Santa Fe Gaming - SGM

Article Abstract:

Interest on gaming shares has been revived with the purchase of 65,000 shares by Santa Fe Gaming Pres. and CEO Paul Lowden. Lowden bought the shares at $2.94-$3.13 between May 24-29, 1996 in addition to the 5,000 shares he acquired on March 27, 1996 at $3.13. These activities are significant considering that the stocks are being traded below its book value of $4.15 and Wall Street has renewed interest on leisure stocks.

Misc. Amusement, Recreation Services, Legal Gambling, Gambling Industries, Gambling industry, Gambling, Insider trading in securities, Insider trading (Securities), Santa Fe Gaming Corp.

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Give consumers credit for retail blues...

Article Abstract:

The decline in consumer spending is wreaking havoc on the stock prices of companies that rely on consumers' propensity to spend for their financial profitability. Affected companies include sub-prime lenders such as Money Store and Aames Financial, consumer finance companies such as Americredit and credit card issuers such as MBNA Corp. and Advanta Corp..

Evaluation, Consumer behavior

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