Mar 3, 2008
Isle of Capri stock down on analyst downgrade
“We believe a smoking ban that does not exclude casinos in Iowa would add further headwinds to Isle's turnaround, given that its Iowa properties comprise about 25 percent of the company's earnings before interest, taxes, depreciation and amortization”
Shares of Isle of Capri Casinos Inc. slumped to a multi-year low today as an analyst downgraded the casino operator, citing economic concerns and a possible Iowa smoking ban.Ryan Worst of Brean Murray, Carret ... via KansasCity.com
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