The Shares of Louisville-based Churchill Downs Inc. were higher Thursday following the company's announcement the night before of a 5 percent profit increase.That was at the end of last week, but shares are still up. We are now taking bets on whether Churchill will continue to call for a government bailout of their increasingly wealthy industry.
Churchill's stock was up nearly 10 percent, or $3.49 per share, at $38.60 Thursday afternoon.
Wednesday, August 05, 2009
More on the financial woes of the lucrative horse industry: