BUZZ-Amaya Inc: 9-month low as company drops merger talks with William Hill

Tue Oct 18, 2016 1:09pm EDT
 
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** Pokerstars owner's Toronto-listed and U.S.-listed shares fall about 9 pct to four-month lows

** Abandons merger talks with William Hill ; William Hill shares down marginally

** Amaya estimates Q3 revenue of $268 mln-$273 mln, compared with $248.2 mln year earlier

** Expects 2016 adjusted net earnings of $1.71-$1.82/shr, compared with loss of 30 cents

** More than 883,360 Amaya shares traded, 5.5x their 30-day moving avg

** Up to Monday's close, stock had fallen nearly 32 pct in last 12 months ($1 = 0.8134 pounds)