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Stock Market & Financial Investment News

News Breaks
June 18, 2014
06:11 EDTAPO, CZRAppaloosa, bondholders set to sue Caesars, NY Post reports
David Tepper's Appaloosa Management and a group of bondholders are set to file a lawsuit as early as today against Caesars Entertainment (CZR) in a move to stop Caesars from selling four of its casinos to another Caesars-owned entity for $2.2B, the New York Post reports, citing sources. The sale is likely to benefit Apollo (APO) and TPG, both Caesars shareholders that control Caesars entities. The suit is expected to claim that the sale is "fraudulent" and would make it "nearly impossible" for Caesars to pay down its $24B of debt. Reference Link
News For CZR;APO From The Last 14 Days
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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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07:32 EDTAPOHayman Capital gives quarterly update on stakes
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November 13, 2014
18:21 EDTAPOHostess Brands owners said planning sale for early next year, Bloomberg says
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14:05 EDTCZRNew Jersey reports Atlantic City gaming win down 4.4% to $207.23M
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12:59 EDTAPOApollo plans bid for GSK mature drugs business, Reuters reports
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November 12, 2014
18:29 EDTAPOOn The Fly: After Hours Movers
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16:47 EDTAPORexnord offers 14.73M shares of common stock for Apollo Global
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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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07:28 EDTAPOBofA/Merrill to hold a conference
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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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