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Stock Market & Financial Investment News

News Breaks
June 30, 2014
13:17 EDTCZR, CACQCaesars submits application to develop Caesars New York
Caesars Acquisition (CACQ) and Caesars Entertainment (CZR) announced the proposed development of Caesars New York, an $880M luxury casino resort in Woodbury, New York. Caesars Acquisition, through its subsidiary, Caesars Growth Partners, submitted its application to the New York State Gaming Facility Location Board for a gaming license, which will be managed and operated by Caesars Entertainment and its affiliates. The application details plans for the resort and presents information about Caesars' operations and history. The resort is projected to attract more than 10 million visitors a year. Caesars New York will work closely with other businesses in the State to maximize the economic development opportunity in the region. Based on current estimates, Caesars projects an estimated total of $230M in anticipated annual tax revenues with $29M annually going to the local community and $10M to Orange County. The project is anticipated to create approximately 4,500 direct jobs including 1,500 construction jobs and approximately 3,000 permanent, well-paying, mostly union jobs. Caesars has entered into a neutrality agreement with the New York Hotel Trades Council and a project labor agreement with the Hudson Valley Building Trades Council with regard to the operation and construction of the proposed resort. In its application, Caesars has outlined a plan to open the resort approximately 24 months after receiving necessary permits and approvals.
News For CACQ;CZR From The Last 14 Days
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November 20, 2014
09:21 EDTCZROn The Fly: Pre-market Movers
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November 19, 2014
18:22 EDTCZROn The Fly: After Hours Movers
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17:32 EDTCZRCaesar's made REIT proposal on Oct. 28, says proposal 'outdated'
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17:05 EDTCZRCaesar's up 17.3% after Bloomberg report of turning operating unit into REIT
17:03 EDTCZRCaesar's to turn operating unit into REIT, Bloomberg reports
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November 18, 2014
10:20 EDTCZROptions with decreasing implied volatility
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November 17, 2014
12:03 EDTCZROptions with decreasing implied volatility
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05:54 EDTCZRStocks with implied volatility movement; BHI CZR
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November 14, 2014
13:40 EDTCZRCaesar's says 'substantial doubt' exists on CEOC continuing as going concern
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November 13, 2014
14:05 EDTCZRNew Jersey reports Atlantic City gaming win down 4.4% to $207.23M
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November 12, 2014
10:34 EDTCZROptions with decreasing implied volatility
Options with decreasing implied volatility: RMTI RPRX KATE PNK CZR KING TSLA UBNT LOCO GNRC
10:07 EDTCZRHigh option volume stocks: DDS FOSL ZTS CMA CLVS CZR
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November 11, 2014
17:50 EDTCZRCaesar's works out debt restructuring with senior creditors, Bloomberg says
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10:39 EDTCZROptions with decreasing implied volatility
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November 10, 2014
18:32 EDTCZROn The Fly: After Hours Movers
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16:11 EDTCZRCaesar's says acting to reduce expenses, increase EBITDA
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16:09 EDTCZRCaesar's reports Q3 EPS ($6.29), consensus ($1.47)
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16:06 EDTCZRCaesar's announces retirement of CFO Colvin, Hession appointed successor
Caesars Entertainment announced the appointment of Eric Hession, the company's senior vice president and treasurer, as Chief Financial Officer, effective January 1, 2015. Hession will succeed Donald Colvin, who is retiring from the company effective December 31. Hession's appointment is subject to regulatory approval. "Colvin's departure from the company is unrelated to the company's financial condition or financial reporting. There is no disagreement between Colvin and the company," Caesars stated.
15:26 EDTCZRNotable companies reporting after market close
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10:09 EDTCZROptions with increasing implied volatility: CZR IGT CMCSA TWC
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