch of gutter. The Looj also features a detachable handle that doubles as a wireless remote control, providing control of the robot while cleaning.
Government and Industrial Products
In government and industrial product markets, the Company offers both ground and maritime unmanned vehicles. Its tactical ground robots include the combat-tested 510 PackBot line of small, unmanned ground robots, the 310 small unmanned ground vehicle (SUGV) and XM1216 SUGV (Small Unmanned Ground Vehicle) multi-purpose ground robots, the 110 FirstLook small, light, throwable robot, and the 710 Warrior multi-purpose robot capable of carrying heavy payloads. The PackBot, SUGV, FirstLook, and Warrior robot series make up a family of robots using many common platform components and offer its flipper technology, which enables robots to climb stairs, navigate rubble, and penetrate inaccessible areas. These robots keep war fighters and public safety officials out of harm�� way and are designed for performing search, reconnaissance, mapping, bomb disposal and other dangerous missions. As of December 31, 2011, more than 4,500 robots had been delivered to military and civil defense forces globally. Its Aware 2 software is incorporated into the 510 PackBot chassis and operator control unit. As a result, PackBot can support multiple configurations and payloads with the same chassis and operator control unit, providing customers with a single robot capable of performing multiple missions.
Contract Research and Development Projects
The Company is involved in several contract development pr! ojects wi! th the United States governmental agencies and departments. The durations of these projects range from a few months to several years. These projects are usually funded as either cost-plus, firm fixed price, or time and materials contracts. In a cost-plus contract, it is allowed to recover its actual costs plus a fixed fee. Under a firm fixed price contract, it receives a fixed amount upon satisfying contractually defined deliverables. On its time and materials contracts, it recovers a specific amount per hour worked based on a bill rate schedule, plus the cost of direct materials, subcontracts, and other non-labor costs, including an agreed-upon mark-up.
Advisors' Opinion:- [By Steve Symington]
Of course, that doesn't mean share buybacks don't have their place; back in February, I supported iRobot's (NASDAQ: IRBT ) �plan to repurchase up to $25 million of its common stock, but that was only because the company had just taken a beating after an ugly fourth-quarter earnings report, and I also believed its shares were fundamentally undervalued relative to its growth prospects.
10 Best Net Payout Yield Stocks To Own For 2014: First Horizon National Corp (FHN)
First Horizon National Corporation (FHN), incorporated in 1968, is a bank holding company. The Company provides financial services through its subsidiary, First Tennessee Bank National Association (the Bank), and its subsidiaries. The Company�� two brands First Tennessee and FTN Financial provide customers with a range of products and services. First Tennessee provides retail and commercial banking services throughout Tennessee. FTN Financial (FTNF) is engaged in fixed income sales, trading, and strategies for institutional clients in the United States and abroad. FHN has four operating business segments: regional banking, capital markets, corporate, and non-strategic. As of December 31, 2011, the Bank had $16.4 billion in total deposits and $16 billion in total net loans. As of December 31, 2011, the Company�� subsidiaries had over 200 business locations in 17 the United States states, Hong Kong, and Tokyo, excluding off-premises automated teller machines (ATMs). As of December 31, 2011, the Bank had 183 branch locations in four states, which include 172 branches in metropolitan areas of Tennessee; two branches in northwestern Georgia; seven branches in northwestern Mississippi, and two branches in North Carolina. As of December 31, 2011, FTN Financial products and services were offered through 18 offices in total, including 16 offices in 14 states plus an office in each of Hong Kong and Tokyo.
The regional banking segment offers financial products and services, including traditional lending and deposit taking, to retail and commercial customers in Tennessee and surrounding markets. Regional banking provides investments, financial planning, trust services and asset management, credit card, cash management, and first lien mortgage originations within the Tennessee footprint. In addition, the regional banking segment includes correspondent banking, which provides credit, depository, and other banking related services to other financial institutions.
The capital markets se! gment consists of fixed income sales, trading, and strategies for institutional clients in the United States and abroad, as well as loan sales, portfolio advisory, and derivative sales. The corporate segment consists of gains on the extinguishment of debt, unallocated corporate expenses, expense on subordinated debt issuances and preferred stock, bank-owned life insurance, unallocated interest income associated with excess equity, net impact of raising incremental capital, revenue and expense associated with deferred compensation plans, funds management, low income housing investment activities, and charges related to restructuring, repositioning, and efficiency. The non-strategic segment consists of the wind-down national consumer lending activities, legacy mortgage banking elements, including servicing fees, and the associated ancillary revenues and expenses related to these businesses. Non-strategic also includes the wind-down trust preferred loan portfolio and exited businesses along with the associated restructuring, repositioning, and efficiency charges.
As of December 31, 2011, the Company provided services through its subsidiaries, which include general banking services for consumers, businesses, financial institutions, and governments; through FTN Financial fixed income sales and trading, underwriting of bank, loan sales, advisory services and derivative sales; discount brokerage and full-service brokerage; correspondent banking; transaction processing, such as nationwide check clearing services and remittance processing; trust, fiduciary, and agency services; credit card products; equipment finance; investment and financial advisory services; mutual fund sales as agent; retail insurance sales as agent, and mortgage banking services.
As of December 31, 2011, the commercial, financial, and industrial (C&I) portfolio was eight billion dollars, and is consisted of loans used for general business purposes, and consisted of relationship customers in Tennessee and certain n! eighborin! g states, which are managed within the regional bank. Products include working capital lines of credit, term loan financing of owner-occupied real estate and fixed assets, and trade credit enhancement through letters of credit. As of December 31, 2011, the unpaid principal balance (UPB) of trust preferred loans totaled $447.2 million with the UPB of other bank-related loans totaling approximately $161.8 million. The commercial real estate portfolio includes both financings for commercial construction and non-construction loans. This portfolio is segregated between income commercial real estate (CRE) loans which contain loans, lines, and letters of credit to commercial real estate developers for the construction and mini- permanent financing of income-producing real estate, and residential CRE loans. The residential CRE portfolio includes loans to residential builders and developers for the purpose of constructing single-family detached homes, condominiums, and town homes. As of December 31, 2011, the residential CRE portfolio was $.1 billion. As of December 31, 2011, the consumer real estate portfolio was $5.3 billion, and is composed of home equity lines and installment loans. As of December 31, 2011, the credit card and other portfolios were $.3 billion, and primarily include credit card receivables, automobile loans, and over-the-counter (OTC) construction loans and other consumer related credits.
FHN�� investment portfolio consists of debt securities, including government agency issued mortgage-backed securities (MBS) and government agency issued collateralized mortgage obligations (CMO). During the year ended December 31, 2011, Government agency issued MBS and CMO, and other agencies averaged $2.9 billion. During 2011, the United States treasury securities and municipal bonds averaged $79.5 million. During 2011, investments in equity securities averaged $222.3 million.
During 2011, short-term funds (certificates of deposit greater than $100,000, federal funds purchased (! FFP), sec! urities sold under agreements to repurchase, trading liabilities, and other short-term borrowings) averaged $3.6 billion. During 2011, other borrowings increased to $.3 billion. Term borrowings include senior and subordinated borrowings and advances with original maturities greater than one year. During 2011, average term borrowings averaged $2.6 billion.
The Company competes with Regions Bank, SunTrust Bank, Wells Fargo Bank N.A., Bank of America N.A., and Pinnacle National Bank.
Advisors' Opinion:- [By John Maxfield]
Given that you clicked on this article, it seems safe to assume you either own stock in First Horizon National (NYSE: FHN ) or are considering buying shares in the near future. If so, then you've come to the right place. The table below reveals the nine most critical numbers that investors need to know about First Horizon stock before deciding whether to buy, sell, or hold it.
- [By Sean Williams]
Finally, regional bank First Horizon National (NYSE: FHN ) , which has banking branches throughout Tennessee, added 4.2% just a day after paying shareholders a $0.05 quarterly dividend. Like Genuine Parts, there is no company specific news driving First Horizon higher, but the prospect for a higher net interest margin because of higher interest rates is certainly adding a boost to banks like First Horizon that rely on traditional loan and deposit growth. But as my Foolish colleague John Maxfield recently pointed out, you may want to keep your expectations for First Horizon tempered in the interim.
10 Best Net Payout Yield Stocks To Own For 2014: CC Media Holdings Inc (CCMO)
CC Media Holdings, Inc., incorporated May 2007, is a diversified media and entertainment company. The Company provides radio, digital, out-of-home, mobile and on-demand entertainment, and information services for audiences and local communities, and providing opportunities for advertisers. The Company operates in three segments: Media and Entertainment (CCME, formerly Radio), Americas outdoor advertising (Americas outdoor) and International outdoor advertising (International outdoor). On April 29, 2011, the Company acquired the traffic business of Westwood One, Inc. (the Traffic acquisition). The Company, during 2011, also purchased a cloud-based music technology business. During 2011, the Company also acquired Brouwer & Partners, a street furniture business. During 2011, the Company divested and exchanged its 27 radio stations.
CCME
The CCME segments operations include radio broadcasting, online and mobile services and products, program syndication, entertainment, traffic data distribution and music research services. The Company�� radio stations and content can be heard on amplitude modulation (AM) / frequency modulation (FM) stations, high definition (HD) radio stations, satellite radio, the Internet at iHeartRadio.com, and the Company�� radio stations Websites, through the Company�� iHeartRadio mobile application on iPads and smart phones, and via navigation systems. As of December 31, 2011, the Company owned 866 radio stations, including 249 AM and 617 FM servicing approximately 150 the United States markets.
The Company operates premiere networks (Premiere), a national radio network that produces, distributes or represents approximately 90 syndicated radio programs, and serves approximately 5,800 radio station affiliates. The Company�� syndicated radio programs include Rush Limbaugh, Jim Rome, Steve Harvey, Ryan Seacrest, Elvis Duran and Delilah. It also delivers real-time traffic information via navigation systems, radio and television broadcast m! edia and wireless and Internet-based services through the Company�� traffic business, total traffic network. During 2011, the CCME segment generated 48% of the Company�� revenues. The primary source of revenue in the CCME segment is the sale of commercials on the Company�� radio stations for local, regional and national advertising. The Company�� advertisers include consumer services, retailers, entertainment, health and beauty products, telecommunications, automotive and media.
Americas Outdoor Advertising
The Americas outdoor advertising segment operates in the markets of the United States, Canada and Latin America. It consists of billboards, street furniture and transit displays, airport displays, mall displays, and wall scapes, and other spectaculars, which the Company owns or operates under lease management agreements. As of December 31, 2011, the Company owned and operated approximately 125,000 display structures in its Americas outdoor advertising segment with operations in the United States. The Americas outdoor advertising segment generated 21% of the Company�� revenues during 2011. Americas outdoor revenue is derived from the sale of advertising copy placed on the Company�� digital displays and traditional displays. The Company�� display inventory consists primarily of billboards, street furniture displays and transit displays.
The street furniture displays of the Company include advertising surfaces on bus shelters, information kiosks, freestanding units and other public structures. The transit displays advertise on various types of vehicles or within transit systems, including on the interior and exterior sides of buses, trains, trams, and in the common areas of rail stations and airports. The other display inventories consist of spectaculars, wall scapes and mall displays.
International Outdoor Advertising
The International outdoor business segment includes the Company�� operations in Asia, Australia and E! urope, wi! th approximately 34% of its revenue in this segment derived from France and the United Kingdom during 2011. As of December 31, 2011, the Company owned or operated approximately 630,000 displays across 30 countries. The International outdoor segment generated 27% of the Company�� revenues during 2011. International outdoor advertising revenue is derived from the sale of traditional advertising copy placed on the Company�� display inventory and electronic displays, which are part of the Company�� network of digital displays. The International outdoor display inventory consists primarily of street furniture displays, billboards, transit displays and other out-of-home advertising displays, such as neon displays.
The Company competes with JCDecaux, CBS and Lamar Advertising Company.
Advisors' Opinion:- [By Rick Munarriz]
Fans of Sirius XM Radio (NASDAQ: SIRI ) have typically dismissed the surprising success of Clear Channel's� (NASDAQOTH: CCMO ) �iHeartRadio, and rightfully so.�
- [By Rick Munarriz]
Clear attack
Clear Channel's (NASDAQOTH: CCMO ) iHeartRadio app has been a sleeper hit in the streaming realm over the past couple of years, but it may become an awakening giant.
10 Best Net Payout Yield Stocks To Own For 2014: Ishares Gold Trust (IAU)
ishares Gold Trust (the Trust), incorporated on January 21, 2005, is to own gold transferred to the Trust in exchange for shares issued by the Trust (Shares). Each Share represents a fractional undivided beneficial interest in the net assets of the Trust. The assets of the Trust consist of gold held by the Trust�� custodian on behalf of the Trust. The sponsor of the Trust is BlackRock Asset Management International Inc. (the Sponsor). The trustee of the Trust is The Bank of New York Mellon (the Trustee) and the custodian of the Trust is JPMorgan Chase Bank, N.A., London branch (the Custodian).
The activities of the Trust are limited to issuing Baskets of Shares in exchange for the gold deposited with the Custodian as consideration; selling gold as necessary to cover the Sponsor�� fee, Trust expenses not assumed by the Sponsor and other liabilities, and delivering gold in exchange for Baskets of Shares surrendered for redemption. It does not engage in any activities designed to obtain a profit from, or to ameliorate losses caused by, changes in the price of gold.
Advisors' Opinion:- [By Dan Caplinger]
Moreover, historians point to the 1933 executive order that required individuals to deliver gold coins, bullion, and certificates to banks in exchange for regular currency at a rate of $20.67 per ounce as being functionally equivalent to confiscation. With the government proceeding to devalue the dollar to $35 per gold ounce the following year, those who complied with the order suffered a substantial loss of purchasing power. Indeed, many gold investors use that same argument in arguing against bullion ETFs SPDR Gold Trust (NYSEMKT: GLD ) , iShares Gold (NYSEMKT: IAU ) , and iShares Silver Trust (NYSEMKT: SLV ) , preferring instead to take physical possession of their gold and silver to ensure its safekeeping themselves.
- [By Peter Pham]
Although the Fed doubled its bond buying last September, the top gold exchange-traded funds, or ETFs, including SPDR Gold Shares (NYSEMKT: GLD ) , iShares Gold Trust (NYSEMKT: IAU ) , and ETFS Physical Swiss Gold Shares (NYSEMKT: SGOL ) , have dropped around 25% each over the last 12 months, which speaks to gold's extreme vulnerability to QE tapering. Even the mere mention of tapering seems to send gold into a tailspin, as seen with SPDR Gold Shares, which has plunged 24% year to date and also suffered massive losses with its physical holdings. Market Vectors Gold Miners ETF (NYSEMKT: GDX ) has suffered a massive drop of 48% so far in 2013, making it one of the worst-performing ETFs this year.
- [By Quoth the Raven]
The other common way to invest is through ETFs such as iShares Gold Trust (IAU), which basically track the price of the commodity by physically purchasing bullion. The ETFs asset price reflect the price as which it trades for. If the underlying asset is silver, the ETF trades proportional to what the silver's worth.
- [By Sean Williams]
The first method is by purchasing an ETF that closely tracks the underlying price of gold. The iShares Gold Trust (NYSEMKT: IAU ) and SPDR Gold Shares (NYSEMKT: GLD ) are two easy ways of buying into an ETF that holds physical gold without having to go through a physical gold dealer and taking delivery of the product. Also, both ETFs are extremely liquid, which means that you can access your money through your favorite brokerage by buying or selling anytime you need. The downside, of course, is that physical gold offers no dividend yield, so it's all about the price appreciation potential here.
10 Best Net Payout Yield Stocks To Own For 2014: Donaldson Company Inc (DCI)
Donaldson Company, Inc. (Donaldson) is a worldwide manufacturer of filtration systems and replacement parts. The Company's product mix includes air and liquid filtration systems and exhaust and emission control products. The Company operates in two segments: Engine Products and Industrial Products. Products in the Engine Products segment consist of air filtration systems, exhaust and emissions systems, liquid filtration systems, and replacement filters. Products in the Industrial Products segment consist of dust, fume, and mist collectors, compressed air purification systems, air filtration systems for gas turbines, polytetrafluoroethylene (PTFE) membrane-based products, and specialized air filtration systems for applications including computer hard disk drives. Effective January 14, 2014, Donaldson Co Inc acquired bankrupt Entreprise Dubourg Pere et Fils Sarl.
Donaldson�� products are manufactured at 40 plants around the world and through three joint ventures. The Engine Products segment sells to original equipment manufacturers (OEMs) in the construction, mining, agriculture, aerospace, defense, and truck markets and to OEM dealer networks, independent distributors, private label accounts, and large equipment fleets. The Industrial Products segment sells to various industrial end-users, OEMs of gas-fired turbines and OEMs and end-users requiring clean air.
Advisors' Opinion:- [By Rick Munarriz]
Friday
The market is typically quiet on Friday, but that's certainly not the case during earnings season. Donaldson (NYSE: DCI ) checks in with its latest quarterly results on Friday morning. - [By James Miller Phd]
As we can see, the firm has a higher ROE than it peers: Sharps Compliance, Casella Waste Systems, Inc. (CWST), Donaldson Company, Inc. (DCI) and GSE Holding Inc. (GSEH).
- [By Rich Duprey]
Filtration systems specialist Donaldson� (NYSE: DCI ) �announced yesterday�its second-quarter dividend of $0.13 per share, a�30% increase from the $0.10 per share payout it made last quarter.
- [By Marc Bastow]
Filtration parts and systems manufacturer Donaldson (DCI) raised its quarterly dividend 8% to 14 cents per share, payable on Dec. 20th to shareholders of record as of Dec. 9.
DCI Dividend Yield: 1.33%
10 Best Net Payout Yield Stocks To Own For 2014: Discover Financial Services(DFS)
Discover Financial Services, a bank holding company, offers direct banking and payment services in the United States. It operates in two segments, Direct Banking and Payment Services. The Direct Banking segment offers Discover card-branded credit cards to individuals and small businesses that are accepted on the Discover Network. This segment also provides other consumer banking products and services, including personal loans, student loans, and prepaid cards, as well as other consumer lending and deposit products, such as certificates of deposit, money market accounts, online savings accounts, and individual retirement account. The Payment Services segment operates the PULSE network, an automated teller machine, debit, and electronic funds transfer network; the Diners Club International network, a global payments network; and third-party issuing business, which includes credit, debit, and prepaid cards issued on the Discover Network by third parties. The company was found ed in 1986 and is based in Riverwoods, Illinois.
Advisors' Opinion:- [By Dan Caplinger]
With these cards, be sure to read the fine print. Most of the time, you have to slide your card at the pump in order to qualify; going inside to pay can disqualify you from getting the reward. Also, some cards, such as JPMorgan's Chase Freedom card and Discover Financial's (NYSE: DFS ) Discover Card, only give special gas discounts during certain times of the year, with rotating categories in other areas for the remainder of the year. Finally, check to see whether your reward comes in the form of cash or points, as points can be harder to convert to cash on some rewards programs.
- [By Jay Jenkins]
Discover Financial Services (NYSE: DFS ) entered the student loan market with a splash in 2011 when it purchased a $2.5 billion portfolio from Citigroup.�As of Q1, Discover had $8 billion in total student loans, an increase of $400 million year over year, but still just 13% of its total portfolio. (Credit cards account for more than 80% of Discover's holdings). Acquiring Sallie Mae could immediately propel Discover into the upper echelon of the market, and simultaneously balance out its concentration in credit card debt.
- [By Matt Brownell]
Alamy The holiday shopping season is upon us, and that means you're probably about to spend a whole lot of money: According to the National Retail Federation, the average American will spend about $738 on gifts, decorations and other holiday purchases. And, actually, that's down 2 percent from last year, so perhaps we're all trying to be a hair more frugal. But another way to save on those holiday outlays can be to pick the right card when you get to the checkout counter. So which one should you use? If you're planning on carrying a balance into 2014, the answer is obvious: Whichever card has the lowest rate. But if you're planning on paying off your purchases in full and APRs aren't a concern, then you'll need to consider what ancillary benefits you can get by choosing one card over another. The Rewards Carousel The biggest consideration here is what sort of cash-back rewards you can get out of your card. Usually, you get only 1 percent back, which is a drop in the shopping bucket. But many cards have 5 percent bonus categories that rotate on a quarterly basis. And the good news is that credit-card issuers tend to pick bonus categories for the fourth quarter that line up nicely with where you're likely to spend money for the holidays. Take the Chase (JPM) Freedom card, for instance: This quarter, you can get 5 percent cash-back at Amazon.com (AMZN) and department stores including J.C. Penney (JCP), Sears (SHLD) and Nordstrom. The bad news is that some of the retailers with the lowest prices, including Target (TGT), Walmart (WMT) and warehouse-club stores, are excluded from the deal. Still, if you drop $300 between Macy's and Amazon this holiday season, you're getting back $15 just by using your Freedom card. If you intend to do most of your shopping online, your best bet might be the Discover (DFS) It card, which provides 5 percent cash-back on all online purchases through the end of the year. "As people do more holiday spending online, this is a great
- [By MONEYMORNING.COM]
"I'm a bit skeptical," David Nelms, the chief executive officer of Discover Financial Services (NYSE: DFS), told Bloomberg News. "[Other things pose] a lot more potential threats or opportunities than Bitcoin."
10 Best Net Payout Yield Stocks To Own For 2014: Tropicana Entertainment Inc (TPCA)
Tropicana Entertainment Inc. (TEI) is an owner and operator of regional casino and entertainment properties located in the United States and one casino resort development located on the island of Aruba. TEI�� United States properties include three casinos in Nevada, three casinos in Mississippi, and one casino in each of Indiana, Louisiana and New Jersey. Its properties offer a range of gaming options. TEI�� properties include Tropicana AC in the East; Casino Aztar in Central; Tropicana Laughlin, River Palms and MontBleu in the West; Lighthouse Point, Jubilee, Belle of Baton Rouge, Horizon Vicksburg and Tropicana Aruba in the South and Other.
Tropicana AC
Tropicana Casino and Resort, Atlantic City (Tropicana AC) is situated on a 14-acre site with approximately 660 feet of ocean frontage in Atlantic City, New Jersey. In addition to gaming facilities, the property features The Quarter, a Havana-themed, Las Vegas-style, approximately 200,000 square-foot indoor entertainment and retail center, hosting several restaurants, shops and an IMAX theatre. Other amenities include a 2,000-seat showroom, a full service spa and salon, a health club and indoor pool, a beach and pool bar and approximately 99,000 square feet of meeting and convention space.
Casino Aztar
Casino Aztar Evansville (Casino Aztar) is a casino hotel and entertainment complex in the state of Indiana. Over 60% of Casino Aztar's revenues come from customers within a 50-mile radius. The property's casino operations are located dockside on the three-deck City of Evansville riverboat. Located adjacent to the casino, the Company owns two distinctive hotels: the Casino Aztar Hotel, a 251-room hotel that offers guests a restaurant, conference rooms and banquet facilities; and Le Merigot Hotel, a luxurious 96-room boutique hotel with an upscale martini lounge. A 44,000-square-foot pavilion adjacent to the riverboat features three restaurants, an entertainment lounge, gift shop, coffee shop, pla! yers club and VIP lounge. The District at Casino Aztar includes two restaurants and the Le Merigot Hotel. Casino Aztar also includes a seven-story parking garage, as well as surface parking.
Tropicana Laughlin
Tropicana Laughlin Hotel and Casino (Tropicana Laughlin) is located on an approximately 31-acre site on Casino Drive, Laughlin. The casino at Tropicana Laughlin features a gaming floor. Non-gaming amenities include a heated outdoor swimming pool, seven restaurants, three full service bars, an entertainment lounge with live music, a lounge for high-end players, an 800-seat multi-purpose showroom and concert hall, meeting space, retail stores, an arcade and a covered parking structure. The property features 1,495 hotel rooms.
River Palms
River Palms Hotel and Casino (River Palms) is located on an approximately 35-acre site also on Casino Drive, with approximately 1,300 feet of frontage on the Colorado River. Non-gaming amenities include 1,001 hotel rooms, 10,500 square feet of meeting and convention space, an outdoor pool, fitness center, three restaurants, three full service bars, a showroom, two entertainment lounges with live music and a covered parking structure.
MontBleu
MontBleu Casino Resort & Spa (MontBleu) is situated on approximately 21 acres in South Lake Tahoe, Nevada surrounded by the Sierra Nevada Mountains. In addition to the casino, the property offers guests a choice of three restaurants and various non-gaming amenities, including retail shops, two nightclubs, a 1,500-seat showroom, approximately 14,000 square feet of meeting and convention space, a parking garage, a full service health spa and workout area, an indoor heated lagoon style pool with whirlpool and a 120-seat wedding chapel.
Lighthouse Point
Lighthouse Point Casino (Lighthouse Point) is a 210-foot, three-deck, dockside riverboat located in Greenville, Mississippi. In addition to slot machines, the riverboat inc! ludes a d! eli and bars on each floor while the dockside facility includes a buffet, a bar and 386 onsite surface parking spaces.
Jubilee
Bayou Caddy's Jubilee Casino (Jubilee), a 240-foot dockside riverboat, is located in Greenville. In addition to the casino facilities, the property includes a bar on each floor, a deli and approximately 700 parking spaces. The property also owns and operates the Greenville Inn & Suites, a 41-room suite hotel located less than a mile away, which offers free shuttle service to and from Jubilee and Lighthouse Point.
Belle of Baton Rouge
Belle of Baton Rouge Casino & Hotel (Belle of Baton Rouge) is a dockside riverboat situated on approximately 23 acres on the Mississippi River in the downtown historic district of Baton Rouge, across from the River Center, a 70,000-square-foot convention center. The three-deck, dockside riverboat casino is one of two casino facilities in the Baton Rouge market. Baton Rouge is located 75 miles north of New Orleans. Non-gaming amenities include 300 hotel rooms, 25,000 square feet of meeting and convention space, an outdoor pool, a fitness center, two restaurants, a deli, and an entertainment venue inside a 50,000-square-foot glass atrium that also encloses a tropical lobby.
Horizon Vicksburg
Horizon Vicksburg Casino (Horizon Vicksburg) is a dockside riverboat situated on approximately six acres in downtown Vicksburg, Mississippi. The property features a 297-foot multi-level, antebellum style, dockside riverboat casino housing. Additional amenities include 117 hotel rooms, a restaurant, two covered parking garages as well as additional surface parking. In December 2010, the Company entered into an agreement to sell all of the assets and certain liabilities associated with the operation of Horizon Vicksburg.
Tropicana Aruba
The Company operates timeshare and rental units at Tropicana Aruba Resort & Casino (Tropicana Aruba), a casino resort und! er develo! pment in Noord, Aruba. This resort will have approximately 361 timeshare and rental units, an approximately 16,000 square foot permanent casino, two pools, a swim-up bar & grill, a fitness center and tennis courts, which will be located on approximately 14 acres near Eagle Beach.
Advisors' Opinion:- [By Igor Greenwald]
A majority stake in casino operator Tropicana Entertainment (TPCA) also began with a Chapter 11 restructuring.
From January 1, 2000 to June 10, 2013, Icahn Enterprises has averaged a 20% annual return, multiplying investors' money nearly 12-fold. Berkshire-Hathaway (BRK-B) has managed only a triple over the same span.
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