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Stock Market & Financial Investment News

News Breaks
November 16, 2012
08:10 EDTCZR, PENNCaesar's Entertainment volatility up into Penn National Gaming REIT spin-off
Caesar's Entertainment (CZR) overall option implied volatility of 73 is above its 26-week average of 66 according to Track Data, suggesting larger price movement into Penn National Gaming (PENN) announcing a plan to separate its gaming operating assets and real property assets into two publicly traded companies.
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August 28, 2014
10:59 EDTCZRCaesar's in talks with creditors to restructure debt load, NY Post reports
The New York Post reports that Caesar's has been in talks to restructure its debt load with its senior creditors. According to sources, the talks would likely give the debt holders positions in the "two newly created pieces of Caesars that hold the most promising assets," which includes the company's online gaming business. Reference Link
09:32 EDTCZR, PENNNevada reports July statewide gaming win up 0.65% to $931.8M
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