Sustainable Innovations, Milestones Achievements, Acquisitions, New Projects and Results - Research Report on MGM Resorts, Royal Caribbean Cruises, Pinnacle Entertainment, Scorpio Tankers, and Teekay PR Newswire NEW YORK, August 19, 2013 NEW YORK, August 19, 2013 /PRNewswire/ -- Editor Note: For more information about this release, please scroll to bottom. Today, Investors' Reports announced new research reports highlighting MGM Resorts International (NYSE: MGM), Royal Caribbean Cruises Ltd. (NYSE: RCL), Pinnacle Entertainment Inc. (NYSE: PNK), Scorpio Tankers Inc. (NYSE: STNG), and Teekay Corporation (NYSE: TK). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below. MGM Resorts International Research Report On August 13, 2013, MGM Resorts International (MGM) unveiled the country's first commercial fleet of compressed natural gas (CNG) fueled Cadillac Escalades during the National Clean Energy Summit at Mandalay Bay Resort & Casino. MGM stated that this is one of its many carbon reducing projects in progress as part of its MGM Resorts Green Advantage platform. "We are excited to introduce the nation's first commercial fleet of CNG Cadillac Escalades, which is further demonstration of our company's commitment to drive innovation in environmental stewardship, while maintaining the highest standards in guest service," said Jim Murren, Chairman & Chief Executive Officer of MGM Resorts International. Murren added, "Environmental responsibility is a core component of our culture and we continuously seek new opportunities to make sustainable services available to our guests." The six EPA-certified luxury vehicles will service ARIA Resort & Casino and Bellagio Resort & Casino. The Full Research Report on MGM Resorts International - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-15/MGM] -- Royal Caribbean Cruises Ltd. Research Report On August 2, 2013, Royal Caribbean Cruises Ltd. (Royal Caribbean Cruises) celebrated two important milestones regarding the development of its Quantum class of ships. Quantum of Seas received its first block as the keel was officially lowered and put into place. Simultaneously, Anthem of the Seas, a sister-ship of Quantum, had its first piece of steel cut, marking the start of the ship's construction. Adam Goldstein, President and CEO, Royal Caribbean International said, "It's incredibly rewarding to see Quantum of the Seas and Anthem of the Seas coming together so well, and today we not only honor these two very important milestones, but also recognize the years of hard work and dedication from the team developing these ships." The Company informed that Quantum of the Seas is scheduled to be delivered in autumn 2014. The Full Research Report on Royal Caribbean Cruises Ltd. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-15/RCL] -- Pinnacle Entertainment Inc. Research Report On August 14, 2013, Pinnacle Entertainment Inc. (Pinnacle Entertainment) announced that it has completed the acquisition of Ameristar Casinos, Inc. (Ameristar) for $2.8 billion, including assumed debt. "We are delighted to announce the successful completion of this transaction marking a beginning to a merger of two dynamic companies that will be even better together," commented Anthony Sanfilippo, CEO of Pinnacle Entertainment. "With this transaction, we have doubled the size of our Company, the gaming and entertainment options for our guests, and career opportunities for our team members." According to the Company, the acquisition is expected to be accretive to Pinnacle Entertainment's free cash flow and EPS. The Full Research Report on Pinnacle Entertainment Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-15/PNK] -- Scorpio Tankers Inc. Research Report On August 6, 2013, Scorpio Tankers Inc. (Scorpio Tankers) announced that it has entered into an agreement with Hyundai Samho Heavy Industries and Daewoo Shipbuilding and Marine Engineering Co., Ltd. to construct four Very Large Gas Carriers (VLGC) at two yards in South Korea. The construction is valued at approximately $75 million each. The vessels are scheduled to be delivered in the third and fourth quarters of 2015. The Full Research Report on Scorpio Tankers Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-15/STNG] -- Teekay Corporation Research Report On August 8, 2013, Teekay Corp. (Teekay) reported its Q2 2013 financial results with revenue declining 11.5% YoY to $430.7 million. Adjusted net loss attributable to Teekay stockholders was $33.3 million, or $0.47 per share, in Q2 2013, compared to a net loss of $17 million, or $0.25 per share, in Q2 2012. Total cash flow from vessel operations stood at $183.6 million during the quarter. "We continue to make progress on our strategy of selling assets into our publicly-traded daughter entities and supporting their growth through direct acquisitions and newbuilding deliveries at the daughter company level," said Peter Evensen, Teekay Corporation's President and CEO. "Looking ahead, we continue to develop new opportunities and build on the strong existing portfolio of visible growth projects in each of our businesses," Peter Evensen added. The Full Research Report on Teekay Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-15/TK] ---- EDITOR NOTES: 1.This is not company news. We are an independent source and our views do not reflect the companies mentioned. 2.Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA. 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Sustainable Innovations, Milestones Achievements, Acquisitions, New Projects and Results - Research Report on MGM Resorts, Royal
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